The pollution problems in an African village, in India, China, and New York City.

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Answer 1

Question

Chapter 16, Problem 1DQ

To determine

The pollution problems in an African village, in India, China, and New York City.

Expert Solution & Answer

Explanation of Solution

There will be a fragile balance with the surroundings of small villages in Africa so that it causes devastation of grass land as well as increase the invasion into desert. Generally, African small villages are most populated. Thus, it may adversely affect the water supply and increase the scarcity of water. In a country like India, the pollution problems are mostly visible on public health due to the sanitation and waste disposal. In most communist countries like China, the commitment to industrialization and absence of forums to express the real interests of people together will reduce the pollution from industrial waste. The major problems faced by the countries like New York City are population, extreme level of industrialization, and traffic. Even though, the country concerns about environment, such problems will lead to higher atmosphere pollution, noise pollution, and crowding.

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Please answer questions D-H, I have already answered A , B,C but it may help you to still solve them yourself. Thank you!

2. A firm’s production function is given by:Q = 10KLThe unit capital and labour costs are 2 and 1 pounds respectively. The firm is contracted to produce2000 units.(a) Write out the optimisation problem of the firm. (b) Express this problem using a Lagrangian function. (c) Find values of K and L which fulfil the contract with minimal cost to the firm. (d) Calculate the total cost to the firm.

3. Consider the following estimated regression equation, estimated using a sample of firms, where RDis total firm spending on research and development in USD ($), Revenue is total firm revenuein USD ($), and W ages is the firms’ total spending on wages in USD ($) (standard errors inparentheses):RDd = 1000(600)+ 0.5(0.1)Revenue + 1.5(0.5)W ages,(a) Interpret the coefficients on each of the explanatory variables. (b) Which of the three coefficients are statistically significant at the 5% level of significance? Howdo you know? A researcher runs a two-sided statistical test of the null hypothesis that both the coefficients onthe explanatory variables above are jointly equal to 0.25 (mathematically, that β1 = β2 = 0.25),and reports a p-value of 0.045.(c) What does this p-value mean for the outcome of the test? (d) What would an appropriate two-sided alternative hypothesis look like?

Answer 2

Question

Chapter 16, Problem 1DQ

To determine

The pollution problems in an African village, in India, China, and New York City.

Expert Solution & Answer

Explanation of Solution

There will be a fragile balance with the surroundings of small villages in Africa so that it causes devastation of grass land as well as increase the invasion into desert. Generally, African small villages are most populated. Thus, it may adversely affect the water supply and increase the scarcity of water. In a country like India, the pollution problems are mostly visible on public health due to the sanitation and waste disposal. In most communist countries like China, the commitment to industrialization and absence of forums to express the real interests of people together will reduce the pollution from industrial waste. The major problems faced by the countries like New York City are population, extreme level of industrialization, and traffic. Even though, the country concerns about environment, such problems will lead to higher atmosphere pollution, noise pollution, and crowding.

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Answer 3

Question

Chapter 16, Problem 1DQ

To determine

The pollution problems in an African village, in India, China, and New York City.

Expert Solution & Answer

Explanation of Solution

There will be a fragile balance with the surroundings of small villages in Africa so that it causes devastation of grass land as well as increase the invasion into desert. Generally, African small villages are most populated. Thus, it may adversely affect the water supply and increase the scarcity of water. In a country like India, the pollution problems are mostly visible on public health due to the sanitation and waste disposal. In most communist countries like China, the commitment to industrialization and absence of forums to express the real interests of people together will reduce the pollution from industrial waste. The major problems faced by the countries like New York City are population, extreme level of industrialization, and traffic. Even though, the country concerns about environment, such problems will lead to higher atmosphere pollution, noise pollution, and crowding.

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Answer 4

Question

Chapter 16, Problem 1DQ

To determine

The pollution problems in an African village, in India, China, and New York City.

Expert Solution & Answer

Explanation of Solution

There will be a fragile balance with the surroundings of small villages in Africa so that it causes devastation of grass land as well as increase the invasion into desert. Generally, African small villages are most populated. Thus, it may adversely affect the water supply and increase the scarcity of water. In a country like India, the pollution problems are mostly visible on public health due to the sanitation and waste disposal. In most communist countries like China, the commitment to industrialization and absence of forums to express the real interests of people together will reduce the pollution from industrial waste. The major problems faced by the countries like New York City are population, extreme level of industrialization, and traffic. Even though, the country concerns about environment, such problems will lead to higher atmosphere pollution, noise pollution, and crowding.

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Answer 5

Chapter 16, Problem 1DQ

To determine

The pollution problems in an African village, in India, China, and New York City.

Expert Solution & Answer

Explanation of Solution

There will be a fragile balance with the surroundings of small villages in Africa so that it causes devastation of grass land as well as increase the invasion into desert. Generally, African small villages are most populated. Thus, it may adversely affect the water supply and increase the scarcity of water. In a country like India, the pollution problems are mostly visible on public health due to the sanitation and waste disposal. In most communist countries like China, the commitment to industrialization and absence of forums to express the real interests of people together will reduce the pollution from industrial waste. The major problems faced by the countries like New York City are population, extreme level of industrialization, and traffic. Even though, the country concerns about environment, such problems will lead to higher atmosphere pollution, noise pollution, and crowding.

Answer 6

Chapter 16, Problem 1DQ

To determine

The pollution problems in an African village, in India, China, and New York City.

Expert Solution & Answer

Explanation of Solution

There will be a fragile balance with the surroundings of small villages in Africa so that it causes devastation of grass land as well as increase the invasion into desert. Generally, African small villages are most populated. Thus, it may adversely affect the water supply and increase the scarcity of water. In a country like India, the pollution problems are mostly visible on public health due to the sanitation and waste disposal. In most communist countries like China, the commitment to industrialization and absence of forums to express the real interests of people together will reduce the pollution from industrial waste. The major problems faced by the countries like New York City are population, extreme level of industrialization, and traffic. Even though, the country concerns about environment, such problems will lead to higher atmosphere pollution, noise pollution, and crowding.

Answer 7

Chapter 16, Problem 1DQ

To determine

The pollution problems in an African village, in India, China, and New York City.

Answer 8

Expert Solution & Answer

Explanation of Solution

There will be a fragile balance with the surroundings of small villages in Africa so that it causes devastation of grass land as well as increase the invasion into desert. Generally, African small villages are most populated. Thus, it may adversely affect the water supply and increase the scarcity of water. In a country like India, the pollution problems are mostly visible on public health due to the sanitation and waste disposal. In most communist countries like China, the commitment to industrialization and absence of forums to express the real interests of people together will reduce the pollution from industrial waste. The major problems faced by the countries like New York City are population, extreme level of industrialization, and traffic. Even though, the country concerns about environment, such problems will lead to higher atmosphere pollution, noise pollution, and crowding.