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What are vertical equity and horizontal equity?
Consider what is meant by the efficiency of a tax system?
What can make a tax system inefficient?
Explain the benefits principle and the ability-to-pay principle?
The average price of red stubble is about $8 per kilo also the fisher people's revenues for catching red stubble immediately cover their costs.
what is the optimal number of workers this firm will hire? what are profits at this number of workers? is the underlying total cost curve for this firm quadratic or cubic? explain?
Walmart is laying off cashiers, and increasingly adopting the policy where customers must use self checkout or pay a fee. Jason Clarke is the manager of a Walmart. There are 20 cashiers and 8 self-checkout stations in this store to serve 1000 custome..
Suppose the government intends the tax to reduce the consumption of some goods for example, cigarette or chewing gum. Illustrate what will determine the effectiveness of the tax in reducing consumption
President says that wages probably should be cut so that workers could not afford to miss so much work. Evaluate two views utilizing income and substitution effects in your analysis.
Are monopolies and oligopolies (firms demonstrating power) always bad for society? Be sure to provide real world examples of where this may be the case to strengthen your position in the google antirust case.
Over the past 5 days, the common stock of Tyler Mfg. had daily returns of 0.2, -0.1, -0.2, 0.3, and 0.1 percent, respectively. For the same 5 days, the market had daily returns of 0.0, 0.1, -0.3, 0.4, and 0.2 percent, respectively. What is the cumula..
Before entry, an incumbent earns a monopoly profit of Pm = 10 million. If entry occurs, the incumbent and an entrant each earn the duopoly profits Pd = 3 million. Suppose the incumbent can induce the government to require all firms to install polluti..
Consider a sample with mean of 30 and a standard deviation of 5. use chebyshev's theorem to determine the percentage of the data within each of the following ranges:
Select a consumer product or service you are familiar with and identify four possible market segments. Use the categories seen in class (geographic regions, demographics, psychographics and behavioral variables
Abdi’s incomes in periods 1 and 2 are $200 and $100 respectively. His preferences for consumption in the two periods are perfect complement. That is, for each dollar he spends in one period, he wants to spend the same amount in other period. What is ..
Currently, six sales associates live in Maine and conduct business in that state. They have lived in this state on the average of eight years. All products are shipped from the plant in Fulton to Maine. McCormick Manufacturing does not keep mercha..
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