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Arguments against in-kind transfers do not include which of the following? A. In-kind transfers provide only a minimal level of the goods and services to the recipients. B. In-kind transfer programs require duplicative and costly administration. C. In-kind transfers are paternalistic and limit consumer sovereignty. D. In-kind transfers exacerbate consumption distortions through rules that favor certain expenditures over others.
Entrepreneurship has become the new way of doing business in our world. With economies in decline and organizations downsizing and the lack of opportunities that satisfy, entrepreneurship has been born.
Given the option to work for a company in a particular market, would you choose to work for a Western Multi-National Enterprise (MNE) such as IBM, moving into a developing country such as India, or would you choose to work for a company from an emerg..
For the closed-economy, one-period model, suppose that U(C,I) = In C + βl, and F(K,N)= ZK^(a)N^(1-a), where β>0 and 0
prepare a table that compares and contrasts the various characteristics of the 4 market structures to include in your paper. column headings include
Adopting NPV>0 projects is in the set of things that we know matter. Give a careful explanation as to why adopting NPV>0 projects is consistent with the goal of the firm.
Suppose that the inverse demand curve is: p(q) = a − bq, and the cost function is: c(q) = cq. (a) Draw a graph showing the demand curve and marginal cost curve, with dollars on the y-axis and quantity on the x-axis. How much consumer surplus is gener..
Consider the two good utility function: U(x,y) = y\sqrt{}x . Does this consumer believe that more-is-better for good X? Does this consumer believe that more-is-better for good Y? Does this consumer’s preferences exhibit diminishing marginal utility o..
Illustrate what can the marketing director do to increase the explanatory power of a trade's equation.
First suppose that there is no tax in the country Randland. A resident, Dagny, has an hourly wage of $50. How is it possible for Dagny to increase her hours worked after a tax? Graph the labor supply decision for Dagny on a daily income-leisure graph..
The local government does not directly charge their residents for collecting garbage. However, the city faces increasing marginal costs of MC=1+0.7Q per ton. Residents' market benefit for garbage is MB=250-1.4Q per ton. What are the total costs to th..
Do Bill Easterly and Jeff Sachs agree or disagree over the impact of imperialism and colonialism in the past on the situation in poor countries today? Be sure to explain both positions. Which position is more persuasive? Why? Explain.
What is the annual worth of a machine that has a first cost of $10,000, a useful life of 10 years, an annual operating cost of $5,000 per year, and a salvage value of $2,000 at an interest rate of 10% per year?
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