Suppose a community faces a pollution problem because of emissions from a polluter with MAC = 36 - 21 The information on pollution damages is given by MD = E (a) If there is a tax rate on emissions of \$ 9/unit , then what is the emission level choosen by the polluter in equilibrium? What is the amount of its compliance costs? (b) What is the socially efficient tax rate in the given situaton? () Now imagine a situation where the polluter bargains with the community (let's say, with the community government ) and offers to pay $6 for each unit of emission (i.e. \$6/unit) ) it is allowed to produce. What level of emissions is the community likely to allow ? What is the likely net gain to the community from allowing those units of emissions?

These changes will either cause demand to increase (shift right) or decrease (shift left). Use either word as applicable, for the short answer.

1. If the price of a good increases because the demand for it increases, What would you expect the demand for its complement to do?

2. If the demand for coffee beans increases, then what is likely to happen to the demand for land on which to grow coffee?

3. If advertising expenditures for the good being considered are decreased, then demand for the good being considered will likely:

4. Lattes are a relatively expensive coffee drink. However, being a normal good, as consumers’ disposable income increases, the demand for Lattes should:

5. As the supply of tablet computers and e-readers increases relative to the demand for them, what change in demand for printed textbooks (having digital e-book versions) would you expect?

Explicate how the exchange rates and the balance of payments are affected by deficits and surpluses.

Assess Raeworth’s analysis of the Kuznets Curve and its social implications for resource production.

Contrast perfect competition with monopolies and monopolistic competition, providing an example of each.

Compare the traditional Keynesian, new Keynesian and real business cycle models in terms of expectations, price flexibility and potential sources of business cycle fluctuations. (simple answer) (simple english)

What are several e-business and e-commerce strategies and applications that should be developed and implemented by many companies today? Explain your reasoning

Explain the difference between purchasing life insurance on yourself versus someone else. Do you perceive the purchase of life insurance for yourself, as self-betrayal?

Marketing strategies are influenced by a number of external forces or “environments” i.e. global, technological, sociocultural, competitive, and economic. which of these environments has had the biggest impact on the cereal industry over the past 50 years? Why?

Write a literature review on solar energy or panel.

Referring to game theory, why is it difficult to finance public goods? can you also mention the players, playoff matrix and strategies used? thanks

a)Define economic theory and give an example of a ceteris paribus problem
b)Discuss broadly into details why the balance of payments report is useful to the Ministry of Finance.
c)Differentiate between:
i)normative economics and positive economics
ii)price elasticity of demand and income elasticity of demand
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