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In 1997 Canadian 2 X 4 lumber studs with two holes drilled in them (so that electricians could run wires) were categorized by customs agents as Category #4418 and free of any tar- iffs. If they had been categorized as #4407, they would have fallen under a quota system whereby only the first 14.7 billion board-feet of lumber Canada imports to the United States are duty free. The next 650 million are subject to a $50 export fee per 1,000 board-feet, and beyond that, a $100 fee. Roughly 15 billion board-feet of lumber is imported to the United States each year from Canada. If the Canadian 2 X 4 studs with holes are classified as #4407, this adds about $3,000 to the cost of a new home. Discuss the expected lobbying behavior of lawmakers from timber producing states (Montana and Alabama), the National Association of Homebuilders, and U.S. lumber companies (for instance, Georgia Pacific).
Ccompute the beta of the firm if the risk-free rate is 4%, and the market rate of return is 14 percent.
How large of a tax-induced value raise would it take to decrease cigarette consumption by 20%? And Find the factors responsible for difference in elasticity.
The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.
weston industrial manufacturing products wimp has the capability to produce a variety of industrial products including
industry paper as a partial requirement for this course you will have to submit a paper on an industry of your choice.
The following table shows information for a simple production function. From the data in the table, calculate marginal and average products.
Based on a recent article in The Wall Street Journal, side impact crashes are among the deadliest, accounting for nearly 10,000 deaths every year.
What are the advantages and disadvantages for a developing country of pursuing a policy of ISI?
question 1 economists have taken opposite stands on the effect advertising can have on the level of competition in a
a. pay and productivity there is significant disagreement whether a dependable positive correlation relationship exists
1.In what ways is a monopolistically competitive firm likely to be less efficient than one under perfect competition?
Business Week, in an article dealing with management, wrote, "When he took over furniture factory three years ago. Realized almost immediately that it was throwing away at least $100,000 a year worth of wood scrap.
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