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Which of the following is not a reason for the subsidies being provided to U.S. farmers?
A. the desire to maintain a stable supply of food in the event of a drought
B. an effective farm lobby
C. the large share of total U.S. employment accounted for by the agricultural sector.
D. concern for the well-being of farmer
The owner-manager of Good Guys Enterprises obtains ulility from income (profit) and from having the firm behave in a socially conscious manner, such as making charitable contributions or civic expenditures.
the government decides to embark upon a new initiative to conserve the countrys forested lands. congress doesnt want to
What is the relationship of the cost of producing output and the money receipts of businesses when there are only consumer expenditures? What should happen to the level of output?
Find the market price, the quantity produce and the profit of each firm and what is the number of firms in the long run equilibrium?
Explain the impact of external costs and external benefits on resource allocation; Why are public goods not produced in sufficient quantities by private markets? Which of the following are examples of public goods (or services)? Delete the incorrec..
Perfect Competition is a model of which examples are few and far between. Yet economists love to discuss this model. Explain why.
three years ago you earned 2000 working as a lifeguard. you.depositsed the money in a bank that paidsimple interest of
What is the velocity of money if the nominal interest rate is constant?
more people start consuming mangoes because of its newly discovered health benefits. assume in this case that the
you get your first w-2 tax form to file. your boss has been at the company for over 20 years and also has to file a tax
Suppose that the absolute value of the price elasticity of demand for firms A, B, C, and D is 0,0.8,1, and 1.5 respectively. An increase in the price would reduce quantity demanded for
What two kinds of changes in the capital stock can improve labor productivity How can each type be illustrated with a per-worker production function What determines the slope of the per-worker production function
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