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A person's wage is $5 per hour, usually he work 8 hour per day. Now suppose the government puts in place an income maintenance program where every citizen is entitled to a minimum daily income of $40, and where each dollar of labor earnings reduces the government handout by a dollar. 1. If He does not work, how large is the handout she will receive from the government? 2. If he works for 4 hours, how large is the handout she will receive from the government? 3. If he works for 8 hours, how large is the handout she will receive from the government? 4. If he works for 12 hours, how large is the handout she will receive from the government?
suppose that you are in charge of designing a product campaign for a new shampoo. this campaign will include among
What will you put on sale in your district during the Valentine's Day week? You must provide your reasons and
In a closed economy $10,000 is to be spent anually on the maintenance of existing capital stock,while the factor cost of final goods producing during the year=65k $. Producers pay 10k by the way of production. Find GDP at market price.
within your organization upper management has decided that your department must be downsized and it is up to each
Explain how a company that is competing in a purely (or perfectly) competitive market should increase its competitive stance in the marketplace. Provide specific examples.
The art of economics consists in looking notmerely at the immediate but at the longer effects of any act o rpolicy; it consists in tracing the consequences of that policy notmerely for one group but for all groups.
within the discussion board area write 400-600 words that respond to the following questions with your thoughts ideas
General Electric (GE) is the company we selected. Explanation of the relevance to the firm, A strategy of how the firm will respond , A goal to maximize revenues for the years ahead 45
how does a government budget surplus affect the u.s. economy? identify two periods in recent history in which the
Will Truman and Associates, LLC is a successful Manhattan based law company. Worker productivity at company is examined in billable hours, which vary in partners and associates.
you have been hired as a consultant by your local mayor to look at the various market structures. your role is to
Marginality
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