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The federal government provides a number of subsidies to the oil and gas industries. In defence of the subsidies, a spokesman for the industry observed “some alleged subsidies don’t even go to the industry.” U s e a supply and demand model to analyze the incidence of a subsidy to low - income consumers of oil and gas, and use your analysis to evaluate t he claim that the subsidies to low-income consumers do not benefit suppliers.
[Note: To construct the model, note that a subsidy is just a negative tax. Buyers in this model are low - income consumers. ]
What are some more common restrictions on the activities of multinational corporations in host countries? Your 200 word answer should focus on selecting and organizing your most relevant comments in a coherent fashion.
And within a few months, they reduced the amount of scrap to $7,000 worth [per year]." Was this necessarily an economically efficient move? Explain your answer.
draw the indifference curve for someone deciding how to allocate time between work and leisure. suppose the wage increases. is it possible that the person's consumption would fall? is this plausible?
What effect would a 30 percent reduction in the number of new homes completed have on Mapco's sale.
Draw the production possibility curve and a. Define consumer surplus and producer surplus.
To better identify increasing price of textbooks, dean asks you, economics Department's star student, to create an index of textbook price. Average student purchase three English, two math and four economics textbook. Prices of these books are giv..
What would you learn about an economy if you determined that its GNP was growing more quickly than its GDP?
Explain a situation in which the outcomes of classroom experiments deviated from standard economics theory. What insights were learned from these outcomes and how are they incorporated into the standard theory they attempt to model?
Discuss the strategy of your organization according to the specificities of your business environment - Explain how your organization can achieve significant cost savings and marketing benefits through the use of the internet technology.
Explain how the following events would affect the demand for labor. A new education program administered by the company increases labor's marginal product.
Democratic Republic of the Congo grows at a healthy 3% per capita, how long will it take Democratic Republic of the Congo to catch up with Luxembourg.
q1. arc-bot technologies manufacturers of six-axis electric servo-driven robots has experienced the cash flows blow in
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