1. Wardco mining would like to expand operations in a west Texas region affecting a single small town. Expansion would put toxic chemicals into the groundwater that, if untreated, would make the water undrinkable. This is the only effect and, even then, the chemicals breakdown in about a decade.

a. If it cost Wardco $40 million to extract the minerals but would cost $10million to treat the water and the value of mined products to customers is $60million, should Wardco be required to pay the cost of treating the water?

b. If it cost Wardco $40 million to extract the minerals but would cost $10million to treat the water and the value of mined products to customers is $48million, should Wardco be required to pay the cost of treating the water? Would Wardco do so?

c. Suppose it cost Wardco $40 million to extract the minerals and the value of mined products to customers is $48million. It would cost $10million to treat the water but only $5million to buy all the affected residents’ property. Should Wardco be required to treat the water in this case?

How did President Reagan's foreign policy views toward the USSR and Cold War evolve from 1981-1989?

Back from his dream, Matt begins some strategic planning for starting another store in a small town that has no computer store and is not inclined to use mail order buying methods.

1. He believes the annual demand in the town will be P = 1800 – 10Q. First, calculate Matt's marginal revenue curve, and then graph both the demand and MR curves.

2. He estimates his marginal cost per computer to be constant at $600. Sketch on the graph the marginal cost curve. From this data, calculate how much he should sell to maximize profit and what price Matt should charge.

3. If capital costs are fixed at $12,000 for the year what is Matt’s total cost function and his average cost per computer at the optimal output?

4. From the average cost at profit maximum output, show the profit rectangle on your graph above.

5. If Matt were able to perfectly price discriminate, what would be his output and profit?

The following two equations are the demand equations for airplane trips for a business person and a vacationer, respectively. The airlines’ marginal cost is $20 per passenger.

? =620−100? ,and

? =180−40? ""

1. What price should the airlines charge each person if the firm’s objective is to maximize profit?

2. Does this pricing make sense? To answer this, calculate the price elasticity of demand for each customer type. Whose demand is more elastic? Explain your response.

SA 1. Bob supports his family with monthly income of $500. Currently, he spends $200 on food and the remaining $300 on composite goods. Under the new income assistance program to be implemented next year, Bob will become eligible to receive food vouchers. Those vouchers provide Bob with $300 worth of free food every month. However, they cannot be sold or exchanged for other goods. True or False: Assuming that food is an inferior good for Bob, he will be better off if his income increases by the same amount as the food vouchers. With the use of an appropriate diagram explain your answers.SA 2. Suppose that a firm uses labour and capital in production. The wage rate is $10 per unit of labour and the rental cost of capital is $10 per unit. The firm is currently producing 100 units of output by using the cost-minimizing input combination of 50 units of labour and 50 units of capital.On an isoquant and iso-cost diagram, show than an increase in output from 100 units to 150 units will result in higher short-run total costs, average costs and marginal costs than in the long-run counterparts.

What do you think about the importance of marketing in crises like Corona
Pandemic? Focus on all of the marketing functions such as product, place, marketing
communication, price.

In the Malthusian model, suppose that the quantity of land increases. Using diagrams, determine what effects this has in the long-run steady state and explain your results.

I need solve this problem nicely

Problem 1. ( JUST NEED PROBLEM 2 SOLVED)

Home’s demand curve for wheat is

D = 100-20P. Its supply curve is. S = 20 + 20P.

Suppose that Home is a small country.

a. Graph the demand and supply curves.

2. In the absence of trade, what would the price of wheat be in Home?
3. The price of wheat in the world market is 1.5. What is the free-trade equilibrium price of wheat in Home?
4. Determine the amount of domestic production, domestic consumption, and imports of wheat in Home under free trade.

Problem 2

In the example of problem 1, suppose Home imposes a specific tariff of 0.25 on wheat imports.

1. Determine and graph the effects of the tariff on the price of wheat and the quantity of wheat supplied and demanded in Home.

2. Determine using a graph the effect of the tariff on the welfare of each of the following groups:
   1. Home import-competing producers; (2) Home consumers; (3) the Home government.

3. Calculate, using geometric techniques, the consumption distortion loss, the production distortion loss, and the net welfare effect of the tariff.

According to constructivism, which of the followings are correct? Please select all that apply.   

Group of answer choices

A. Personalities of the world leaders are the main factor shaping global politics.

B. As states interact, they together create collectively held ideas, beliefs and norms.

C. States attach meanings to the material world and these meanings are shaped/constructed by the collectively held ideas, beliefs and norms in the system.

D. States have constant relations among each other and they interact as members of a community, therefore they behave according to the logic of appropriateness in a given context.

E. Anarchy is what states make of it.

Hi, can you answer this question in more detail?

Subject: Business Policy and Strategy

The G2000 Group was founded by Michael Tien in 1980 in Hong Kong. The label G2000, first introduced in 1985, was positioned as a specialty clothing chain distributing fashionable men’s and women’s career wear. Today, the G2000 Group is a multi-brand specialty retailer offering an assortment of men’s and women’s apparel and accessories, operating under different labels: G2000 MAN, G2000 WOMAN, G2000 studio, BLAACK and At Twenty.

(B)

As for the situation analysis of G2000 company, it involves the following topics, shows your theoretical understanding, and adopts RBV-VRIN to conduct internal resource evaluation for the local market of Hong Kong.

(Words: 700 Don’t direct copy)

• Value
• Rarity
• Imitability
• Non-substitutability

Consider a two-period model of a closed economy with government. Assume that the representative agent is endowed with ?1 and ?2 as initial endowments in period 1 and period 2 respectively, and has the utility function ? = ln ?1 + ? ln ?2, where ?1 and ?2 denote consumption and ? is the discount rate. Suppose that the government spends ?1 and ?2 in period 1 and period 2 and finances its expenditure through lump-sum taxes ?1and ?2 in periods 1 and 2 respectively.

(i) Derive the inter-temporal budget constraints of the representative agent and the government. [5]

(ii) Suppose if government borrows ? units at the interest rate of ? to finance its expenditure in period 1, derive the amount of taxes that would satisfy its inter-temporal budget constraint. Explain whether Ricardian Equivalence holds in this situation. [15]

1. Which of the following statements is (are) correct?
(x) In the open-economy model, the key determinant of net capital outflow is the real interest rate.
(y) When the U.S. real interest rate decreases and is low, owning U.S. assets is less attractive and so U.S. net capital outflow is relatively high.
(z) Ceteris paribus, if the German real interest rate were to increase, German net capital outflow would fall and net capital outflow of other countries would rise.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only
E. (y) only

In the open economy macroeconomic model of the textbook, which of the following is included in the demand for U.S. dollars in the market for foreign-currency?
(x) A retail outlet in Canada wants to buy computers from a U.S. computer manufacturer.
(y) ABC Securities, a U.S. stock brokerage, wants to purchase stock issued by a French corporation.
(z) A United States bank that has branch offices in Mexico and Canada loans dollars to Tom, a resident of the United States, who wants to purchase a new car that was made in the United States.
A. (x), (y) and (z) B. (x) and (y) only
C. (x) and (z) only D. (y) and (z) only
E. (x) only

Which of the following statements is (are) correct?
(x) If at a given real interest rate desired national saving equals $50 billion, domestic investment equals $40 billion, and net capital outflow equals $20 billion, then at that real interest rate in the loanable funds market there would be a shortage and the real interest rate would rise.
(y) As the real interest rate falls, domestic investment rises and net capital outflow falls.
(z) If the quantity of loanable funds supplied is greater than the quantity demanded, then there is a surplus of loanable funds and the interest rate will fall.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only
E. (x) only