3. Suppose that the inverse demand curve for paper is = 300 − 2, the private total cost is = 50 + 2 Cp = 50Q + Q2 . During the production of paper, pollution is generated and the total
external cost from pollution is = 0.52.
3.1 What is the unregulated competitive equilibrium?
3.2 What is the social optimum? What specific tax (per unit of output) results in the social optimum
if a perfectly competitive market exists?
3.3 Assume that a monopoly market structure exists. What is the unregulated monopoly
equilibrium? What specific tax (per unit of output) results in the social optimum?

On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan

One of the benefits of a well designed ergonomic work environment is low operating costs is true or false