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Assume the demand for gasoline is perfectly inelastic—i.e., the demand curve is vertical. If a tax is levied on the producers of gasoline, what percentage of the tax collection would be paid by the consumers of gasoline 0% or 100%? Explain.
What are the most likely reasons why so many U.S. firms offer subsidized private health insurance plans to their employees and the employees’ family members? What are most important advantages and disadvantages (for social efficiency) of having so ma..
Suppose there is a permanent increase in a country's saving rate. This increase in the saving rate will cause:
bank prime loan rate imports of goods amp per capita income.briefly explain why the three variables are appropriate
Illustrate would the gross receipts of strawberry growers be if the crop turned out to be 30,000 cases.
The Federal Reserve attempts to keep prices stable and unemployment low. Is there are a contradiction in these objectives? Describe the monetary policy tools that are available to the Federal Reserve to achieve these objectives.
Evaluate the price falls all of these firms will be unable to stay in business and the industry will disappear by using a graph.
q1. explain what does the axiom of strict convexity of involve about preferences? also clarify in words as well as
Firms often face the problem of allocating an input in fixed provide among different products.
Illustrate what makes measuring economies of localization or economies of urbanization difficult.
Explain would your answer differ if you and your rival were required to resubmit price quotes year after year and if, in any given year, there was a 50 percent chance that Toyota would discontinue the Highlander.
q.assume that py increases by 15 what percentage effect on quantity demanded of product x could be expected?compute the
Illustrate what role does weak financial regulation also supervision play in causing financial crises.
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