Suppose you won $15 on a lotto ticket at the local 7-Eleven…

Suppose you won $15 on a lotto ticket at the local 7-Eleven and decided to spend all the winnings on candy bars and bags of peanuts. Candy bars cost $0.75 each while bags of peanuts cost $1.50 each. What is the opportunity cost of one more Bag of Peanuts? (Write your answer in numeric form no decimals for example 5)

There are two policy tools that can be used to fine tune the…

There are two policy tools that can be used to fine tune the economy and achieve macro economics goals of low inflation, low unemployment and economic growth.  These tools are entitled fiscal policy and monetary policy.  Mark all items that apply to fiscal policy.

The supply and demand conditions for a firm are given in tab…

The supply and demand conditions for a firm are given in table below.  Identify the equilibrium price after the social cost of production is included.  Enter your answer as a numeric value no dollar sign e.g. 600. Price Quantity Demanded Quantity Supplied before Considering Pollution Cost Quantity Supplied after Considering Pollution Cost $100 500 275 200 $200 475 300 225 $300 425 325 250 $400 400 350 275 $500 375 375 300 $600 325 400 325 $700 300 425 350