Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The demand curve for gardeners is Ed = 39 - 2w, where E = the number of gardeners, and w = the hourly wage. The supply curve is Es= 4 + 3w.
a) Graph the demand and the supply curve.
b) What is the equilibrium wage and equilibrium number of gardeners hired?
c) Suppose the town government imposes a $3 per hour tax on all gardeners.
i. Draw the new (after-tax) demand curve in terms of the employee wage.
ii. What is the effect on the equilibrium wage and the equilibrium number of gardeners hired?
iii. How much does the gardener receive?
iv. How much does the customer pay?
v. How much does the government receive as tax revenue?
Explain the role of incentives in the market and discuss the government’s use of incentives.
Lehman Brothers, AIG, Fannie Mae, Freddie Mac and Washington Mutual. Explain the relationship between these companies. Explain in your own words what happened with these companies which caused an international financial crisis.
becky knauer recently resigned from her position as controller for shamalay automotive a small struggling foreign car
The purpose of graphs is to demonstrate the relationship between variables. If society is operating at a point inside its production possibilities curve, then some resources are not being fully utilized. A production possibilities curve shows all the..
during the recession in the early 1990s retailers observed that consumers were spending a lot more time searching for
Presume Barry is maximizing his utility from consuming utilized paperback novels and audio books. The price of a used novel is $19 and the price of an audio book is $3. If the marginal utility of the last novel was 195 units, what was the marginal ut..
Normal 0 false false false EN-US X-NONE X-NONE Compare and contrast the fo..
the president of eec recently called a meeting to announce that one of the firms largest suppliers of component parts
evaluate the approaches by company executives to align an organization for future growth and success. give your opinion
The Federal Reserve is in charge of handling monetary policy for the U.S. List and describe the tools the Federal Reserve would institute if it needed to slow down the economy because it believes that inflation is too high or that it will soon become..
1. which of these economic variables is procyclical and coincident?consumer spending stock pricesthe government bond
when the price of a good is 5 the quantity demanded is 100 units per month when the price is 7 the quantity demanded is
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd