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Arizona offers unique opportunities for direct democracy based on initiative power. The Arizona voters, for example, have recently rejected the Proposition 204 initiative that sought to convert a temporary sales tax that funded education into a permanent tax.
In a 500-750-word "Letter to the Editor," propose an initiative for an educational issue that you feel needs to be addressed. Include a plan about how this issue could become an initiative under Arizona law.
Your letter should be written to persuade others to agree with your position. Support your position with examples from case law, the U.S. Constitution, or other readings.
Compute the best response function of each firm in terms of prices. Compute the resulting equilibrium price quantity combination for each firm. Describe your answer with a suitable graph. Also calculate optimal profits of each firm.
your company manufactures a high-efficiency natural gas furnace. the current price is 2000 per unit. the price
An income elasticity (Ey) of 2.0 indicates that for a ____ increase in income, ____ will increase by ____.
What is the criterion for Pareto efficient production? What does that correspond to in the figure and What is the "production contract curve"? Draw an approximate production contract curve in the graph.
Describe your answer for each item below in complete sentences, whenever it is necessary - Describe and derive an expression for the marginal cost curve.
difference between profit maximisation and revenue maximisation for a monopoly
Explain the difference between fixed-production technology and variable-production technology. Should the government set a goal of reducing the marginal social cost of pollution to zero in industries with fixed-production technology Should they d..
When the late Francois Mitter and was the president of France, he instituted a number of programs designed to appeal to his “blue-collar” constituency. He raised the income tax rate applicable to the rich and expanded the free, government-provided so..
The crowding-in effect depends on the sensitivity of investment
A business cycle is the period of time in which ?
Give a brief summary of economic costs. In the short-run, why might a firm still operate even when there is a loss.
Suppose the government misjudges the natural rate of unemployment to be much lower than it actually is, and thus undertakes expansionary fiscal and monetary policies to try to achieve the lower rate.
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