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A tax on dairy products is one public policy initiative that the government might consider. Perform appropriate economic analysis to explain how such a tax could be used to address the animal welfare and environmental concerns raised in the article. Discuss the pros and cons of using such a tax as a policy initiative.
Discuss and describe how you think e-business will affect the following areas of endeavor, including both positive and negative effects:
If my income increases by 10%, then quantity of public transportation demanded drops by 5%. I can say that income elasticity of my demand for public transportation is negative and that public transportation is a normal good. If the demand for chee..
Mr. Capon is a butcher who recently increased price of steak at his market from $1:50 pound to $2 a pound. Correspondingly his sales dropped from 200 pounds a day to 100 pounds a day.
Describe situations and organizational variables that impact employee morale and explain, using examples, the impact of individual perception on morale.
Dave Engle, a former teacher, now has a business selling supplementary educational materials such as books and computer software to parents and schools. In June, he borrowed $45,000 from his bank to buy some new educational computer games that he ..
Using the Keynesian cross model, draw a graph to illustrate and explain what will happen in an economy when planned aggregate expenditures are greater than real GDP (i.e., A.E. > Y). How is equilibrium achieved in this economy?
Harvard, Yale and Princeton all charge relatively high tuition. Still each uses ACT and SAT score as admission criteria. Are charging a relatively high tuition and using standardized test scores inconsistent? Explain your answer
for each level of output calculate this manufacturers marginal cost mc for convenience place the marginal cost between
Select a new, realistic good or service for an existing industry, preferably an industry you current work in or one in which you are interested in working.
Which of the following statements regarding price level or inflation is correct A) Supply and demand can not explain why a particular good or service becomes more expensive relative to other goods and services. B) Inflation affects only the more ad..
In theory, fiscal policy can be used to prevent inflation and avoid recession. But, in practice there are many limitations of using fiscal policy. Discuss the statement.
Prior to 1999, PepsiCo did not have a product that competed directly against Sprite and had to decide whether to introduce such a soft drink. By not introducing a lemon-lime soft drink, PepsiCo would continue to earn a $200 million profit, and Coc..
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