Microeconomics (Christopher T.S. Ragan) (z-lib.org)

The developing countries respond by pointing out that the vast majority of the greenhouse gases emitted over the past century ha ...

11. 1 Imperfect Competition In developed economies such as Canada, the United States, France, Germany, and Australia, most firms ...

most countries, including Canada, are considering implementing over the near future to achieve these targets. Climate change is ...

individual firms that produce more-or-less identical products and are price takers. Forest and fish products, agricultural produ ...

As we saw earlier in this chapter, two policies would place a price on GHG emissions: an emissions tax and a cap-and-trade syste ...

industry where a single firm dominates the market. However, these are typically owned by provincial governments. Local telephone ...

the producers of cleaner energy would be able to enter the market and compete. Public Support for Technology The second element ...

Figure 11-1 Concentration Ratios in Selected Canadian Manufacturing Industries An industry with a small number of relatively lar ...

On several occasions over the past two decades, the Canadian federal government started and then halted the development of a cli ...

Concentration ratios vary greatly among manufacturing industries. These data show the share of total annual sales (in dollar ter ...

Alberta introduced an economy-wide carbon tax in 2017, which is currently at $30 per tonne of and scheduled for gradual annual i ...

industry into a series of regional markets, with each having relatively few firms. On the other hand, the market may be larger t ...

Summary It is essential that we recognize the likely impact of the ongoing process of climate change. It is just as important to ...

Defining Imperfect Competition The market structures we are now going to study are called imperfectly competitive. The word comp ...

Summary ...

If a new farmer enters the wheat industry, the full range of products that the farmer can produce is already in existence. In co ...

17.1 The Economic Rationale for Reducing Pollution LO 1 Pollution is a negative externality. Polluting firms and households goin ...

What is true for cars and TVs is true for virtually all consumer goods. Any one manufacturer will typically have several product ...

17.2 Pollution-Reduction Policies LO 2, 3 Direct regulatory controls are often inefficient because they require that all pollute ...

holding prices constant. Only after changes in demand are expected to persist will firms adjust their entire list of prices. The ...