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1. "Subsidizing the price of milk or other agricultural products isn't very expensive considering how many consumers there are in the United States. So, there is little harmful effect from such subsidies." Compute this statement.
2. Subsidy programs are likely to have a number of secondary effects in addition to the direct effect on dairy prices. Explain what impact do you suppose farm subsidies are likely to have on the following?
a. Housing prices
b. Technological change in the dairy industry
c. The price of dairy product substitutes
Your firm is considering the purchase of an old office building with an estimated remaining service life of 25 years.
What percentage of the total variation in the number of calls is explained by the regression model.
Give an economics analysis of that liability standard for product-related harms.
The average consumer income is $20,000, and the price of the related good is $1.10. Compute the predicted quantity demanded of X at these prices and income.
Compute the amount of the natural employment deficit in terms of both billions of dollars and as a percent of natural real GDP.
Damage to the parked car was $5,400, and damage to the store was $12,650. What amount will the insurance company pay for the damages. What amount will Kurt have to pay?
What factors determine the intensity of rivalry in an industry. Is the intensity of rivalry in the PC industry high or low.
clearly show on youre graph the old equlibrium price and quantity. Can you tell for certain whether the new equlibrium price will be higher or lower than the old equilibrium price?briefly explain.
q1. assume the following model of expenditure sectorsp c i g nxc 420 45yd yd y - ta tr ta 16ytr0 100i0 160g0
Which of the government policies below is not likely to encourage per capita economic growth.
Given all the above factors, which candidate should be selected? (b) By how much would the estimated capital investment for the alternate candidate [the candidate not selected above in (a)] have to vary from your first decision in (a)?
q1. illustrate the result of the passage of the motor carrier act in 1980? please use the internet search or other
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