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‘‘Profit is the incentive to innovate. Government intervention can only reduce it, and therefore stifle the innovation process.'' Discuss the expected relation between taxation and growth in the light of this statement.
Assume they they buy if price exactly equals to willingness to pay. The monopolist can produce the good at a constant marginal cost 3. a. describe efficient allocation of the good b. describe the profit-maximizing price when no price discrimination ..
what is the present worth of the contract through the 3-year treatment period at an interest rate of 1% per month?
The same publication has a table entitled "Table B14. Advanced Economies: Current Account Transactions." The Advanced countries are the United States, Germany, France, Italy, Spain, Japan, the United Kingdom, and Canada. Use this table to list the..
Given population = 500, Population 16+ and non-institutionalized = 400, People employed full or part-time = 200 People unemployed and actively seeking work = 20 People who have quit seeking work due to lack of success = 10Part-time workers seeking fu..
If the growth rate of money is 10 percent per year, annual inflation is 7 percent, and the growth rate of velocity is 1 percent per year, what is the growth rate of real output?
In a competitive market, the industry demand and supply curves are P=200-0.2×Qd and P=100+0.3×Qs, respectively. Can you find an ad-valorem tax that would generate $3200 of revenues for the government
Suppose income declines by 2.85%, how much do I have to cut value in order to maintain existing customers and it begins with being given a regression analysis that has the following:
A firm is considering purchasing $64800 of hand tools for use on a production line. It is estimated that the tools will reduce overtime work by $2000 the first year, with this amount increasing $1300 per year thereafter.
The trees in Forest F grow such that the volume of timber at time t can be represented as f(t) = 900t - 50t2 + 60t3 + 7t4. (Note that these trees do not follow a typical biological growth function). The annual real interest rate is 0.19,
Assume the government cuts its purchases by $150billion. As a result, the budget deficit is reduced by $40 billion,private domestic saving decreases by $10 billion, disposablepersonal income decreases by $80 billion
aggregate labor market for bampb professionalsyafklfor 1 amp 2 find equilibrium wage equilibrium nd equilibrium ns1.
In this situation what obligation does the CA have to a new auditor if he is replaced? Discuss briefly
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