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Suppose the government of Washington is considering the addition of a new tax on rms. You have been called in to provide expert analysis on how such a tax would eect employment of labor. There are 3 proposals the government is considering:
1. A tax on every hour an employee works (e.g., \X" cents per hour).
2. A tax on some percentage of the value of the rm's buildings, land, and machinery (e.g., \Y" percent of the total property value).
3. A tax on every unit of output a rm produces (e.g., \Z" cents per unit of output).
While all the plans have the potential to reduce employment opportunities, which plan would probably have the most favorable impact on employment of labor? Briefly explain your reasoning.
Provide some examples of discrete and continuous variables. What attributes of these variables make them discrete and continuous? Why?
q1. your cousin zenzo owns a painting company with fixed costs of p200 and the following schedule for variable
What were there reason why IMB lost it advange over the computer world.
The federal government and the state governments constitute the U.S. legal system. This system is based on the legal system of
Illustrate how fast will his production and consumption grow over time. Compute the consumption of the farmer in each of the first five years under plans.
A company has to decide weather to lease or buy a crane for 20 Years, please calculate both seperatly and show which one is the better option.
Why does the percentage gain in earnings observed when worker gets one more year of schooling measure the marginal rate of return education?
Suppose two firms sell an homogeneous product; they compete in prices. Their respective marginal costs are MC1 (q) = 10 and MC2 (q) = 20. Find the prices that form equilibrium (for simplicity and reality, assume that prices are quoted in units no sma..
q1. p320-.04q with quantity q measured in thousands of barrels per day and price p measured in dollars per barrel. the
Illustrate what philosophical principle did Google's managers adopt when deciding that the benefits of operating in China outweighed the costs.
Assume that over a range of prices, the price elasticity of demand varies, total revenue curve over these two ranges of the demand curve as price fall.
The demand for a good is P=200-5Q. The supply is P=50+10Q. What is the equilibrium price and quantity? (Make sure you show all your work)
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