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You are an assistant to a senator who chairs an ad hoc committee on reforming taxes on telecommunication services. Based on your research AT&T spends $15 million on related paper work and compliance costs. Depending on the locale, telecom taxes can amount to as such as 25 percent of a consumers phone bill. These high tax rates on telecom services have become quite controversial, due to the fact that deregulation of the telecom industry led to a highly competitive market. Your best estimates indicate that, based on the current tax rates, the monthly market demand for telecom services is given by Qd = 250 5P and the market supply, including taxes is Qs = 4P 110 (both in millions), where P is monthly price of telecom services. The senator is considering tax reform that would dramatically cut tax rates, leading to a supply function under the new tax policy Qs = 4.171P 110. How much money would a typical consumer save each month as a result of the proposed legislation
Why would you sell these items through retail stores, or would you try direct marketing.
The higher a country's tax rates, the more likely that country will be:
If the expected future exchange rate rises, the currency's
Give an example of how an organization may use household data and individual data as part of their CRM strategy. How would these data sets affect their marketing strategy?
What is the output level where marginal cost is at minimum? What is output level where average variable cost is a minimum? What is the value of average variable cost and marginal cost at the output specified in the answer to part b?
A company estimates its annual expenses, Y, in dollars from Y = 0.235X^2+7X+4 and annual revenue in dollars from 0.215X ^2+ 16X where X is annual units sold. Find the value of X that gives maximum profit. Round to nearest integer
An economy has a consumption function of C = 400 + .75(DI) The following values are fixed : G , T = 1000 NX = 50 I = 750 Suppose that the CPI ( i.e., the "Price Level") is currently equal to 115. What is the equilibrium real GDP (on the demand side)?
Illustrate what about burning all but one of his ships made to a utilize, powerful strategic commitment for Cortes in Mexico.
If the price level remains constant by Explain how more will real output increase.
Include an example in which the government has used either economic or social regulatory activities. Illustrate do you agree with this regulatory activity.
1. For each of the following economic conditions, place an X in the table to indicate theappropriate range in the Aggregate Supply Curve
Which one is more effective comparing with the tools of fiscal policy?
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