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Why are cigarettes and alcohol the most heavily taxed items in the US? Now, if the government increases the price of these items by 10%, how does this affect the stores that sell them? Provide a detailed response.
Future Economic Impact: At present there are a few notable industry leaders that have strong opinions on AI, its future, and its impact on humanity. Explain these opinions and critically critique them.
In addition categorize the level of elasticity of a product or service of your choice from real life depends on what you know happens to the percentage change in quantity demand when the price changes.
Constant returns to scale occur when. Total fixed costs
Education is a funny business. Schools usually charge the same tuition for all 3 credit classes even though some class times are much more popular than others. At WCC for instance, 11:00 a.m. classes are much more popular than 9:00 a.m. classes. Let’..
Dividends paid last year were $.70. Flotation costs on issuing stock will be 10 percent of market price. Dividends and earnings per share are projected to have an annual growth rate of 15 percent. Illustrate what is cost of internal common equity ..
Describe the purpose of ecumenical services and interfaith initiatives. What importance, if any, does dialogue between the various faith traditions have? Find one example of either an ecumenical service or interfaith initiative in your town or city a..
For both options, your interest rate is 6% compunded monthly. If the car has a value of S after the 36 months period, what is the value of S that would make both options A and B economically equivalent?
Explain how much should firm produce in order to maximize profit. Illustrate what is maximum profit that firm can generate at output level (your answer in a).
The Abner Corporation, a retail seller of television sets, wants to determine how many television sets it must sell to earn a profit of $10,000 per month. The price of each television set is $300, and the average variable cost is $100. What is the re..
q. in 2002 roma was a schoolteacher and earned 40000. but she enjoys creating cartoons so at the beginning of 2003 roma
Draw the complete consumption-leisure model. Be sure to label completely and correctly. Find the optimal consumption bundle.
Assume that economic growth is slower in the United States than in its trading partners. Given a system of floating exchange rates, will the impact of this growth differential be for the United States with respect to exports and the value of the doll..
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