Discuss the impact of removing the subsidy and designation on economy? Explain how the concept of cost production ties into the recent growth in US oil even with the cost of drillers rising. Explain how government use of subsidies can be counterproductive. ...
答:Pigouvian Taxes and Pigouvian Subsidy: A tax designed to equal the marginal external cost of production of a commodity. It is added to the price, which measures only marginal private costs. The price plus tax now measures marginal social cost, thus internalizing the orgianl external cost. ...
This implies a significant increase in the computational cost compared to the non-rotating approximation. A representation of the six-branch resonant manifold for a test wave with coordinates (m, ω) is shown in Fig. 8, as the test wave is moved around the m–ω space. For ω ≫ ...
Explain production cost and scale. Describe cost of production. Explain each of the four assumptions of the production possibilities model. Define a production possibilities curve (PPC) and explain the factors that can shift the PPC outwards. Explain at what point in the production proces...
To ignore the cost of doing business and how it changes over time too narrowly defines "fundamentals." Statistical analyses that implicitly treat cost as non-fundamental will struggle to avoid circular logic and false conclusions about causality. Data on production costs are abundant and transparent....
For the Central European Countries (CECs), which have integrated with the European Union in 2004,1 the catching-up question is of central importance. In order to accelerate the convergence process, these countries have opened their doors to foreign capital. The Multinational Corporations (MNCs) hav...
Explain complex systems using visuals and simple terms. Whether you're preparing for a System Design Interview or you simply want to understand how systems work beneath the surface, we hope this repository will help you achieve that. Table of Contents ...
Conversely, Hayes (2017) claims that cryptocurrency is better thought of as a virtual commodity than virtual money and finds that the main determinant of its market price is its marginal cost of production, which in turn depends on electricity prices, mining efficiency, and mining difficulty. Liu...
1 0 TABLE ACCESS (FULL) OF 'TBILLLOG8' (Cost=2 Card=1 Bytes=402) Oracle 10g的执行计划,关键字换成了rows: 执行计划 --- Plan hash value: 2137789089 --- | Id | Operation | Name | Rows | Bytes | Cost (%CPU)| Time | ---...
What is the link between scarcity and opportunity cost? How did the scarcity and problems of choice get together? Is the scarcity of resources a myth? If so, why has that myth been perpetuated and what are the consequences? What is the term for a condition of limited resources, where soci...