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“A subsidy may provide import-competing producers the same degree of protection as tariffs or quotas but at a lower cost in terms of national welfare.” Discuss – in what sense is this statement correct? In what sense might it not be correct?
q1. suppose that disposable income consumption and saving in some country are 200 billion 150 billion and 50 billion
SteelTubes had sales of $300 million this year. Expenses were $250 million. Aside from these figures, the company also invested in new mills for carbon steel tubing, complete with peripheral loading, straightening, and coiling equipment plus facility..
Arlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA fines of $19,500 per year. An emission reduction filter will cost $60,000 and will have an expected life of 5 years. Carlisle’s MARR is 9%/year. What is..
For medical practices, hospitals, and other healthcare organizations, the value of the whole is usually more than the sum of the values of the organization's individual assets. Explain why this is so.
q.russell owns 30 percent of the outstanding stock of thacker and has the ability to significantly influence the
The law of demand states that other things equal
Explain how inflation can have redistributive effects in the economy. What are these? Provide at least two examples that illustrate these redistributive effects.
Which of the following is the best definition of the short run?
In general, explain the connection between a Happiness or Utility function that exhibits Diminishing Marginal Utility or Happiness, on the one hand, and risk-aversion, on the other.
Calculate Required Reserves and Excess Reserves. What is the total amount of money this bank could create by loaning all of its Excess Reserves?
1. In which of the following situations is the Coase theorem likely to apply? Explain.
Describe graphically why someone guaranteed an annual salary might choose to work fewer hours than someone who could earn that same amount through hourly pay.
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