Question 2:

Suppose the demand curve for laptops is:

P_d = 52 - 4 * Q, where Q is the quantity demanded.

The supply curve is:

P_s = 11 + 5 * Q, Laptop production, considering the materials used, the wastes created, transportation, and packing results in 8 euro of external costs per laptop.

Solve for the

(1). equilibrium price (P_m) and quantity (Q_m) in the unregulated laptop market. Pm =? & Qm =?

(3). What is total social welfare (W_m) in the unregulated laptop market? Solve for consumer surplus (CS_m), producer surplus (PS_m), and the externality damage (ED_m).

CS_m = ?

PS_m = ?

ED_m = ?

W_m = ?

(4). If the correct Pigouvian tax is instituted, what will be the equilibrium price (P_t) and quantity (Q_t) in the laptop market?

Q_t = ?

P_t = ?

(5). What is total social welfare (W_t) in the laptop market with the correct Pigouvian tax? Solve for consumer surplus (CS_t), producer surplus (PS_t), the externality damage (ED_t), and the tax revenues (TR).

CSt = ?

PS_t = ?

ED_t = ?

TR = ?

W_t = ?

What are the markets of IKEA ? What are their value proposition ? Describe their marketing offers.

PLEASE ANSWER FAST I NEED TO KNOW HOW TO SOLVE THIS

Assume that the following conditions exist. a. All banks are fully loaned​ up-there are no excess​ reserves, and desired excess reserves are always zero. b. The money multiplier is 5. c. The planned investment schedule is such that at a 6 percent rate of​ interest, investment is ​$1200 ​billion; at 5​ percent, investment is ​$1220 billion. d. The investment multiplier is 4. e. The initial equilibrium level of real GDP is ​$12.00 trillion. f. The equilibrium rate of interest is 6 percent.   Now the Fed engages in expansionary monetary policy. It buys ​$2 billion worth of​ bonds, which increases the money​ supply, which in turn lowers the market rate of interest by 1 percentage point. Calculate the increase in money​ supply: ​$____billion. Calculate the increase in real​ GDP: ​$____billion. Calculate the new equilibrium real​ GDP: ​$____trillion.

please explain the math for me to understand

Conducting monetary policy by the rule or by the discretion has pros and cons. What are pros and cons of conducting monetary policy via rules and discretions?

Most, if not all, of the Canadians believe the government should provide an “adequate” level of public school funding. How might raising this level of “adequacy” actually lead to a reduction of overall (public and private) levels of educational spending in Canada? Explain with the help of a properly labeled diagram.

The pornography industry is one of the most lucrative in the nation— some estimates are that it grosses more than $4 billion annually—however the women and girls who work in this industry see very little of that money. Prostitution as well is highly profitable for a growing number of pimps and human traffickers selling both women and children. What are the legal and moral differences between these two types of sex work, and how have changing social norms contributed to the legal status of both today?

SIU is a university in the UK catering for international students. There are currently 950 students. Fees were £16,000 for the last year and the president is concerned that adverse changes in the economic and educational environment are threatening the university’s future. The income of the market is expected to decline next year by 2%, and it is also expected that the average fee of competitive institutions will fall from £14,000 to £12,000. 10% of revenue is currently spent on promotion. The president does some research and estimates that the relevant demand elasticities are as follows:

PED = -1.6, YED = 2.2, AED = 1.8, CED = 0.8.

1. If fees are maintained at their current level, estimate the amount that would need to be spent on promotion to achieve the target.

How can the neoclassical growth model explain the economy in Mexico?

As newly elected President of your school’s Economics Club, you have been put in charge of the Club’s annual budget of $5000. This budget is to be used to produce “services” for the Club’s members (everyone taking this Economics class). In the past, such services have included things like 1) guest speakers coming into class (who charge a fee for speaking); 2) tours of local businesses (transportation costs); 3) downloading economic statistics from the internet (connect time charges); 4) an end-of-semester party (all expenses paid from the budget); and of course, 5) the President’s salary. What issues do you need to consider as you decide how to allocate the $5000, while keeping in mind that any one of the items (especially item 5) might completely drain your budget? HINT: Write your answer by referencing the central coordination problems faced by any economic system.

What is shown by the budget line in a two-product (A and B) case? Describe what happens when there is a change in income or the price of a product.

Explain what is meant by a command economy. List nine characteristics of the market system.

Once unions are organized according to the terms of the NLRA, the union and the employer try to negotiate a collective bargaining agreement to cover all the terms and conditions of employment for employees in the union. The textbook describes "terms and conditions," but the two biggest items are wages and benefits.

As part of this negotiation process, employers and the union must negotiate in good faith. Take a look at the NLRB v. Whitesell Corp. case. Here the employer tried to negotiate to an impasse, then unilaterally impose their conditions on the employees.

How much further do you think the employer should have negotiated before reaching impasse?

Example- I think that the employer should have continued to negotiate until there was truly a deadlock on all outstanding issues. If there had truly been an impasse reached both sides would have held their ground on one or more issues and were unwilling to budge. At that point an impasse in negotiations could have been declared.

Based on the U.S. Constitution, what do you think the proper role of government is in health care and why?

Hurricanes hit the income of people. At the same time, it also destroys the supplies of essential commodities causing sharp increases in prices of essential commodities. The local regulator suggests a price control on essential commodities. Do you agree or disagree? Briefly explain.

How can the market structure model be improved?

(for example for the monopoly industry and so on)