Suppose the state is trying to decide how many miles of a very scenic river it should preserve. there are 100 people in the community, each of whom has an identical inverse demand function given by p=10-1.0q, where q is the number of miles preserved and p is the per-mile price he or she is willing to pay for q miles of preserved river.
(a)if the marginal cost of preservation is $500 per mile, how many miles would be preserved in an efficient allocation?
(b)how large is the economic surplus?
Answers: 2
Business, 21.06.2019 18:20
Elon musk is the ceo of tesla motors. musk also serves as chairman of tesla's board. according to corporate governance theory, which of the following is a logical reason why musk should serve on the board? 1. he serves on many other boards, including that of a major client of tesla.2. his is an independent director who is well positioned to monitor the company's management.3. he can easily fire board members that are shirking their duties.4. he can provide the board with valuable inside information about the firm and the industry.
Answers: 1
Business, 21.06.2019 21:30
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Answers: 1
Business, 21.06.2019 23:30
Which alternative accounting method allows farmers to record expenses and incomes in the year in which they sell their yield? gaap allows for the method, which permits farmers to subtract the expenses of producing the crop in the year in which they sell the yield and earn the revenue.
Answers: 3
Business, 22.06.2019 06:00
Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow
Answers: 3
Suppose the state is trying to decide how many miles of a very scenic river it should preserve. ther...
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