area surrounding the factory. we can see this from the diagram below. When there is a negative production externality‚ the market overallocates resources to the production of the good and too much is produced with respect to the social optimum. This is shown by Qm>Qopt and MSC>MSB at the point of production. Whenever there is an externality‚ there is a welfare loss due to the wrong allocation of resources. In the diagram below‚ the area that is shaded represents the welfare loss. MSC>MSB
Premium Externality Market failure Pollution
P 3–4: Just One‚ Inc. Just One‚ Inc.‚ has two mutually exclusive investment projects‚ P and Q‚ shown below. Suppose the market interest rate is 10 percent. The ranking of projects differs‚ depending on the use of IRR or NPV measures. Which project should be selected? Why is the IRR ranking misleading? Using the IRR method will result in project Q being selected over P due to its higher rate of return. Using the NPV method would result in choosing project P because of its higher NPV.
Premium Net present value Rate of return Mortgage
Section A- P1 Verbal Communication Verbal communication is being able to speak to someone using your mouth. This could be on the phone‚ Skype or normal face-to-face conversations. Written Communication Written communication is being able to speak to someone via text message‚ fax or a social networking like Twitter and Facebook. On-screen Communication On-screen based communication is communication that is displayed on a screen. Screens cans include TV‚ computers‚ monitors‚ mobile phones‚
Premium Telephone Writing Advertising
School MSc Programmes International Business TITLE OF MODULE: Business Economics (N14B37) Title of Work: Does imposing a minimum wage necessarily improve either incomes or economic surplus for invdividuals who would otherwise have been paid below the minimum wage? NAME: Ivanov Ilia Student ID: 4212722 COPY: 1 Word count: 1472 Introduction Minimum wage is one of the most studied topics in economics (Stigler‚ 1946; S. Marginean and A. S. Chenic‚ 2013; R. Boadway and K. Cuff
Free Minimum wage
International Journal of Politics and Good Governance Volume 1‚ No. 1.3 Quarter III 2010 ISSN No. 0976 – 1195 CCL (CASH CREDIT LIMIT) FOR BPL (BELOW POVERTY LINE) AND APL (ABOVE POVERTY LINE) POPULATION: AN ALTERNATIVE TO UNIVERSAL PDS (PUBLIC DISTRIBUTION SYSTEM) IN INDIA Somesh Srivastava (Associate Professor of Economics‚ St. John’s College‚ Agra‚ India) Abstract The Government of India is making frantic efforts to tackle the food security issue. The country has more than 300 million
Premium Poverty Food World population
It has been suggested that “The Rime…” may be read as a religious text‚ presenting nothing less than the “fall of man”. Beginning with a consideration of the passage below‚ explain your response. There have been many interpretations of the Rime of the Ancient Mariner‚ such as the belief that inspiration for the poem was based on Coleridge’s belief that God is present everywhere in nature. Coleridge supports the idea of a religious text; “And I had done a hellish thing” as he describes the Mariner’s
Premium Religion Christianity Samuel Taylor Coleridge
INDIVIDUAL ASSIGNMENT Chapters 1‚2; due in week 3 Answer the questions below‚ typed‚ in proper English‚ with proper sentence structure. Submit your paper by email to the Assignment List in the Student Portal before the start of the week three class. There is no minimum word requirement; however‚ every response must be fully explained‚ be thorough‚ show critical thinking abilities‚ and show understanding of the legal and ethical issues in each scenario. Mr. Farmer is a national of the Banana
Premium Human rights Rights Law
lectures‚ write an essay to demonstrate your theoretical understanding and practical application of Marketing. Each student is to select one of the essay topics below and write an essay of 1500 words‚ to be submitted in Week 5. The essay must be referenced with relevant up-to-date sources. Choose one of the topics mentioned below: 1. Segmentation‚ targeting and positioning are interrelated activities which are important to achieving a successful Marketing Mix. Discuss these concepts in
Premium
Assignment 3 Complete five tables‚ covering the areas set out below‚ showing the sequence and rate of development for children and young people from birth to 19 years. You should produce separate tables for each area of development below. Physical Development |Age between: |Development. | |0 – 3 years |It is within this stage of a child’s life that the fastest physical development
Premium Emotion Developmental psychology Adolescence
Cambridge IELTS 6‚ page 98 The charts below give information about USA marriage and divorce rates between 1970 and 2000‚ and the marital status of adult Americans in two of the years. Summarise the information by selecting and reporting the main features‚ and make comparisons where relevant. Simple introduction: Paraphrase the question. Use “the first chart... the second chart” The first bar chart shows changes in the number of marriages and divorces in the USA‚ and the second chart shows
Free Marriage Divorce Alimony