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Suppose that most people will not speed if the expected ne is greater than $200. Given current police practices, the probability of being caught speeding is 20%.a. How high must the actual ne for speeding (what you have to pay if you get a ticket) be to deter mostpeople from speeding?b. Suppose the Lexington mayor caps the amount police can ne speeding motorists at $500. The police vow to step up enforcement in order to cintinue to deter speeding. How high must the probability of being caught speeding be in order to deter most people from speeding?
Total population coincides with total workers and is denoted by L and compute the Solow residual and describe clearly the changes that occur to the graph and compare the final result with the initial situation
Using the marginal productivity theory of labor demand to forecast the impact on the company's employment level of following events. Describe why the change in employment occurs and show it in a graph.
Elucidate economic school of thought does Obama base his economic prescriptions? Detractors accuse him of some leaning towards socialism. However, Obamanomics is simply "Keynesian Economics".
devaluation was comduct after the purchase and additional investment were completed, what is the new ROI.
Explain how could the advertising be employed to allow KinderCare to keep price above average cost without encouraging the entry.
The farmer initially grows 1,057 acres of wheat and 0 acres of corn. Suppose the price of corn increases by $102 per acre harvested and how much does the farmer's revenue change by if she continues to grow wheat even after the price of corn increas..
Compute the PV of Mr. Deco's payment using the equivalent real cash flow and real discount rate.
Discuss how a change in price affects total expenditure by filling in each cell with resulting change in total expenditure.
Select a California publicly held Corporation to use as the basis for this. Use the Internet to acquire a copy of your selected firm's most recent financial statements.
Consider the following data on US GDP-What was the grwoth rate of the GDP deflator between 1999 and 2000?
Show the area on the graph that would correspond to consumer's surplus earned by the typical boarder/skier with this payment scheme. Explain your answer briefly.
The baker uses the flour to make bread & sells the bread to households for RS. 6.00. The households eat the bread. What is the value added in each stages of production?
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