subject
Business, 08.02.2021 02:20 masonsee4ytube

1) 60pts a. Draw ONLY the PRIVATE market for face masks in private equilibrium in the US
PRIOR to the outbreak of the Corona Virus where the equilibrium price is $2 and
100,000 masks are sold. Assuming that the most anyone would pay is $10 for a
mask and the cheapest one to make is $1 show and calculate the Consumer and
Producer Surplus; what is the value of Total Surplus? Show your work.. Be sure
to label each axis, your lines, points, etc. (20pts)
b. Now on that same graph show what happens to this market when the Corona
Virus hits the US. What happens to Equilibrium Price, Equilibrium Quantity,
Supply, Demand, Quantity Supplied & Quantity Demanded? (15 pts)
C. Now on the same graph include the PUBLIC market after the Corona Virus hits
and show if masks are an externality market. Are they a positive or negative
externality? Label your graph including the dead weight loss. (15pts)
d. How might the government correct the externality? (5pts)
e. Give another example of an externality not in class or in the book, is it positive or
negative, how might it be corrected? (5pts)

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 00:00
Exercise 4-6 the following balances were taken from the books of alonzo corp. on december 31, 2017. interest revenue $86,000 accumulated depreciation—equipment $40,000 cash 51,000 accumulated depreciation—buildings 28,000 sales revenue 1,380,000 notes receivable 155,000 accounts receivable 150,000 selling expenses 194,000 prepaid insurance 20,000 accounts payable 170,000 sales returns and allowances 150,000 bonds payable 100,000 allowance for doubtful accounts 7,000 administrative and general expenses 97,000 sales discounts 45,000 accrued liabilities 32,000 land 100,000 interest expense 60,000 equipment 200,000 notes payable 100,000 buildings 140,000 loss from earthquake damage 150,000 cost of goods sold 621,000 common stock 500,000 retained earnings 21,000 assume the total effective tax rate on all items is 34%. prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (round earnings per share to 2 decimal places, e.g. 1.48.)
Answers: 2
question
Business, 22.06.2019 02:00
What is the main role of ctsos at the local level? at the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events.1. a.internsb.traineesc.members2.a.participateb.trainc.win
Answers: 3
question
Business, 22.06.2019 12:00
Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?
Answers: 1
question
Business, 22.06.2019 20:30
Read the overview below and complete the activities that follow.apartment complexes often look for ways to recruit new tenants and retain current tenants. although apartment complexes offer the tangible benefit of shelter to their tenants, many apartment complexes also offer additional services to tenants to encourage tenants to stay or to support the rent prices. the following scenario identifies the several service gaps of a company that runs an apartment complex as well as solutions for reducing these service gaps.concept review: customers have certain expectations about how a service should be delivered. a service gap occurs when the delivery of a service fails to meet customer expectations. there are four types of service gaps: knowledge gap, standards gap, delivery gap, and the communications gap. it is important for marketers to identify these gaps and develop strategies for minimizing them.match the example or solution to the appropriate service gap category.1. wait for repairs 5. train employees well2. understand expectations 6. incentives for tenants3. do not overpromise 7. family movie night4. empower employees 8. delayed lawn careservice gap example solutionknowledge gap standards gap delivery gap communication gap
Answers: 3
You know the right answer?
1) 60pts a. Draw ONLY the PRIVATE market for face masks in private equilibrium in the US
PRIO...
Questions
question
Mathematics, 18.05.2021 17:00
question
Mathematics, 18.05.2021 17:00
question
History, 18.05.2021 17:00