Draw a picture that shows a government policy that is
inefficient. Feel free to explain why...
Draw a picture that shows a government policy that is
inefficient. Feel free to explain why what is happening and why it
is inefficient. Upload the file that you have drawn as a pdf, jpeg,
or doc
Draw a picture that shows the following: the imposition of a
binding minimum wage in a monopsony results in an increase in
employment. In addition, give a brief intuitive explanation for why
you might expect this to occur.
Draw a picture that shows the income and substitution effect for
a decrease in the price of good X. Assume that good X us a normal
good. Be sure to place good X on the horizontal axis and explain
your picture well.
Imagine that you have a conducting sphere. Draw a picture that
shows the charge distribution within the shell and briefly describe
a reason or reasons for the electric field inside of the shell is
zero using Gauss law. Please explain thoroughly and write
neatly!
Draw and explain the elasticity/TR graphs and why it is
important for the government to understand elasticity before it
raises a tax on specific product such as gasoline or tobacco.
What is Monopoly and Pricing & Advertising in Economics?
Please feel free to draw any graphs or give examples to
substantiate your points.
How does it affect the economy and what can one do to overcome
it?
ques - Explain graphically and intuitively why
Wicksell rotation is inefficient and why it is longer than
Faustmann rotation. Be detailed in whatever you write.