answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: The determinants of optimal allocation of environmental regulation?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What is optimal reliability allocation in greedy approach?

both fesibility&objective


Perfectly competitive firm in long run equilibrium?

what about them? profits are 0 price=marginal cost all costs are variable optimal allocation of inputs is where marginal rate of technical substitution is equal to the price ratio of the inputs.


Do firms operate at optimal scale?

do firms operate at optimal scale


Why is it that firms can earn profits in the long run in monopoly and oligopoly but not in monopolistic competition and perfect competition?

Because monopolistically competitive firms have an optimal production allocation at monopoly values: marginal revenue = marginal cost, marking-up to the demand function. When competition is not perfect, marginal revenue does not equal demand but is always below it on a Cartesian plane, so the optimal production value of a monopolistically competitive firm is both less and at a higher price than a perfectly competitive one.


How does a free market ensure an effcient allocation of resources?

According two the first two fundamental theorems of welfare economics, if there exist a series of economic agents each with a set of initial resource allocations who are able to buy/sell and satisfy the weak axiom of revealed preference (WARP), then their optimal allocation is also Pareto efficient; and, if a Walrasian equilibrium solution to this market exists, it must also be Pareto efficient. Therefore, any market satisfying these mathematical properties possesses a price vector that will ensure Pareto efficiency.

Related questions

What is the meaning of optimal rate allocation in video transmission?

Theriyathu


What is optimal reliability allocation in greedy approach?

both fesibility&objective


What has the author R Mishra written?

R. Mishra has written: 'Saganvahalan' 'Allocation of optimal tolerances'


What has the author K M Leung written?

K. M. Leung has written: 'The optimal resources selection and allocation'


How are these curves used to determine the optimal allocation of resources to a particular product?

PIt usually distorts rational decision making


What is the most favourable environment for a plant or an animal called?

Optimal environmental conditions


How does advertising have a negative influence on society?

It usually distorts rational decision making and so results in sub-optimal allocation of resources.


What has the author Rolando A Danao written?

Rolando A. Danao has written: 'Optimal resource allocation' -- subject(s): Birth control, Finance


What has the author A Tavakoli written?

A. Tavakoli has written: 'The optimal allocation of water for rural and urban use in the Greater Tehran metropolitan area'


What has the author B F Rule written?

B. F. Rule has written: 'Optimal lecture room allocation by digital computer'


What does it mean for a trait to have low variance?

A trait that has low variance suggests that there is a high environmental variance. This means that the success of a trait is increased if people are raised in optimal environmental conditions.


Why is the testis located in the scrotum instead of in the abdominopelvic cavity?

Temperature regulation. Normal internal body temperature is slightly too warm for optimal sperm production.