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

Author Question: Nick owns a dog whose barking annoys his neighbor Jane. Suppose that the benefit of owning the dog ... (Read 54 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
on: Jun 30, 2018
Nick owns a dog whose barking annoys his neighbor Jane. Suppose that the benefit of owning the dog is worth 700 to Nick, and that Jane bears a cost of 500 from the barking. Assume that the city has no ordinance against barking dogs. A possible private solution that would benefit both parties is for:
 a. There is no private solution that would improve this situation for both parties.
  b. Jane to pay Nick 650 to get rid of the dog.
 c. Jane to pay Nick 800 to get rid of the dog.
 d. Nick to pay Jane 600 for her inconvenience.

Question 2

In the light of the infant industry argument, identify the industry which is likely to have substantially high initial costs.
 a. Fashion designing
  b. Retail industry
  c. Iron and steel industry
  d. Dairy industry
  e. Software industry


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


biggirl4568

  • Member
  • Posts: 551
Reply 2 on: Jun 30, 2018
Gracias!

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Preschoolers benefit from helping with meal preparation, especially with foods they like Preschoolers benefit from helping with meal preparation, especially with foods they like
Older Adults Benefit from Good Nutrition and Physical Activity Older adults Older Adults Benefit from Good Nutrition and Physical Activity Older adults
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ... Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ...
Injuries That Benefit from Burn Center Care Injuries That Benefit from Burn Center Care
Prairie Dog Barking a Warning Prairie Dog Barking a Warning
Video: Factors that influence muscle tension - Sarcomere length and force, understretched and overstretched

For a complete list of videos, visit our video library