Assess this tax structure using diamond-merles production

Assignment Help Econometrics
Reference no: EM131223029

The value-added tax system requires all goods to be sold at a price that includes tax. Any firm purchasing a good to use as an input can reclaim the tax it has paid. Assess this tax structure using the Diamond-Merles Production Exigency Lemma.

Reference no: EM131223029

Questions Cloud

Determine the effective interest rate : Devon Harris Company sells 10% bonds having a maturity value of $2,741,000 for $2,543,396. The bonds are dated January 1, 2014, and mature January 1, 2019. Interest is payable annually on January 1. Determine the effective interest rate:
What is a practical defense against the worm you cited : 1. If you were a malware designer, would you rather use TCP or UDP to distribute a malicious payload and why? 2. Give an example of an Internet worm. What vulnerability does the worm you cited exploit? What were the attack effects of the worm you c..
Unrealized gain-loss are reflected on the balance sheet : If the company’s intention is to turn around the investment and generate a short term profit, then this is considered the asset is a srading Security and is reflected on the Income Statement; unrealized gain/loss are reflected on the Balance Sheet as..
Data integration-a case study : Companies integrated their data to gain business insights and eliminate risks. While individual databases can answer specific questions and show the state of a business unit, this is sometimes insufficient to make an enterprise-wide decision. The ..
Assess this tax structure using diamond-merles production : The value-added tax system requires all goods to be sold at a price that includes tax. Any firm purchasing a good to use as an input can reclaim the tax it has paid. Assess this tax structure using the Diamond-Merles Production Exigency Lemma.
Choosing a data integration type : In the Application Assignment in Unit 2, you created a database for your small retail store. Though business has been good, you decide to merge your company with another small store to lower prices and increase sales.
Can decisions be made without considering ethical issues : In your own mind, does ethics frame, shape, guide or serve as the baseline to good decision making? Can decisions be made without considering ethical issues? If so when and why?
Complete optimal solution to linear programming problem : Find the complete optimal solution to this linear programming problem. Graph to show each constraint and the feasible region. Provide graph on separate page. What is the optimal value of the objective function?
Identify the equivalence classes : Identify the equivalence classes in [X, Y]. (hints: Considering Z as a function F with X and Y input

Reviews

Write a Review

Econometrics Questions & Answers

  Find its range by solving for x as a function of y

Using (c), locate the coordinates of the turning point of the function.

  Determine what is the macrs-gds property class

A high-precision programmable router for shaping furniture components is purchased by Henderson for $190,000. It is expected to last 12 years. Calculate the depreciation deduction and book value for each year using MACRS-GDS allowances.

  What level of safety stock should be maintained

The purchasing manager for a firm is trying to determine what the safety stock should be for a particular product. She has developed the following table, which gives the distribution of demand during the lead-time and the probabilities.The carryin..

  How many footballs will bedemanded by consumers per day

Thereare large numbers of sports industries which are producingfootballs and they are competing with each other with respect toprice as well as quality. Suppose that the marginal cost ofproducing footballs is $20 per football

  Find a short run total cost curve of the firm

A firm has a production function f (k; l) = pkl. Suppose that in the short run the quantity of capital that the firm has to use is fixed at the level of 9 (and so k = 9), but when producing zero the firm can fully recover the cost of capital

  What is the outcome if the government provides to residents

Consider an economy with two separate regions: A and B. There are 100 million workers in total who supply their labor inelastically. The demand for labor (in millions) in region A is EA = ??100 - 15 wA and in region B it is EB= 100 - 15 wB.

  In which city is the hotel room cheaper

Suppose the Canadian dollar (C$) price of one British pound is C$2.12. A hotel room in London costs 120 pounds, while a similar hotel room in Toronto costs C$250. In which city is the hotel room cheaper, and by how much

  Determine how much is in the account after 5 years

You open a savings account to save for a new house. Everymonth you put $100 into a savings account which pays 5% interestcompounded monthly. At the end of each year you receive a $500bonus which you place directly into your "housefund".

  Compute interest which abc company received from investment

The ABC Company deposited $100 000 in a bank account on June 15 and withdrew a total of $115 000 exactly one year later. Compute: (a) the interest which the ABC Company received from the $100 000 investment, and (b) the annual interest rate which ..

  How many excess reserves does the bank hold

Suppose a bank's balance sheet looks as follows: Assets Liabilities Reserves $450 Deposits $5,000 And banks are required to hold equal to 10 percent of deposits. a. How many excess reserves does the bank hold

  What do such high returns imply about the market

what do such high returns imply about the market's expectations regarding the future profitability of U.S. firms?

  In what ways do each of us make similar choices each day

Remember that a good essay begins with an interesting introductory paragraph with a focusing thesis statement, then moves to body paragraphs that support the thesis using specific elements from the story (including commentary, analysis, reflection..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd