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- 1. Briefly explain what the term "agglomeration economies" refers to and briefly describe what the fundamental reason for the development of this particular type of economy relates to. Provide two examples of factors associated with agglomeration economies and identify what these factors help to explain. Identify two factors that would lead to diseconomies and briefly explain how the future of many of the world's cities will be likely be determined. 2. Describe the concept of diminishing returns in production. Explain why diminishing returns occurs."Explore the economic consequences of a significant increase in remote work and telecommuting on urban real estate markets. Assess the impacts on commercial property values, residential housing patterns, and public infrastructure investment, particularly in the context of agglomeration economies."K 49 Public Finance Edgeworth Box 2 person / 2 good economy Eve O' At "v", how many apples and figs do Adam and Eve consume? 昆达185152081414 呂洪澳Teadher,我束 困 的直播理。為貼雙! Adam Apples per year EIN 195152081501: BIMTeacher. HR 国關的直指世。為你貼號! Fig leaves per year
- Please ASAP. Please give a brief explanation. Thank you. Define the term “social capital.” Discuss the concept of social capital as it relates to the purpose and importance of the nonprofit sector.7. I The assigned New York Times and VOX articles summarize some of economists' feelings about the resiliency of cities in the face of COVID-19 and the growing acceptance of the work-from-home lifestyle. Please summarize these views. What are your thoughts? Will remote work doom cities or are agglomeration economies believed to be strong enough so that cities will retain their productivity advantage?I. Managing Scarcity: Fill-up and complete the table below. The first number is given as your guide. Scarce Resource That Key Use(s) of this Scarce Resource Substitute Resource(s) That May be Used Alternative Measures to Better Need to be Managed Managed the Resource 1) Fossil Fuels a) Transportation a) Biogas a) Energy-Saving Devices (crude oil, coal) (Power Booster) b) Manufacturing b) Solar Energy b) Daylight Saving Time Plants (DST) c) Energy-Saving Practices c) Electric Power c) Wind Power (Putting off lights when not needed or in use) 2) a) c) c) c) 3)
- Which government action would be taken ina command economy to address the problem of economic scarcity? O A. offering subsidies on agricultural commodities to decrease surpluses O B. rationing limited resources in order to meet the needs of the state O C. encouraging private investment in technology to increase production D. providing temporary unemployment benefits to encourage job training hp(a) Suppose that the 149 million square kilometers of land on the surface of the population of 7 billion people in late 2011 or early 2012. population of 7 billion people in late 2011 or early 2012. 4. According to the United Nations Population Fund (UNFPA), the world reached a (a) Suppose that the 149 million square kilometers of land on the surface of the earth was divided equally among this population, so that each person was allotted a square parcel of land How long would the sides of each square parcel be? (b) According to the United Nations Food and Agriculture Organization (FAO), only about 32% of the surface of the earth is considered arable and suitable for farming. If only the arable land was divided into equal square parcels among the population, how long would the sides of each square parcel be? (c) Express your answers to parts (a) and (b) in terms of some concrete unit of length. For instance, you might compare them to the height of the Empire State Building, the span of…5. What are the key assumptions required for instrumental variables to be a valid technique for addressing endogeneity?.
- "Discuss the direct and indirect effects of making public university education in the United States free for all families with less than $50,000 in saving"3. The company that you manage has already spent $8 million on developing a new product – awebsite that combines You Tube, Twitter, and Facebook – called You Twit Face. Thedevelopment is not quite finished. It will cost an extra $2 million to finish development andcomplete the product. Assume that this $2 million amount includes the explicit costs and anyopportunity cost that the company may have. At a recent meeting, your salespeople report thatthe expected sales of your new product (if you finish) are $6 million total. If you do not finishdeveloping the product you can sell the incomplete product to another company for $2 million. What is the MC of finishing the development? __________________ What is the MB of finishing the development? __________________ Should you finish the product? Why or why not? Use the idea of “thinking at the margin” toexplain your answer. Need details explanationCheck My Work The Widespread Reach of Economies. Explain why the science of economies is concermed with the activity of households and individuale at one emd of the scale and that of multinational corporations and governments at the other.