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Assume that, in a competitive market, long run supply and demand is more elastic than short run supply and demand. Suppose that the government imposes a transactions tax in this market. In the long run, the tax will collect [less/more] revenue and cause [less/more] efficiency loss, than it did in the short run.
q.russell owns 30 percent of the outstanding stock of thacker and has the ability to significantly influence the
Compute the range of demand for which each location has a cost advantage. Which plant location is best if demand is 30,000 units?
For theEssay, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course.
Does player 1 have a dominant policy also if so Illustrate what is it or does player 2 have a dominant policy also if so Illustrate what is it.
Export Development Canada (EDC) provides insurance to Canadian exporters for their accounts receivable from foreign buyers. If EDC charges an insurance premium that reflects the average level of risk of the exporting firms, it is only the most risky ..
Describe how McDonald's and Wal-Mart elucidate changes in the macroenvironment affect individual firms and industries through the microeconomic factors of demand.
q1. illustrate what is a random walk? explain how is halls random-walk model of consumption related to the life-cycle
Suppose you have a production technology that can be characterized by a learning curve. Every time you increase production by one unit
Use a .01 level of significance to test if there is a difference in the mean production of the three assembly lines. Develop a 99% confidence interval for the difference in the means between Line B and Line C.
q1. assume you are the chief economic advisor to the president of the united states and the president has asked you to
Country Z is a developing country that is facing problems of deforestation.
Based on costs and revenues above, which should you do. Elucidate and show any relevant calculations.
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