Externalities Command-and-Control Policies: Regulation Can regulate by making behaviors required or forbidden Ex: crime to dump poisonous chemicals into the water supply Ex: can dictate max level of pollution that factory may emit Market-Based Policy 1: Corrective Taxes and Subsidies Can use market-based policies to align private incentives with social efficiency Gov’t can internalize externality by taxing activities that have negative externalities & subsidizing activities that have positive externalities
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1. Q: In what ways have our historic roots affected the manner in which criminal investigations are conducted in the United States today? A: The organizational structure of the Pinkerton National Detective Agency‚ found in 1850 by Allan Pinkerton and the first of its kind in the US‚ was later adopted by the FBI. As with the Pinkerton Agency‚ the FBI began to take on cases that local law enforcement were too limited in resources to handle on their own. In addition‚ Pinkerton created what was
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Microeconomics study guide Chapter 6 Notes: Firms and Production A firm converts inputs into outputs What firms want: 1. Profit : π = R - C 2. efficient production to maximize π -efficient production alone is not sufficient to ensure a firm’s π is maximized How they are organized 1. information exchange 2. incentives for workers Production Function q = f(L‚K) relationship b/w quantities of inputs used & max quantity of output that can be produced given current knowledge about
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Zinn Chapter 1- Study questions 1. Howard Zinn explains that his purpose as a historian and his purpose for writing A People’s History of the United States‚ is to tell history from the view points of the forgotten members of history‚ such as the Cubans during the Spanish-American War. 2. Zinn’s thesis for pages 1-11 talks about how history only tells itself from the viewpoint of the rulers and victors. Zinn’s goal is to tell about history from the viewpoint of the victims‚ such as the fate of the
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Dill came up every summer. Jem‚ Scout and Dill spent most of the summer trying to learn more about the Radley’s. Boo Radley never comes out of his home and the children are determined to try and get him out. Dill dares Jem to touch the porch. Jem finally gives in and when he touches the porch Scout sees movement in the house. When September comes Dill goes back to Meridian‚ and Scout begins to look forward to starting first grade. Jem tries to warn his sister that school and home are two completely
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One historian has remarked that Bacon’s Rebellion was “a rebellion with abundant causes but without a cause.” Do you agree? What were the causes of Bacon’s Rebellion? Did Nathaniel Bacon have a cause? Did William Berkeley? In 1676‚ Nathaniel Bacon marched into Jamestown‚ Virginia alongside 600 men ready to fight‚ demanding a military commission. After threatening William Berkeley‚ the Governor of Virginia and Nathaniel’s own cousin‚ Bacon was given a military commission. “In the following months
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WHAT IS ECONOMICS (Chapter 1) DEFINITION OF ECONOMICS * Scarcity: Limited resourcesTime‚ money. * Inability to satisfy all of our wants * Faced with scarcity we must choose among available alternatives * Trade offs * Incentive: Reward that encourages and action or penalty that discourages * Microeconomics: Choices of: * Individuals * Businesses * The way these choices interact in markets and the influence of the government * Macroeconomics: * Study of
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breeding poultry. Maximum annual output options | Quantity of Corn(pounds) | Quantity of Poultry(pounds) | 1 | 1200 | 0 | 2 | 1000 | 300 | 3 | 800 | 500 | 4 | 600 | 600 | 5 | 400 | 700 | 6 | 200 | 775 | 7 | 0 | 850 | 1. Draw a production possibility frontier with corn on the horizontal axis and poultry on the vertical axis illustrating these options‚ showing points 1–7. 2. Can St. Atanagio produce 650 pounds of poultry and 650 pounds of corn? Explain. Where would this point
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The Call of the Wild Questions: Chapters 1 & 2 Chapter 1 1. Buck is four human years old. 2. Buck’s life on the farm in Santa Clara Valley was pleasurable and abundant. On the farm‚ the hierarchy consisted of Buck as the aristocrat and then all of the other kennel and house dogs. Buck treated men he knew with trust and respect. 3. When Buck got to Seattle‚ Buck reacted violently towards all the men‚ who were trying to lead him out of the crate. Buck was very angry that the men put a rope around
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Homework week 1 advanced Linux Page 556 chapter 13 questions 1-6 Why would you use http or ftp instead of bit torrent for downloading large files? == you would use ftp because it does not have client authorization needed‚ and you would use http because it connects directly to a server to download when with bit torrent uses more TCP connections which can be blocked by firewalls.. Which command would you give to update all installed packages using yum? == yum update but if you are using older
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