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Discuss one recent price change that you have noticed while visiting your local supermarket. Speculate on whether or not the price change that you identified was a result of a change in either supply or demand. Provide a rationale for your response.
A traffic light is set to switch from red to green according to a uniform distribution with a mean of 45 seconds. The difference between the smallest and largest number of seconds it takes the light to switch is 8 seconds. what is the median number o..
Regional and local tax strategy drives supply chain in regards to property, value-added, inventory and income taxes. Property tax incentives and holidays attract firms to build manufacturing plants, distribution centers, and any type of business in t..
The described excise tax is imposed on producers of whiskey: this implies that the suppliers in this market incur 100% of the tax nominally. In terms of economic incidence, what percentage of the tax is actually borne by suppliers
a) Suppose P = 100 – q, Cost = 20q, and the resource constraint is Q = 80. Find the optimal allocation over two periods. What is the value of the resource? Suppose I impose a tax of 10$ per unit extracted. What happens to the allocation in (a)
Give me examples from your work experiences how would diminishing returns set in a business due to limited equipment, limited space, bureaucracy, management complexities etc. increases cost per unit as businesses expand? Do you think that even increa..
If Yucatan produces 150 pounds of food per month, how much sunscreen must it produce if it achieves production efficiency? What is Yucatan's opportunity cost of producing 1 pound of food?
Calculate the two error measures that you used in other model analysis and comment on the acceptability of the size of the measure.
create a demand schedule and a supply schedule for your product.using these schedules draw a demand curve and a supply
What is the principal-agent problem? When will the principal-agent problem be most severe? Why might there be a principal-agent problem between the stockholder-owners and the managers of a large corporation?
Evaluating the role of governments in assuring that developing countries obtain a fair and adequate share of the benefits of international grade.
Explore the assumptions underlying price elasticity of demand and apply them to the above set of circumstances. do you believe the computation of elasticity is an indicator price sensitivity? explain.
What are the US tax consequences of Greg contributing the $50,000 for all the stock, The bank loan, The ordinary losse for the two years, Ex-wofe receiving half the stock and The ordinary income from 2015.
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