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Q1. The "supply side" economics of the Regan administration (1981-1988) presumed that income tax cuts would stimulate incentives to work and thereby increases economic growth. Demonstrate this outcome with work-leisure diagram. What does this outcome assume about the relative sizes of the income and substitution effects? Explain "The predicted increase in work-incentives" associated with the supply-side tax cuts might in fact be more relevant for women than for men".
Q2. Discuss the principal-agent problem and some possible solutions.
Q3. Caught up in broad social and economic disaster that swept the Mediterranean basin during the twelfth century BCE, what seems to have happened to the civilization of people?
Dependency theory characterizes countries as being either in the center or on the periphery
If one defines incremental cost as the change in total cost resulting from a decision, and incremental revenue as the change in total revenue resulting from a decision, any business decision is profitable.
Suppose a firm pollutes a stream that has a recreational value only when pollution is below a certain level. If transaction costs are low.
Give an example of a government created monopoly. Is creating this monopoly necessarily bad public policy?
The quantity demanded of the resource in each year is given by the equation Qt = 10 - Pt . The marginal cost of extraction is zero.
Provide a rational for why you feel the new target market and pricing strategy would be successful and the likely impact to the profitability of the firm.
Find the equilibrium price and quantity algebraically. If tourists decide they do not really like T-shirts that much, which of the following might be the new demand curve.
If income rises from 1000 to 1800 and consumption rises from 1100 to 1700 the marginal propensity to save.
The fact that a percentage of the interest income paid by one corporation is excluded from taxable income has encouraged firms to use more debt financing relative to equity financing.
If typographical errors occur andomly, about how many pagesin book have three typographical errors. What is the median number of typographical errors per page.
Calculate price, quantity and social surplus for the initial state and each policy.
Advertising is powerfull strategy to make people aware about company products and services and for this case is to emphasize reliability and low price, this effort will help the company to sustain in this area and to develop a customer franchise a..
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