1) Why are railroads natural monopolies? What limits their
pricing power?
2) Should we try to eliminate all pollution? What economic
considerations might favor permitting some pollution?
3) Would the US economy be better off without government
intervention in agriculture? Who would benefit and who would
lose?
Should term limits be imposed on members of the House
and Senate? Why or why not? If you support term limits, how long do
you think representatives and senators should be allowed to
serve?
Why
are superconductors not used to transmit power? If superconductors
were available at the time of Edison and Tesla, would Edison have
won the energy battle? What would change if superconductors could
be used economically in our electrical grid?
“As a lender, I should be able to advertise however I wish
without limits.” Discuss why this statement is outside of current
fair lending practice and why it should be.
Write a Java program that reads an input graph data from a user.
Then, it should present a path for the travelling salesman problem
(TSP). In the assignment, you can assume that the
maximum number of
vertices in the input graph is less
than or equal to 20.
Input format: This is a sample input from a
user.
4
12
0 1 2
0 3 7
0 2 5
1 0 2
1 2 8
1 3 3
2 0...
Should business-input and argument be considered in public
policy discussions of environmental policy? Why might the public be
suspicious of this input? What role should business play in
deciding environmental policy?
True or false and why?
Firms should make, rather than buy, an input to avoid paying a
profit margin to independent firms.
If a firm earns positive accounting profits, it has no incentive
to exit its business.
Diminishing returns to labour imply decreasing returns to
scale.