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Discuss the impact of COVID-19 in the Philippine
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- For persistent dumping to be successful, firms will maximize profits by Multiple Choice O O O charging a higher price in the more inelastic market. charging a higher price in the larger market. charging the same price in all markets. only selling in the more inelastic market.In this plot we model a possible scenario for Australia's energy market. On the horizontal axis we have the quantity of energy, and on the vertical axis its price. Pa Demand (private value) Pb Supply (private cost) Pc Social Value Social Cost ---- Qа Qb Qc If there were no externalities the welfare maximizing quantity would be [ Select ] , while [ [ Select ] v would reflect the true benefit and cost to society. However, this model describes the presence of a [ Select ] externality in [ Select ] Therefore, the welfare maximizing quantity is [Select] and the deadweight loss is [ Select ] If the externality was fully internalized through a corrective tax equal to [ Select ] then the new market price would be [ Select ] the new market quantity would be [ Select ] V and society's welfare would be [ Select ] v without the corrective tax.Consider a competitive market in which the MPB = 129-3q and the MSC =3q. In this market, however, there is a positive consumption externality of $50 per unit consumed. What is the efficient level of output in this market? [Round your answer to two decimal places when needed]
- Which of the following is true along SRPC1SRPC1?C = 100 + 0.75Y I = 25 Find Y* using the following approaches: i.Y=AE ii.Injection = Leakage Find the new equilibrium level of Y if I increased by 25Please give me accurate answer otherwise i give multiple downvote Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.
- Do you think that there are some industries worldwide disrupted by covid-19? Take example of any 2 industries which have positive impact and at 2 industries with negativeThe bluefin tuna is highly valued among sushi chefs and consumers. This tuna is unusual in that it is warm-blooded. The bluefin communities are off the east coast of the U.S. and the west coast of the U.K., France and Spain. Bluefin regularly commute across the Atlantic, roaming outside the 100-mile coastal zone controlled by the U.S. The bluefin population has been under tremendous pressure with a 60% decrease occurring between 2000 and 2009. The International Commission for the Conservation of the Atlantic Tuna (ICCAT) is responsible for conserving the bluefin. However, that group has never had any enforcement power, acting in mainly an advisory capacity. In 2009 ICCAT scientists recommended a catch quantity of zero. The Commission set a quota of 13,500 tons. The incentives to catch bluefin are very large. In January 2011 a 754-pound bluefin sold for almost $400,000. ($530 per pound). According to standard environmental economics, rational fishers will only continue to fish…onomics 1A Final OSA-1.pdf X + file:///C:/Users/Mpanza/Downloads/Economics 1A Final OSA-1.pdf Question 20 "It's hard for many of us to imagine a world without instant, limitless internet access. Some have even argued that it should, alongside access to clean water and electricity, be considered a basic human right”. The argument above infers that the income elasticity of demand for internet access is most likely to be... a) -5 b) -0.3 - + Automatic Zoom c) 0.18 d) 8 Question 21 The reason that Starlink is able to charge a lower monthly price for their internet service is, according to the extract...
- Figure HW12-1 represents the market demand and supply of paper that is produced by a paper mill. The raw chemical waste discharged into a nearby river by the paper mill causes health issues for local residents and negatively affects the community's ecological characteristics. pure HW 12 Pre $11 $9 $$ $5 $2 $1 $1 0 1 2 3 5 6 8 9 10 11 12 13 14 Quantity of Paper (in millions) Refer to Figure HW12-1. If the government regulates the paper mill to reduce its chemical waste, how many units of paper would be produced? What is the market equilibrium price? 5 million, $5. 7 million, $3.===>Please give me proper explanation Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.$100 Price 80 60 40 20 0 100 200 300 400 500 600. Quantity of Health Care Refer to the graph for the health care market. A health insurance plan that pays four-fifths of the cost of a consumer's health care leads to Multiple Choice S O overconsumption of health care by 300 units. overconsumption of health care by 600 units. D
