Contrast the experiences of the Ogoni people of Nigeria with those of the citizens of Alaska. How have they been similar and different? Do you think businesses or governments should take steps to ensure that local people benefit from oil drilling operations? How could they do so?

Q: Your company plans to develop a bridge of an estimated cost of 6 million dollars ($6,000,000) of…

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A: "Market equilibrium occurs at a point where market demand intersects market supply. But with…

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A: Goals: 1. Economic growth: It aims at economic growth of the country through the means of…

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A: The institutionalized support concept is primarily focused on improving or correcting societal…

Q: 17. To which of the following government programs would a single, cross-country truck driver with no…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: part D E F needed  Consider Points A, B, C, D, E, F and G. a. Which points are inefficient?…

A: d) In the given picture, the shape of the PPF curve is concave which implies the diminishing…

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A: A demerit good is characterized as a good which can adversely affect the purchaser - however these…

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A:

Q: Define Disposable income.

A: Disposable income, otherwise called dispensable individual income (DPI), is the measure of cash that…

Q: Compare and contrast maximum sustainable yield, ecosystem-based management, and adaptive management.…

A: Ecosystem management is a natural resource management method that tries to preserve the long-term…

Q: What are the advantages of the affinity group model of organization? What are its disadvantages?

A: Answer -   affinity group model of organization:- It is the model where group of people work…

Q: Which of these situations is likely to produce a monopoly market structure?   Group of answer…

A: Monopoly is the form of market where there is only single seller in the market for specific…

Q: 24. When a good or service is Non-Rival and Non-Excludable, it is is classified as a a) Private Good…

A: Non-rival: A good or service is non-rival in nature if consumption of this good by a person does not…

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A: "A perfectly competitive market structure is the one which consists of many buyers and sellers and…

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A: In game theory, the dominating strategy describes a situation in which one player has better tactics…

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A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

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A: When talking about discrimination, it refers to the situation when an individual is unfairly treated…

Q: When the price of Apple iPhones rises, the Samsung Galaxy phones

A: "Demand reflects an inverse relationship between price and quantity demanded of a product. Shifts in…

Q: ifered a crane-mounted pneumatic breaker which will cost P 1,200,000 with a s 000 at the end of its…

A: Interest on investment the occasional receipt of inflows on monetary instruments like bonds,…

Q: 3. Which of the following items will NOT affect an economy's PPF in Country XY? 4 O The development…

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Q: Multiple choice question and give a short explanation about your answer: According to the Fisher…

A: In the two-period model, the consumers behave rationally and smooth their consumption in the current…

Q: THINK IT THROUGH You are the CEO of a major corporation that produces containers for soft drinks and…

A: Meaning of Consumer Welfare: The term consumer welfare refers to the situation under which an…

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A: Monopoly is the form of market structure where a single seller the products in entire market and no…

Q: 37. Vince purchased a 2008 used car for $15,300. This make and model used car straight line…

A: Vince purchased a car for $15,300 and the car reduces its value to zero in 8 years due to…

Q: Govind's income is 5000 rupees and he is trying to maximize his utility from consuming Apple and…

A: Apple and oranges are both fruit. Assuming they are perfect substitutes for Govind.  I= 5000Pa= 5Po…

Q: 1. (Production) Jasmine has just inherited a restaurant. In the short run, she has to stick with the…

A: The short-run is a notion that states that at least one input is fixed while the others are variable…

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A: Increases in the multiple base interest rates set by modern central banks or other measures of…

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A: A lump-sum tax is an exceptional method of tax collection, in view of a fixed sum, as opposed to on…

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A: Here, the given table provides information about price, quantity, fixed cost and variable cost of a…

Q: Which of the following production functions exhibit(s) constant returns to scale? I. Q= KL K+L II. Q…

A: Given:  There are three production functions: 1. Q=KLK+L2. Q=2K+L3. Q=K0.8L0.2

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Q: What is insurance 6. Explain threx principles of insurance

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Q: 11. The following payoff table involves two players each of whom has three possible moves. L M N L…

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Q: Demand function: 2QX=2200-PX Supply function : Qx = -300 +3 Px Sales tax per unit : 150 Calculate…

A: A .  Pre tax Total surplus  = 945,000 where  CS = 810,000 ; PS = 135,000   Post tax total surplus  =…

Q: Let's assume that in the Asgardian's model of the economy the natural rate of interest is denoted as…

A: Aggregate Demand  Aggregate demand refers to the overall demand in the economy for output. It is the…

Q: The distinctive way of life allegedly developed in urbanareas is referred to as __________.

A: Urban areas are more developed as compared to rural areas.

Q: Match the following concepts with the definitions listed below them ____ a. gemeinschaft____ b.…

A: "Since you have asked a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Which of the following will increase the supply of cellphones? (Check all that apply.) Multiple…

A: A change in the quantity supplied is different than a change in the supply.

Q: STATEMENTS: 1. Agriculture can only make a good economic activity for LDC's. 2. Agriculture seems to…

A: The answer is given below

Q: Which of these markets is most likely to be identified as monopolistic competition?   Group of…

A: In case of monopolistic competition many firms offer the goods that are not that similar. (a) Shoes-…

Q: Multiple choice questions and give a short explanation to your answer According to the efficient…

A: Answer -   Efficient market hypothesis:- This hypothesis states that market are efficient on there…

Q: If two goods are substitutes, what happens if there is a decrease in the price of one good?…

A: Substitute goods are known or considered to be as those goods which are alternative and which can be…

Q: Current Account equilibrium is defined as CA = x₁YW + x₂Rm₁Y+ m₂R and Capital Account equilibrium as…

A: Balance of Payment function can be defined as - BOP = CA (Y, Yw , R ) + CP (i - iw )      [Implicit…

Q: The basic economic argument is that humans face the big problem of __________. That big problem…

A: Scarcity refers to the problem of limited resources available to the economy to produce goods and…

Q: 28-Which of the following is the best example of a natural monopoly? A) owning the only licensed…

A: A natural monopoly is a monopoly in which the main producer in an industry, generally the first…

Q: 2. Consider a society consisting with three individuals whose demand curves for a pure public good…

A: Pure public good refers to those goods which show that the goods are nonrival and nonexcludable.…

Q: QUESTION 2 Assume that a country is endowed with 30 units of oil reserve. (a) the marginal…

A: The marginal cost is the additional cost that is generated by selling given units of a commodity.…

Q: 1. Consider a two-person, two-commodity, pure exchange economy with: U =qh42, U, = 1922, 911 +9219,…

A: Given information U1=q11αq12U2=q21βq22q11+q21=q10q12+q22=q20

Q: a. Compute nominal GDP, real GDP, and the GDP deflator for each year, using 2016 as the base year.…

A: Year Price of Milk Quantity of Milk Price of Honey Quantity of Honey 2016 $1 100…