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Q1. In 2009, it was proposed that the state of Nevada create an entertainment tax that "would require the state's 25 legal brothels to give the state some money on a per-transaction basis" [Friess, 2009]. Discuss the likely incidence of such a tax. Use an appropriate diagram as the basis for your discussion.
Q2. The owner of an Italian restaurant has just been notified by her landlord that the monthly lease on the building in which the restaurant operates will increase by 20 percent at the beginning of the year. Her current prices are competitive with nearby restaurants of similar quality. However, she is now considering raising her prices by 20 percent to offset the increase in her monthly rent. Would you recommend that she raise prices? Explain.
The Coca-Cola Company has 40% of the cola market. Determine the probability that a sample proportion
If the returns of the risky portfolio are normally distributed, what is the probability of returns being less than 29%.
Distinguish between the resources market and the product market in the circular flow model.
Why did people believe the difficulties Aisian economies were expericing in 1997-1998
the industry that this claim were untrue, what critical questions could you ask about the HHI used for the study
Describe the international monetary system known as the Bretton Woods system, or the gold exchange standard that existed from the mid 1940s to the early 1970s.
Watch the video titled Fear the Boom and Bust. Using the tools of macroeconomics, identify the primary difference between the two philosophies.
If MMM's capital structure consists of 25% debt and 75% equity, stated in total funds, what is the WACC break point that is associated with retained earnings
Explain why government regulation is or is not needed, citing the major reasons for government involvement in a market economy. Provide support for your explanation.
Amalgamate the information you have gathered and tell the economic consulting firm which actions you think OPEC will take over the next year based on your answers.
Do sibs have the expected effect. Explain. Holding medic and feduc fixed, by how much do sibs have to increase to reduce predicted years of education by one year.
Solve for the equilibrium interest rate. Solve for equilibrium value of consumption and investment.
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