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Consider a market with a demand curve of P=10-Q and a supply curve of P=Q. Before the imposition of a tax, equilibrium quantity is 5, and equilibrium price is $5 (verify this). If a tax of $5 per unit is placed on this market, quantity traded falls to 2.5 units. Calculate the deadweight loss created by the imposition of this tax?
Elucidate his production potential. In one person economy could this also be his budget line.
Your rich relative died and left you $100,000, which you decided to use for your own Internet business. What will be your fixed and variable costs? Briefly discuss.
PbP Company have pay $10,000 to disassemble and ship the furnace to the new owner. What is the net cash flow after tax as it will result from selling this furnace in the year 2012.
Yesterday, the current exchange rate was $ 1.05 Canadian per U. S. dollar and traders expected the exchange rate to remain unchanged for the next month. Today, with new information, traders now expect the exchange rate next month to fall to $ 1 Canad..
Agricultural markets are often cited as exhibiting the characteristics of the perfect competition market structure. Does farming fit this model?
illustrate what would you estimate the difference between the inflation rates of the U.S. also Japan.
Explain why does MySpace attract so many visitors. Why does MySpace attract so many visitors.
Explain how much additional profit do you earn using a two-part pricing strategy compared with charging this customer a every-unit price.
Relative to Tom, does Dick require more bananas, less bananas, or the same number of bananas to give away an apple.
The demand for MICHTEC's products is related to the state of the economy.
what happens to the amount of debt held by the public. What would happens to the level of gross debt.
Consider the community in which you live. What is your responsibility within your own community? Explain and provide examples of what you consider your responsibilities.
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