At friendly financial consulting, wayne thurston is allowed to choose what time he starts his workday, and can come to work any time from 7: 00

a. m. until 10: 00

a. m. he must be on the job from 10: 00

a. m. to noon and from 1: 00 p. m. until 3: 00 p. m. he also must work a total of 8 hours a day, so the earlier he arrives, the earlier he can leave. wayne works under a system of:

What other aspects of ecuadorian culture, other than its predominant religion and language, might affect that country’s culture?

Which of the following is the least risky? collectables stock savings bond savings account

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.