Public Sector Economics MEBIK
Replenishment date: 10.07.2017
Content: 3. Required tasks for students to complete Solution.rar (27.34 KB)
️Automatic issue of goods ✔️
️Automatic issue of goods ✔️
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Description
3. Compulsory tasks for students to complete the course
Public Sector Economics
The student is required to complete the following tasks for each section:
Section 1. Regulation of external effects. Shared Resources
Lakes are an attractive place for cottage construction. Suppose there are 100 cottages around the lake in a circle. Each of the owners has two neighbors - on the right and on the left. All the owners of the cottages and their households roast shish kebab on the lawn in front of the house and consume it in front of the neighbors. Everyone loves to eat their meat, but everyone gets very annoyed when the neighbors on the left also start frying and eating their meat. The behavior of the neighbors on the right does not bother anyone. In fact, for each family living in a cottage, the utility function is presented as, where C is the volume of own barbecue consumption per week, and L is the consumption of neighbors on the left per week. Please calculate the level of utility of each family with the consumption of 1 shish kebab per week
2. Is the total profit of the beekeeper and gardener equal if they act independently?
3. What is the socially efficient production of honey?
4. Find the equilibrium number of wells.
5. Let's assume that the state has nationalized this deposit and has optimized production. How many oil wells will be used in this case?
6. Determine the optimal value of the Pigou tax on the operation of one well in the case of independent actions of oil companies.
7. What will be the total profit of both stores in the absence of cooperation? (round your answer to whole numbers)
8. What profit will the stores get if they have one owner? (round your answer to whole numbers)
Section 2. Production and financing of public and club goods
Kolya and Lena are spouses and their life is boring. To brighten up boredom, and they are thinking about buying a TV. The value of the TV for Kolya is 20 thousand rubles, for Lena 30 thousand rubles.
What will be the payoff of Kolya and Lena if they each buy a personal TV set for themselves (first indicate Kolya's payoff, then Lena's payoff)?
What net gain will the city receive if it finances the maintenance of the Borodino park?
What should be the contribution of one "runner" to the financing of the maintenance of the park from the standpoint of the Lindahl equilibrium (the Lindahl principle suggests that the payment of each recipient of a public good should be proportional to the benefit received).
It has been calculated that if beer beer is banned from drinking beer in the park, then you can save 1000 rubles on its maintenance, but you will have to increase the cost of patrolling up to 300 rubles a day. What will be the net social benefit if the city implements the project "Prohibition of drinking beer in the park"
Determine the socially optimal amount of production of the public good.
Determine the total benefit of society from the production of a public good without taking into account the costs of producing a public good?
Suppose the production of a public good is financed by the government through fees. How much will the government set for each of consumer group A if it is guided by the Lindahl rule (i.e. proportional payment to the benefits received for a certain consumer group).
What will be the net gain to society from the production of the public good?
Section 3. Formation of a competitive environment. Antitrust policy
A monopolist owns 7 units of some good that cannot be stored and faces a linear demand function for it.
How much of the good in question will the monopolist sell if he can dispose of the remaining units of the good after the sale without cost?
How much of this good will the monopolist sell if he must dispose of all unsold goods and the cost of disposing of each unit of the good is 2
What recycling costs should be set for the state so that the monopolist does not throw anything away?
For some industry, the Herfindahl index is 0.19. Two firms, shares of sales
Public Sector Economics
The student is required to complete the following tasks for each section:
Section 1. Regulation of external effects. Shared Resources
Lakes are an attractive place for cottage construction. Suppose there are 100 cottages around the lake in a circle. Each of the owners has two neighbors - on the right and on the left. All the owners of the cottages and their households roast shish kebab on the lawn in front of the house and consume it in front of the neighbors. Everyone loves to eat their meat, but everyone gets very annoyed when the neighbors on the left also start frying and eating their meat. The behavior of the neighbors on the right does not bother anyone. In fact, for each family living in a cottage, the utility function is presented as, where C is the volume of own barbecue consumption per week, and L is the consumption of neighbors on the left per week. Please calculate the level of utility of each family with the consumption of 1 shish kebab per week
2. Is the total profit of the beekeeper and gardener equal if they act independently?
3. What is the socially efficient production of honey?
4. Find the equilibrium number of wells.
5. Let's assume that the state has nationalized this deposit and has optimized production. How many oil wells will be used in this case?
6. Determine the optimal value of the Pigou tax on the operation of one well in the case of independent actions of oil companies.
7. What will be the total profit of both stores in the absence of cooperation? (round your answer to whole numbers)
8. What profit will the stores get if they have one owner? (round your answer to whole numbers)
Section 2. Production and financing of public and club goods
Kolya and Lena are spouses and their life is boring. To brighten up boredom, and they are thinking about buying a TV. The value of the TV for Kolya is 20 thousand rubles, for Lena 30 thousand rubles.
What will be the payoff of Kolya and Lena if they each buy a personal TV set for themselves (first indicate Kolya's payoff, then Lena's payoff)?
What net gain will the city receive if it finances the maintenance of the Borodino park?
What should be the contribution of one "runner" to the financing of the maintenance of the park from the standpoint of the Lindahl equilibrium (the Lindahl principle suggests that the payment of each recipient of a public good should be proportional to the benefit received).
It has been calculated that if beer beer is banned from drinking beer in the park, then you can save 1000 rubles on its maintenance, but you will have to increase the cost of patrolling up to 300 rubles a day. What will be the net social benefit if the city implements the project "Prohibition of drinking beer in the park"
Determine the socially optimal amount of production of the public good.
Determine the total benefit of society from the production of a public good without taking into account the costs of producing a public good?
Suppose the production of a public good is financed by the government through fees. How much will the government set for each of consumer group A if it is guided by the Lindahl rule (i.e. proportional payment to the benefits received for a certain consumer group).
What will be the net gain to society from the production of the public good?
Section 3. Formation of a competitive environment. Antitrust policy
A monopolist owns 7 units of some good that cannot be stored and faces a linear demand function for it.
How much of the good in question will the monopolist sell if he can dispose of the remaining units of the good after the sale without cost?
How much of this good will the monopolist sell if he must dispose of all unsold goods and the cost of disposing of each unit of the good is 2
What recycling costs should be set for the state so that the monopolist does not throw anything away?
For some industry, the Herfindahl index is 0.19. Two firms, shares of sales