Kurt'skurt's muffinmuffin and newspapersnewspapers budget is $4949 a week. the price of a muffinmuffin is $77 and the price of a newspapernewspaper is $77. draw kurt's kurt's budget line and label it. other things remaining the same, if the price of a muffinmuffin risesrises, kurt'skurt's budget line other things remaining the same, if kurt'skurt's budget for muffins muffins and newspapers newspapers decreasesdecreases, hishis budget line a. rotates outwardrotates outward; shifts inwardshifts inward b. does not change; does not change c. rotates outwardrotates outward; shifts outwardshifts outward d. rotates inwardrotates inward; shifts outwardshifts outward e. rotates inwardrotates inward; shifts inward

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Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i. e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i. e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process. b)consumers have the right to clean air; consumers are dominant in the bargaining process. c)firm has the right to pollute; firm is dominant in the bargaining process. d)firm has the right to pollute; consumers are dominant in the bargaining proces

In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5