Why it is generally not reasonable to say that a particular, Ask an Expert

Economics

Q1. Why it is generally not reasonable to say that a particular Pareto-efficient allocation is the most desirable allocation that can be reached?

Q2. The marketplace demand curve for a perfectly competitive marketplace is given by p=440-10Q. The marketplace supply curve is given p=4Q+20. Calculate the equilibrium price also quantity in the marketplace..

Q3. Elucidate: Without a marketplace for pollution rights, dumping pollutants into the air or water is costless; in the presence of the right to buy also sell pollution rights, dumping pollutants makes an opportunity cost for the polluter; Illustrate what is the significance of this opportunity cost to the search for better technology to reduce pollution?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9162569

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