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1. Draw a monopoly graph and indicate the level of a price ceiling that would decrease the quantity of output to a level below the monopoly level of output
2. If you had $10,000 to invest in an alternative fuel, which one would you pick? Explain your answer.
Search the Internet for export and import data since 2008 for developed nations. By how much have the values of these exports and imports increased or decreased since 2008? Explain if the changes in the values reflect the trade feedback effect.
Suppose that interest rates are 6 percent in the economy and a safe bond promises to pay $3 per year in interest forever. Interest rates suddenly fall to 3 percent. What will happen to the price of the bond that pays $3 per year
Under what conditions might the removal of all tariffs and other impediments to trade work to the best advantage of developing countries? Explain.
Consider the following information about the market for Bayer Heroin-Hydrochloride: P = 10.525 - 0.1QD P= 3.25+1.4QS a. What is the equilibrium market price for heroin b. What quantity of heroin is sold at market price What quantity is demanded
Sam is subject to a 40 percent tax on income, and her after-tax income is 90,000. Now suppose the government permits her to deduct her contributions (to oscar0 from her income before the 40 percent tax rate is applied. How will this deduction affe..
For the linear demand function x = a - bp calculate the deadweight loss of introducing a commodity tax t when the marginal cost of production is constant at c. How is the deadweight loss affected by changes in a and b? How does a change in b affec..
How does Diversity Management and Affirmative action prevent discrimination and support the overall organizational competiveness?
Nurcombe and Fitzhenry-Coor (1979) have argued that training in diagnostic tech- niques should lead a clinician to generate and test more hypotheses in coming to a deci- sion about a case.
An aluminum cable of 6 mm diameter is suspended from a high-altitude balloon. The density of aluminum is 2700 kg/m3, and its breaking stress is 390 MPa. Determine the largest length of cable that can be suspended without breaking.
A family wants to start an education account in 2010 (1st payment at year end 2010) by making equal annual payments in constant 2010 dollars until the time of the last tuition payment. Calculate the equal annual constant 2010 dollar payment.
Is it legitimate to impose higher safety standards on imported goods than exist in the foreign country where the goods were produced?
GKX Industries expects sales of its hydraulic seals (in inches and metric sizes) to increase according to the cash flow sequences $70+4k, where k is in years and cash flow is in $1000. What is the amount of the cash flow in year 3
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