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The best answers eliminate the puzzle concisely.
1. Explain the short-run effects of eliminating rent control on apartments.
2. In a competitive industry, with competitive supplies of labor and capital goods which have only normal gains, which factor obtains the "producer surplus"? What is the economic effect of taxing this surplus?
3. Is there anything a government can do to increase the productivity of an industry with a competitive free market? Explain.
4. How does a minimum wage function as a tax? Who is taxed? Who ultimately pays this tax? Is there a better way to increase the income of low-wage workers than imposing a minimum wage? Explain.
Which of the following could be an example of an opportunity cost
An argument can be made that the Government could improve consumer welfare by requiring companies to provide accurate information to consumers about their products. Should the Government increase, decrease or remain the same in its level of intervent..
The smith company made and sold 10,000 metal tables last year. When output was between 5,000 and 10,000 tables, its average variable cost was $24. In this output range, each table contributed 60% of its revenue to fixed cost and profit.
Of the following, three mean the same thing and one means something different. Which option does not mean the same thing as the other three in the context of the basic market model we reviewed in class (and that you learned about in principles of mic..
If Michael is spending all of his money on these 2 snacks which he purchase more chips also less ice cream as well as purchase less chips.
The US had a national bank during the first few decades after its birth before it was abolished. Today, we have the Federal Reserve. What are the differences between the Federal Reserve and a National Bank (specifically, with regard to their interven..
Suppose that in a year an American worker can produce 100 shirts or 20 computers and a Chinese worker can produce 100 shirts or 10 computers. Who has the comparative advantage in the production of shirts? What about for computers?
Explain how does the empirical rule help to explain the ways in which values in a set of numerical data cluster and distribute.
What is accounting equation? Please give an essay on accounting equation and give a good example on it, i need to develop a project on accounting equation.
Travelers driving through Gotham city can use a freeway or cross town toll way to get thru the city. The toll way charges $1.00 per car during the morning rush (6-9AM) and the afternoon rush (4-7PM) and the toll is $0.40 at other times. What are the ..
Describe your matter, with a brief summary of the key things which make your matter interesting. Illustrate what are the key positive also normative questions surrounding your matter.
what are the risk in management when you don''t have a fix plan of what you want o accomplish?
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