In an attempt to reduce poaching of elephant for their ivory…

In an attempt to reduce poaching of elephant for their ivory tusks, several years ago officials in Kenya burned illegally gathered ivory that they captured during an anti-poaching campaign. One intended (and actual) consequence was to deprive ivory buyers of illegally acquired ivory.   Using your understanding of supply and demand tools and the Economic Way of Thinking: a) identify what might be an unintended consequence that undermines the intended consequence. b) explain why that unintended consequence works against the intended consequence.

In 1976, Congress passed the Sports Broadcasting Act, which…

In 1976, Congress passed the Sports Broadcasting Act, which gave the NFL a limited exemption from antitrust law.  As part of that exemption, all new professional football franchises must be approved by the NFL.  What would you expect to happen to the number of teams and ticket prices if the NFL lost its monopoly? Explain your reasoning for both.

When is a pharmaceutical company more likely to spend $100 m…

When is a pharmaceutical company more likely to spend $100 million to research a new drug:  when it knows it will be able to charge different prices for the drug in different countries or when it knows that it will be required to charge the same price in all countries? Please be sure to explain your reasoning.

This is a multipart problem. Answer each part (A-C) in the i…

This is a multipart problem. Answer each part (A-C) in the individual spaces provided.   During the lab, paper chromatography was used to separate plant pigments. The results are shown below. (A.) (2 points) Which pigment has the greatest affinity for the paper, A, B, C, or D? Type only a capital letter for the pigment in the space provided.   Answer for Part A:   (B.) (2 points) Calculate the Rf value for the pigment labeled C. Round answer to 2 decimal places.   Answer for Part B:   (C.) (2 points) If another pigment, other than the ones present in this experiment, was present and had an Rf value of 0.56, where would this pigment be located on the chromatography paper relative to the others? Type only one capital letter that identifies the specific pigments in each space.   Answers for Part C: This other pigment would be located between Pigment and Pigment .