Describe economic factors that can influence government

Assignment Help Business Economics
Reference no: EM131194664

MICRO: PRODUCTION THEORY: Describe the economic factors that can influence the government choice between a general subsidy ( on all factors of production) and a specific subsidy (i.e. one factor of production) that involves the same level of expenditure.

Reference no: EM131194664

Questions Cloud

Educational achievement help to explain income inequality : "Does educational achievement help to explain income inequality?" Instructions: Explain the problem of topic to be researched. Mention the importance of your research as what it would contribute to the literature?
Discuss the essential strategies that wills should employ : Analyze the key reasons why Calvin should have a will, and discuss the essential strategies that he should employ in order to create one. Provide a rationale for your response.
Calculate descriptive statistics : Calculate descriptive statistics. Using the "split file function" compare groups by condition and gender. Run an analysis of the data sets descriptive statistics
Calculate the deadweight loss : Suppose the marginal social cost of providing health care to a person is given by the equation 20+4Q. An individual’s marginal benefit of health care is 300-Q. This individual has an insurance policy that stipulates that the person will pay 25% coins..
Describe economic factors that can influence government : Describe the economic factors that can influence the government choice between a general subsidy ( on all factors of production) and a specific subsidy (i.e. one factor of production) that involves the same level of expenditure.
How many fields does shuttle cover in blink of an eye : The Space Shuttle travels at a speed of about 7.02E+3 m/s. The blink of an astronaut's eye lasts about 101 ms. How many football fields (length = 91.4 m) does the Shuttle cover in the blink of an eye?
Give a well labeled diagram of the strain gauge : Examples of element characteristics:- Strain gauge. - Copper-constantant. thermocouple. - Accelerometer. - Give a well labeled diagram of the above.
Forgive the debt of under-developed nations : There are many who propose that the west should ‘forgive’ the debt of under-developed nations, including some celebrities, some politicians, and even some economists. Find at least one article that makes the argument that these debts should be forgiv..
Determine the range of values of the probability that sael : Determine the range of values of the probability that SAEL will exercise its option, making the decision found in part c as optimal, and determine the expected value of perfect information about whether SAEL will exercise its option.

Reviews

Write a Review

Business Economics Questions & Answers

  Nominal annual interest rate compounded monthly

A local department store offers 24-month financing for a certain $1,000 appliance at an “interest rate of 9% per year”. What is the effective annual interest rate a customer would actually pay for this financing? What is the nominal annual interest r..

  What is the actuarially fair price of insurance

What is the actuarially fair price of insurance? What price are individuals w/$5000 in the bank willing to pay for the insurance?3. Will those w/$5000 in the bank voluntarily purchase insurance?

  Compares the structure of harlem and the weary blues

Which statement best compares the structure of "Harlem" and "The Weary Blues"?

  Describe the heckscher-ohlin model

Describe the Heckscher-Ohlin model (also known as the factor endowment). How does it predict countries will emphasize their comparative advantage?

  Contractionary monetary policy

Contractionary monetary policy

  Opportunity cost of producing

Assume the U.S. currently grows 2.5 million tons of fresh winter fruit and that the resources absorbed in the production of this fruit could have produced 300,000 laptop computers. Therefore, the opportunity cost of producing 1 million ton of fresh w..

  Prices under third-degree price discrimination

You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1’s elasticity of demand is -6, while group 2’s is -3. Your marginal cost of producing the product is $70. Determine your optim..

  Should this firm exit the market in the long run

Suppose a firm is doing the best that it can and faces the following data: TR = 40, FC =20, VC =50. Should this firm exit the market immediatly? Explain. Should this firm exit the market in the long run? Explain

  Whether the set of propositions constitute deductively

“The new healthcare law will work only if congressional republicans don't obstruct its implementation. However, either congressional republicans will obstruct its implementation or they will let the U.S. Economy go into default.  Whether the set of p..

  Long term impacts of government fiscal contractions

Is there much research into the long term impacts of government fiscal contractions. I have heard about 2nd generation unemployed as a result of Thatcher's policies but that is very much anecdotal. What does the literature have to say on the matter?

  What happens to relative wage of skilled workers in country

Two countries, Canada and Japan, produce two goods, Phones (P ) and Phone Apps (A), using two factors, Skilled labor (S) and Unskilled labor (U). Phones are Skilled-labor intensive and Apps are Unskilled-labor intensive. Show how the PPF changes in e..

  How many employees should you hire

Based on information provided in my scenario, Illustrate what is value of marginal product. How many employees should you hire. Illustrate what wage should you set for your widget making employees.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd