Tax Collection for The Government Discussion

Question FU Social Marginal Benefit and Optimal Provision Question Consumer 1’s demand for a public good is QD = 320 − 10P, and consumer 2’s demand is QD =40−12P. What is the social marginal benefit of consumption? If SMC = 7, what is the socially optimal provision of the public good?

Question ECONOMIC DEVELOPMENT ASSIGNMENT 2 (5 Marks) 1. In what ways does poverty lead to environmental degradation? In what way are the poor victims? Specifically, provide two examples of how the poor sometimes degrade the natural resources on which they depend. Why does this happen, and what might be done to escape this trap?  Suggested…

Question ASU Monetary Economics Probability & Average Numbers Questions Trucks at a single platform weigh-bridge arrive according to Poisson probability distribution. The time required to weigh the truck follows an exponential probability distribution. The mean arrival rate is 12 trucks per day, and the mean service rate is 18 trucks per day. Determine the  following: 1….

Question ECN 100B Problem set 1   Question 1  Imagine many small farms selling strawberries at the Davis Farmers Market, in a setting of perfect competition. Each individual firm faces costs C(q) = 100q2. A. Derive a firm’s supply curve. Now assume there are 200 firms selling strawberries at the Davis Farmers Market. B. Derive…

Question UP Economics The Revenues from The Healthcare Sector Discussion The Healthcare industry affects health insurers prices. Whether its health insurance premiums or a medical bill from the doctor, the cost of health care in our country is expensive. Many factors affect these prices such as interest rates, inflation, and unemployment. Please discuss why the…

Question ECON312N Principles of Economics Week 3 Homework Question 1 GM cuts jobs at its Australian manufacturing unit GM will cut 500 jobs, or about 12% of its workforce, at its Australian plant because of a sharp fall in demand for its locally-made “Cruze” small car. Source: The Wall Street Journal , April 8, 2013…