A factory is situated next to a dormitory for nurses who work night shifts. The factory produces 120 units of humanoid robots a day. The production process is rather noisy, and the nurses often complain that their sleep is disturbed. The following graph depicts the MPC and MSC of the robot factory production. The robot market is competitive and the market price is $340. Based on this information, which one of the following statements is correct?

In Guadeloupe and Martinique, the use of pesticide chlordecone on banana plantations led to devastation of fishing communities downstream. Which of the following are possible solutions?

Read the following statements about Pigouvian taxation and select the correct option(s).

In Guadeloupe and Martinique, the use of pesticide chlordecone on banana plantations led to devastation of fishing communities downstream. Which of the following statements is correct?

Julia had to borrow $2000 at a rate of 12% for one year to

buy a new car.  She heard that the

Reserve Bank may decrease the interest rate, so the rate on her loan would

decrease to 10%.

If her degree of impatience (ρ) is 0.12, can

Julia consume more or less when the interest rate decreases to 10%?  Answer 1 for more and 2 for less.

Marco’s

aunt is retiring.  To manage her income,

she purchased an annuity that pays her $2000 every year for the next three

years.  What is the fair price of this

annuity if the interest rate is 10%?

Julia had to borrow $2000 at a rate of 12% for one year to

buy a new car.  She heard that the

Reserve Bank may decrease the interest rate, so the rate on her loan would

decrease to 10%.

If her degree of impatience (ρ) is 0.12, can

Julia consume more or less when the interest rate decreases to 10%?  Answer 1 for yes and 2 for no.

Julia had to borrow $2000 at a rate of 12% for one year to

buy a new car.  She heard that the

Reserve Bank may decrease the interest rate, so the rate on her loan would

decrease to 10%.

Julia had to borrow $2000 at a rate of 12% for one year to

buy a new car.  She heard that the

Reserve Bank may decrease the interest rate, so the rate on her loan would

decrease to 10%.

How much does she have to repay at the end of

the year at the rate of 12%?

Marco

invests $100 in a great venture that delivers a return of 60% per year.  The catch is that he must commit to a three-year

investment.  Compute Marco’s net return

after three years.