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If you could look at the all 12 tabs in the excel file and help with what you can I would appreciate it. It is short answers but if you pull a the info from a source to put the source link inside the tab as well.
Thank you very much in advance!!!
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Explanation & Answer
Please let me know if there is anything needs to be changed or added. I will be also appreciated that you can let me know if there is any problem or you have not received the work Good luck in your study and if you need any further help in your assignments, please let me know Can you please confirm if you have received the work? Once again, thanks for allowing me to help you R MESSAGE TO STUDYPOOL NO OUTLINE IS NEEDED AS IT IS A QUESTIONS
Q1. If a policy change causes a Pareto improvement, is the outcome necessarily Pareto
efficient? If a situation is Pareto efficient, are Pareto improvements possible? If a change
occurs that causes a Pareto efficient outcome, is the change necessarily a Pareto
improvement? Please explain.
A Pareto improvement should be possible yet Pareto efficiency may not be accomplished in the
meantime if assist improvement is conceivable.
Be that as it may, if Pareto efficiency is accomplished, Pareto improvement is unrealistic since it
is difficult to improve any one individual better off without making at least one individual worse
off. The circumstance is at optimal.
In the event that a change happens and it causes a Pareto effective pay, the change is not really a
Pareto improvement if the change improved one individual better off another person.
Q2. The price of wholesale milk dropped by 30.3%, when the Pennsylvania Milk
Marketing Board lowered the regulated price. The price to consumers fell by less than 30%
in Philadelphia. Why?
On the off chance that the price dropped by 30.3% after price decrease by the Board, sellers will
diminish the prices that the buyer pays by under 30% in various regions as they attempt to boost
the profits through price discrimination.
Q3. A maker of specialty soaps supplies a unique soap made from cactus extract to the only
two retailers in a small town. The producer sells the soap to the retailers at the marginal
cost of production of the soap, $1.00 per bar, and receives 20% of the profit earned when
the retailers sell the soap to customers. Would the producer prefer that the retailers
compete with each other on price or to specify the retail selling price of the soap to both
retailers?
As a sole maker of the one of a unique item, he is straightforwardly influenced by the prices the
retailers pitch to the consumers. Price competition between the two retailers will prompt
resulting price reduction since every retailer will be attempting to pull in a greater number of
clients than the other. As price goes down, the cost of production staying...