This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Two cities face identical prices for their housing. City A decided to be a pollution free city Clean ... (Read 80 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
on: Jul 1, 2018
Two cities face identical prices for their housing. City A decided to be a pollution free city Clean town and all the factories would locate in city B Smogville, in equilibrium, we expect to see
 a. a compensating differential between the prices of housing between the two cities
  b. the prices of housing in both the cities to be identical
 c. The prices of housing in B to be higher
 d. All of the above

Question 2

In an auction where the bidders values are 740, 700, 660, 650, 400, 325 and 300, the highest three bidders decide to form a bid-rigging cartel. What would the winning bid have been without the cartel?
 a. 741
  b. 701
  c. 661
  d. 631


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zenzy

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


tsand2

  • Member
  • Posts: 520
Reply 2 on: Jul 1, 2018
Gracias!

Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Devices used to deliver respiratory drugs: (b) nebulizer with face Devices used to deliver respiratory drugs: (b) nebulizer with face
Frederick Law Olmsted and Calvert Vaux, Central Park, New York City. Frederick Law Olmsted and Calvert Vaux, Central Park, New York City.
Jostle the thigh, tossing from side to side, hand to hand. Causes loose, free movement in the hip ... Jostle the thigh, tossing from side to side, hand to hand. Causes loose, free movement in the hip ...
Comparison of free energies of hydrolysis of thioesters and oxygen esters Comparison of free energies of hydrolysis of thioesters and oxygen esters
Water pollution types Water pollution types
1.6 Organisms are made up of cells, each of which contains an identical set of genes. 1.6 Organisms are made up of cells, each of which contains an identical set of genes.
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library