Describe a negative and positive externality, not included in the lecture, that you have witnessed (or caused). Why do you consider it an externality? Are there rules/ policies we could enact to decrease the external cost and increase the external benefit of these externalities? Are their laws already in place to neutralize the externalities (that…
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Describe a negative and positive externality, not included in the lecture, that you have witnessed (or caused). Why do you consider it an externality? Are there rules/ policies we could enact to decrease the external cost and increase the external benefit of these externalities? Are their laws already in place to neutralize the externalities (that…
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Have you ever witnessed or been a victim of discrimination? What were the circumstances? Why do you believe it happened? What was the outcome?
Find a firm that takes part in economies of scope. What do they produce? How does this type of production lead to lower costs?
Currently the US debt exceeds our annual gross domestic product. Do you believe having a debt to GDP ratio this high is a problem? Why or why not? Suppose you were hired to come up with a plan to reduce the nation’s debt. What proposals would you include in your plan and why? Be specific…
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***The details of the paper are on the file that is attached*** 1. https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/ – 2. https://www.huffpost.com/entry/the-connection-between-ed_b_1066401 – Must be eight double-spaced pages in length (not including title and references pages and formatted according to APA Style. as outlined in the Writing Center’s APA Formatting for Microsoft Word. Must include a separate title page with…
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Overview: The current Administration’s Build Back Better Plan proposes several changes that are intended to help working class Americans. Instructions: Review the Plan and address the questions below. Your responses need to be supported by relevant well-researched facts. 1. What are the major changes proposed in the Plan? 2. What is the projected impact on…
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Explain the conditions in which a firm will exit a market. Find an article within the last year that addresses the announcement that a firm is leaving a market and explain the conditions for the departure within the context of the article.
Classify two of the following markets as perfectly competitive, monopolistic, or monopolistically competitive and explain your answers. Gasoline at the pump Oranges Train service from New York to Boston Suntan lotion Diabetes medication Discuss and reflect on two other markets. use as many references as you need
Explain the conditions in which a firm will exit a market. Find an article within the last year that addresses the announcement that a firm is leaving a market and explain the conditions for the departure within the context of the article.