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Congress is considering a tax credit program for those who purchase energy-efficient appliances. Proponents of the program have said that $400 million will be given directly to tax payers and argue that this will have an economic effect that is greater than the original $400 million spent because of the multiplier effect. Many voters and tax payers are not familiar with the concept of a multiplier in this sense.
Under what circumstances would a monopolistic firm be economically more efficient than a group of small, competitive firms If there are such monopolies, what are the drawbacks and how could they be corrected
Compute the total fixed costs, total variable costs, average fixed costs.
A firm has offices in London and New York. Fractional units of labor can be employed in each location (as part-timers can be hired) and the headquarters could be in either city.
Illustrate what is your rate of return for each alternative for four stock prices one year from now. Summarize your results in a table that shows the rate of return on investment for all three alternatives.
1 determine a new variable - inflation defined as the annual percentage increase in consumer prices.2 give a graphical
By how much would a proposed merger between the two smallest touch screen makers increase the Herfindahl index? Would the government be likely to challenge that proposed merger?
Why would a nation such as the United States, which can presumably produce everything it needs itself, choose to trade with other nations?
A. What is price discrimination Why do firms engage in price discrimination B. What conditions are necessary in order to engage in price discrimination C. What is the relationship between price discrimination and price elasticity of demand
The insurance company cannot determine whether ABC has instituted the program. However, it charges a deductible in the event of a re (i.e. ABC has to pay a certain amount to the insurance company if a reoccurs).
suppose that in a competitive market for electric power, demanded for power is given by the equation P=600-Q, and supply is given by the equation P=160+Q where P is price and Q is quantity of some good or service. Production of each unit of output..
Illustrate what would this typical basket have cost in the base year.
Describe situations and organizational variables that impact employee morale and explain, using examples, the impact of individual perception on morale.
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