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Why does a newspaper dispenser open to a stack of newspapers and essentially "trusts" a consumer to take just one copy whereas a soft drink vending machine does not "trust" consumers and dispenses one can for each purchase?
Microeconomics, Economics
Question: Some crops have flowers that are rich in nectar, but pollination by bees has only a small effect on their yields. Construct an example to show that in this case the beekeeper will probably pay for the right to ...
Question: Briefly explain whether you agree with the following statement: "The longer the period of time following an increase in the demand for apples, the greater the increase in the equilibrium quantity of apples and ...
Question: It appears that in the twenty-first century, by far the biggest increase in Federal spending will occur in increased medical care expenditures for the aged and the poor. If this does indeed turn out to be a pol ...
Question: Despite the existence of research data that might inform policy about development, politicians rarely discuss such data in their speeches. Why do you think that is the case? 140 characters are required to post ...
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Question: 1. Do you think that the change in fuel consumption can be attributed to the carbon tax?What other things do you think played a part in the change? 2. What are some good that are regulated by the free market? w ...
Question: A person buys a bond that matures in 10 years and pays a 10% coupon rate. The face valley is 10,000 . How much money will be received in the 10th year? The response must be typed, single spaced, must be in time ...
Quesiton: In chapter two of our required text What Environmentalist Need to Know About Economics the author states that environmentalist should prioritize its goals. The idea is to figure out which goals would yield a hi ...
Question: Why do we use the perfectly elastic world price curve as a sort of benchmark to evaluate social wellbeing in the case of international trade and import tariff while only using demand curve (willingness to pay) ...
Question: Engineering economics; (show all work and steps) A construction firm can achieve a $15000 cost savings in Year 1 and increasing by 10% each year for the next 5 year by upgrading some equipment. At an interest r ...
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