Questions
Based on at least three examples, using sources, please show how philanthropists have influenced k-12 public...

Based on at least three examples, using sources, please show how philanthropists have influenced k-12 public education.

Words 200-300. Thank you

In: Economics

List the uses for the cagan equation?

List the uses for the cagan equation?

In: Economics

Consider a lake found in the village of Leduc, and then answer the questions that follow....

Consider a lake found in the village of Leduc, and then answer the questions that follow.

The village has a resort whose visitors use the lake for recreation. The village also has a chemical plant that dumps industrial waste into the lake. This pollutes the lake and makes it a less desirable vacation destination. That is, the chemical plant's waste decreases the resort's economic profit.

  

Suppose that the chemical plant could use a different production method that involves recycling water. This would reduce the pollution in the lake to levels safe for recreation, and the resort would no longer be affected. If the chemical plant uses the recycling method, then the chemical plant's economic profit is $2,200 per week, and the resort's economic profit is $3,200 per week. If the chemical plant does not use the recycling method, then the chemical plant's economic profit is $3,000 per week, and the resort's economic profit is $2,000 per week. These figures are summarized in the following table.

Complete the following table by computing the total profit (the chemical plant's economic profit and the resort's economic profit combined) with and without recycling.

Action

Profit

Chemical Plant

Resort

Total

(Dollars)

(Dollars)

(Dollars)

No Recycling 3,000 2,000
Recycling 2,200 3,200

Total economic profit is highest when the recycling production method is   .

When the chemical plant uses the recycling method, the resort earns $3,200−$2,000=$1,200$3,200−$2,000=$1,200 more per week than it does with no recycling. Therefore, the resort should be willing to pay up to $1,200 per week for the chemical plant to recycle water. However, the recycling method decreases the chemical plant's economic profit by $3,000−$2,200=$800$3,000−$2,200=$800 per week. Therefore, the chemical plant should be willing to use the recycling method if it is compensated with at least $800 per week.

Suppose the resort has the property rights to the lake. That is, the resort has the right to a clean (unpolluted) lake. In this case, assuming the two firms can bargain at no cost, the chemical plant will   the recycling method and will pay the resort   per week.

Now, suppose the chemical plant has the property rights to the lake, including the right to pollute it. In this case, assuming the two firms can bargain at no cost, the chemical plant will   the recycling method, and the resort will pay the chemical plant   per week.

The chemical plant will make the most economic profit when   .

True or False: The chemical plant will use the recycling method, regardless of who has the property rights.

True

False

In: Economics

Provide an overview of how health care in the United States has evolved since the postindustrial...

  • Provide an overview of how health care in the United States has evolved since the postindustrial period.
  • How has the evolution of medical technology, graduate medical education, and the professionalization of medical and nursing staff affected the delivery of care?
  • Why has the United States been unsuccessful in evolving the current health care system into a national health care system?

PLEASE USE EXAMPLES

In: Economics

Explain the relationship between the structural budget deficit and contractionary changes in fiscal policy with a...

Explain the relationship between the structural budget deficit and contractionary changes in fiscal policy with a diagram [You only need to draw the diagram]. [7 Marks]

In: Economics

introductions to global corporation and multination corporation, focus on their work practices.

introductions to global corporation and multination corporation, focus on their work practices.

In: Economics

Equipment for immersion cooling of electronic components has an installed value of $182,000 with an estimated...

Equipment for immersion cooling of electronic components has an installed value of $182,000 with an estimated salvage value of $40,000 after 15 years. For years 2 and 10, use DDB book depreciation to determine: (a) the depreciation charge, and (b) the book value.

I want an explanation for the steps

In: Economics

Jacob is a private math tutor. He has no cost (assume just for simplicity, we know...

Jacob is a private math tutor. He has no cost (assume just for simplicity, we know that opportunity of his time is not zero). Currently Jacob has two students. Andy’s demand function for math private classes is pA = 20−qA while Ben’s demand function is pB = 12−(1/2)qB, where q is number of math classes.

(a) Assume that Jacob cannot price discriminate. Jacob has to charge the uniform price to both students. Find the profit-maximizing price he charges for his services, number of the classes each student takes and his profit. Support your answer by a graph.

Assume that Jacob can price discriminate, and indeed uses 3rd degree price discrimination.

(b) Briefly describe features of this price discrimination and hypothesize which student will pay higher price and why.

(c) What is the price Andy will pay and how many classes does he buy?

(d) What is the price Ben will pay and how many classes does he buy? (

e) What is Jacob’s profit? Support these equilibria with graph. Comment on your findings and compare it with profit from part a).

In: Economics

15. There are two types of private cars in Country A: small-cylinder engine and large-cylinder engine....

15.
There are two types of private cars in Country A: small-cylinder engine and large-cylinder engine. The gasoline price in Country A has increased rapidly recently. With the help of demand-supply diagrams, briefly explain why the increase in gasoline price leads to an increase in the price of new small-cylinder engine cars and a decrease in the price of new large-cylinder engine cars in Country A.

In: Economics

What does zero-sum economics mean? To whom does wealth belong? What is the relationship between equality...

  1. What does zero-sum economics mean? To whom does wealth belong?
  2. What is the relationship between equality and liberty? Does fairness demand economic sameness?
  3. Do justice and the common good require economic equality? How do individual differences play into notions of equal distribution of wealth?

In: Economics

It is said that economic crises (such as the economic recession) can be expected through the...

It is said that economic crises (such as the economic recession) can be expected through the performance of financial markets in the period prior to them.

1- What is meant by that?


2- What is your personal opinion?

In: Economics

please respond to the following in a minimum of 175 words: Explain what happens to the...

please respond to the following in a minimum of 175 words:

Explain what happens to the interest rate if the money supply increases or decreases and the money demand remains unchanged. Explain what happens to the interest rate if the money demand increases or decreases and the money supply remains unchanged.

In: Economics

a. Using the concept of price elasticity of demand, explain the conditions under which it would...

a. Using the concept of price elasticity of demand, explain the conditions under which it would be rational for pharmaceutical companies to reduce the supply of drugs. Explain carefully.

b. Under the conditions you have identified, what do you think the appropriate response of the government should be? Explain your answer.

In: Economics

Explain the significance of the presentence investigstion report (PSI) and what is typically included in it.

Explain the significance of the presentence investigstion report (PSI) and what is typically included in it.

In: Economics

Scenario: I can get a new bond from a company with a 10yr maturity and and...

Scenario: I can get a new bond from a company with a 10yr maturity and and a 5% yield (for par value) or I can buy an existing bond (from the same company) with a 10yr maturity and a 4% yield... Would I pay the same, more, or less for the existing bond (compared to the new bond)... and what risk does this represent when investing in fixed income?

In: Economics