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1. The Department of Revenue estimates that the special tax dedicated to funding Director’s Initiative for 2014 will be $35 million. Guided by purely economic effectiveness concepts, which project(s) should the Director select and why? (The Director cannot spend more than the annual tax revenue; however, leftover funds can be carried over to the next year.)
2. Will your answer to the question above change if the tax revenues were to be $70 million? Why?
3. Will your answer to the question above change if the tax revenues were to be $120 million? Why?
1. construct a numerical example to show that as marginal product mp rises marginal cost mc falls. explain your answer
no risk truck company is a leading manufacturer of heavy and medium duty contractor and construction trucks. the
For a closed economy, gdp is $11 trillion, consumption is $7 trillion, taxes are $3 trillion and the government runs a surplus of $1 trillion. What are private savings and national savings?
What market structure will Katrina's Candies operate if the above condition prevails?
A company wants to prepare the demand curve for its product that it is selling. How would it get the information to prepare the schedule? How could a company prepare the demand curve for the new product that has not been seen by the public?
The Kingdom of the North and the Iron Islands produce 2 goods
Pricing and price competition account for the number one problem facing many marketing executives. What are some of the frequent problems that companies encounter?
consider two firms facing the market demand curve p 100 - q where p is in unit q is total output q q1 q2 q1 is the
looking at the chart below suggest the kinds of variables that could be used to represent the following factors which
1. Engineers at a national research laboratory built a prototype automobile that could be driven 180 miles on a single gallon of gasoline. They estimated that in mass production the car would cost $40,000 per unit to build. The engineers argue..
Explain the impact of external costs and external benefits on resource allocation; Why are public goods not produced in sufficient quantities by private markets? Which of the following are examples of public goods (or services)? Delete the incorrec..
at a recent meeting the president and the ceo of production inc. got into a heated argument about whether or not to
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