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Voters in the State of California decide that the tobacco industry is having too great an impact on the outcome of local referenda limiting smoking in public places. To curb the influence of that powerful lobby, so that the fate of the legislation is more clearly reflective of the will of "the people," they pass a law prohibiting firms in the tobacco industry and tobacco industry associations from
(a) purchasing advertising related to smoking-related referenda, and
(b) making cash contributions to organization involved in campaigns related to antismoking legislation.
Several tobacco firms challenge the law. What is the constitution basis for their challenge? Why will they be likely to succeed or fail?
q.country economic analysis report country for indiacollect the following data for the most recent year available1
What is the relationship between a perfectly competitive firm's MRP curve for an input and that firm's demand curve for that input?
Which is a characteristic of the German health care system?
Trailer Company has asked its financial planning committee to analyze short- and longer-run pricing and production levels for the new hawk II trailer. What short-run price and output combination would be recommended if the committee decided that Skyh..
A study finds that leaf blowers make too much noise, so the government imposes a $10 tax on the sale of every unit to correct for the social cost of the noise pollution. The tax completely internalizes the externality. Before the corrective tax, Blow..
When price of gasoline increases significantly, why should the market price of small automobiles (e.g. Mini Cooper, Smart Car, etc.) also increase? In addition to showing the demand-supply graphs, also explain the reasons for any shift in supply and/..
Consider s market where there are many firms with different cost structures. If demand shift to the left (decreases), the last firm that entered____.
True/False questions: The Durbin-Watson (DW) statistic is used to detect first order-serial correlation. Positive lag 1 residual autocorrelation is associated with DW values greater than 2. Autocorrelation exists when successive observations over tim..
As an industry moves from being a monopoly to a monopolistically competitive one (due to entry of new competitors as monopoly's patents expire, for example), what happens to elasticity of demand curve facing firm.
John has two job offers when he graduates from college. John views the offers as identical, except for the salary terms. The first offer is at a fixed annual salary of $50,000. The second offer is at a fixed salary of $20,000 plus a possible bonus of..
Illustrate what is the profit maximizing price of carpets. Illustrate what is the profit maximizing price of carpets.
At the time, there were 180 million automobiles and 250 million people in the United States. Each vehicle was driven about 15,000 miles each year. What is the cost of saving each life?
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