For a) water fluoridation and b) oral health education, how would each correct the externality of...
For a) water fluoridation and b) oral health education, how would each correct the externality of inadequate fluoride use? The question states that one affects a shift in the supply curve and the other the demand curve.
Homework Answers
Ans
On supply side I would make it compulsory to add enough fluoride to water.
On the demand side I will educate people about benefits of fluoride and motivate them to use only water and toothpastes which contain sufficient fluoride.
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For a) water fluoridation and b) oral health education, how
would each correct the externality of...
How would we incorporate the social benefits of a positive externality into a supply-and demand graph?...
How would we incorporate the social benefits of a positive externality into a supply-and demand graph? a. Subtracting the benefits from the demand curve b. Adding the benefits to the supply curve c. Subtracting the benefits from the supply curve d. Adding the benefits to the demand curve
Indicate how you think each of the following would shift demand in the indicated market: a....
Indicate how you think each of the following would shift demand in the indicated market: a. The incomes of buyers in the market for used Ford Fusions decreases. The demand curve would [ (Click to select) b. Buyers in the market for pizza read a study linking pepperoni consumption to weight gain. The demand curve would (Click to select) c. Buyers in the market for gas-powered cars learn of a decrease in the price of electric cars (a substitute for...
how would one payer health insurance influence the supply and demand on health care? b. what...
how would one payer health insurance influence the supply and demand on health care? b. what effects would this have on supply of test kits for corona virus?
5. How is each of the following events likely to shift the supply curve or the...
5. How is each of the following events likely to shift the supply curve or the demand curve for fast-food hamburgers in the United States? Make sure you indicate which curve (curves) is affected and if it shifts out or in. a. The price of beef triples. b. The price of chicken falls by half. c. The number of teenagers in the economy falls due to population aging. d. Mad cow discase, a rare but fatal medical condition caused by...
Indicate how you think each of the following would shift demand in the indicated market a....
Indicate how you think each of the following would shift demand in the indicated market a. The incomes of buyers in the market for used Ford Fusions decreases. The demand curve would shift to the left b. Buyers in the market for pizza read a study linking pepperoni consumption to weight gain. The demand curve woud The demand curve would shift to the leftf c. Buyers in the market for gas-powered cars learn of a decrease in the price of...
Select three Healthy People 2020 oral health objectives. For each one describe what data sources you would use to retrie...
Select three Healthy People 2020 oral health objectives. For each one describe what data sources you would use to retrieve existing data for your local area population. Retrieve data on each one, and share the results with your class.
this Question: 1 pt 38 of 79 (34 complete) Following below are four graphs and four market scenarios, each of...
this Question: 1 pt 38 of 79 (34 complete) Following below are four graphs and four market scenarios, each of which would cause either a movement along the supply curve for premium bottled water or a shift of the supply curve Match each scenario with the appropriate diagram a. A decrease in the supply of sports drinks 2 b. A drop in the average household income in the United States from $56,000 to 552.000 3 c. An Improvement in the...
Use the methodology of comparative statics with appropriately labeled supply/demand graphs to show how each of...
Use the methodology of comparative statics with appropriately labeled supply/demand graphs to show how each of the following events would affect the equilibrium price and quantity in the market for bottled water. Label the initial equilibrium price and quantity and the new equilibrium price and quantity (if possible) on your graphs. Draw one graph for part a, one for part b, one for part c and one for part d. If you shift a curve in any of your graphs,...
4. Suppose that the demand curve shifts to the right and the supply curve shifts to...
4. Suppose that the demand curve shifts to the right and the supply curve shifts to the left simultaneously (i.e., both shift at the same time). For each part, draw a single demand and supply graph (i.e., one graph for part a, another graph for part b). (You can practice with the other possibilities on your own if you want more practice with simultaneous shifts.) a. If the demand curve shifts by a greater amount than the supply curve, how...
I need parts D, E, F only! 1. Consider a firm that manufactures dyed textiles. The...
I need parts D, E, F only!
1. Consider a firm that manufactures dyed textiles. The firm incurs a marginal cost of MC 2Q Suppose that for every textile produced, there is an externality cost of 12 (from dyes being leaked into the water). So the true social marginal cost of widget production is MC = 2Q+12. Imagine that the (a) Assuming this is a perfectly competitive market, write out the equation for the firm's supply (b) Calculate the equilibrium...
Indicate how you think each of the following would shift demand in the indicated market: a. The incomes of buyers in the market for used Ford Fusions decreases. The demand curve would [ (Click to select) b. Buyers in the market for pizza read a study linking pepperoni consumption to weight gain. The demand curve would (Click to select) c. Buyers in the market for gas-powered cars learn of a decrease in the price of electric cars (a substitute for...
5. How is each of the following events likely to shift the supply curve or the demand curve for fast-food hamburgers in the United States? Make sure you indicate which curve (curves) is affected and if it shifts out or in. a. The price of beef triples. b. The price of chicken falls by half. c. The number of teenagers in the economy falls due to population aging. d. Mad cow discase, a rare but fatal medical condition caused by...
Indicate how you think each of the following would shift demand in the indicated market a. The incomes of buyers in the market for used Ford Fusions decreases. The demand curve would shift to the left b. Buyers in the market for pizza read a study linking pepperoni consumption to weight gain. The demand curve woud The demand curve would shift to the leftf c. Buyers in the market for gas-powered cars learn of a decrease in the price of...
this Question: 1 pt 38 of 79 (34 complete) Following below are four graphs and four market scenarios, each of which would cause either a movement along the supply curve for premium bottled water or a shift of the supply curve Match each scenario with the appropriate diagram a. A decrease in the supply of sports drinks 2 b. A drop in the average household income in the United States from $56,000 to 552.000 3 c. An Improvement in the...
4. Suppose that the demand curve shifts to the right and the supply curve shifts to the left simultaneously (i.e., both shift at the same time). For each part, draw a single demand and supply graph (i.e., one graph for part a, another graph for part b). (You can practice with the other possibilities on your own if you want more practice with simultaneous shifts.) a. If the demand curve shifts by a greater amount than the supply curve, how...
I need parts D, E, F only!
1. Consider a firm that manufactures dyed textiles. The firm incurs a marginal cost of MC 2Q Suppose that for every textile produced, there is an externality cost of 12 (from dyes being leaked into the water). So the true social marginal cost of widget production is MC = 2Q+12. Imagine that the (a) Assuming this is a perfectly competitive market, write out the equation for the firm's supply (b) Calculate the equilibrium...
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