Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

When you bought your house, only 5 commercial planes passed over it daily, on average. That number has grown slowly and almost imperceptibly over the intervening years, and now numbers 150. Is the change from 5 to 150 a drastic or radical change? Is your situation with 150 planes flying over your house each day more tolerable because the number increased slowly and imperceptibly? Would you be more likely to receive compensation of some sort if the changes had occurred over a very short period of time? Does the fact that we can't tell which straw broke the camel's back mean that the addition of more straw to the camel's burden was not the cause of its broken back?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M939470

Have any Question? 


Related Questions in Microeconomics

Question briefly explain whether you agree with the

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 describe how might the three trends mentioned in

Question: Describe how might the three trends mentioned in Article (WSJ) Burberry, Richemont Sales Violin in Hong Kong, Paris, and actions by the IMF of organization in Article (WSJ) IMF Cuts 2016 Global Economic Growth ...

Question bricklaying is a labour-intensive activity one hod

Question: Bricklaying is a labour-intensive activity. One Hod carrier can provide mortar for two bricklayers (A Hod carrier is a labourer who carries material for the bricklayer). If the company attempted to increase pro ...

Question topic the annual budget deficit in the usmake an

Question: Topic: The Annual Budget Deficit in the US Make an assessment as to whether any of the collaborative models - such as the mega-community model or some of the approaches discussed in Friedman's writings offer ho ...

Question you and your friend have opened an account on

Question: You and your friend have opened an account on E-Trade and have each decided to select five similar companies in which to invest. You are diligent in monitoring your selections, tracking prices, current events, ...

Question assume the karolina cucoos are a minor league

Question: Assume the Karolina Cucoos are a minor league, small town baseball team. The demand for tickets to watch them play is: P = 40 - .005Q. A) Assume MC = 0, and that stadium capacity is unconstrained. What is the p ...

Question engineering economics show all work and stepsa

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 ...

Question why does longo use salespeople instead of price

Question: Why does Longo use salespeople instead of price tags? Why not just offer cars at a fixed discount under the sticker price? Or why not be like the General Motors Saturn and advertise a no bargaining policy? The ...

Question in the example from the exchange without

Question: In the example from the Exchange Without Production section, construct a different series of trades among the five people and show that it leads to the same equilibrium price and the same allocation of the good ...

Question american historyparticipation in world war i led

Question: American History Participation in World War I led to many changes in the U.S. government, our economy, and society as a whole. Some changes were positive and some negative, but all lead to wholesale changes in ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As