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A tax imposed on the supplier of Blu Ray players shifts:
a. the demand curve for Blu Ray players to the left.
b. the supply curve for Blu Ray players to the left.
c. the demand curve for Blu Ray players to the right.
d. the supply curve for Blu Ray players to the right.
Which type of industries would make the most use of short-range forecasts? Which would make the most use of medium-range forecasts? Which would make the most use of long-range forecasts? Why?
Identify at least one important entrepreneur that you would consider an "entrepreneurial legend" and state why you consider the person to be (or have been) exemplary. You must also identify at least one economic decision made by this entrepreneur tha..
Market demand is given by P = 140 -Q. There are two firms, each with unit costs = $20. Firms can choose any quantity. Find the Cournot equilibrium and compare it to the monopoly outcome and to the perfectly competitive outcome. Why aren't the latter ..
Which of the following products and services are likely to encounter adverse selection problems: golf shirts at traveling pro tournaments, certified gemstones from Tiffany's graduation gift travel packages, or mail-order auto parts? Why or why not?
Draw a production possibilities frontier for the production of corn and steel, identifying the efficient points, feasible points, and infeasible points. Illustrate and explain increasing opportunity cost.
Explain which of the two classmates would you prefer as a partner. Would he also want you as a partner.
Does a lump sum tax cause the after tax consumption schedule to be flatter than the before tax consumption schedule.
Which of the following is TRUE of the European Union's cap-and-trade program?
International trade has pros and cons. Economists generally supports free trade. International trade has played a significant part in promoting economic development and technology transfer among countries. There are also various arguments in favour o..
Illustrate what is the euro-denominated return on Dutch deposits for this investor. What is the (riskless) euro-denominated return on British deposits for this investor using forward cover.
Five years ago, XYZ, Inc. installed production machinery at a cost of $25,000. At that time initial yearly costs were estimated at $1,250, in cr easing by $500 each year. The market value of this machinery each year would be 90% of the previous year’..
Write two paragraphs on the polices to reduce income inequality and poverty. Explain the content of these policies and make a comparative assessment.
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