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Which of the following scenarios will most likely shift the supply of cars to the left (decrease in supply)? -The price of cars decreases. -The price of automotive paint decreases. -The price of steel and aluminum increase. -Automobile workers become more productive.
What is the difference between a solicited proposal and an unsolicited proposal?
Alexandria's Dance Studio is currently an all equity firm that has 60,000 shares of stock outstanding with a market price of $24 a share. The current cost of equity is 11% and the tax rate is 40%. Alexandria is considering adding $2 million of debt w..
What would happen to his attempt to attain a blanaced budget? How would the President tell that his economy is approaching equilibrium or getting better?
State owned, at least partly, MNCs are becoming common specially those from BRICS countries. What do you think is the future of these types of MNCs? Do they will over the traditional (privately held) MNCs? Explain.
Should society attempt to equalize income or economic opportunities? Are the issues of equity and equality in the distribution of income synonymous? To what degree, if any, is income inequality equitable?
An increase in buyers' incomes
Elucidate use blue points (circle symbol) to plot the federal debt as a percentage of nominal GDP for each of the six years.
What happens to hours of work when non-labor income decreases? Does such a non-labor income change generate a substitution effect? Why might we expect welfare programs create work disincentives? What happens to the probability that a particular perso..
Illustrate what is the forecasted price of oil over the next 16 years using a discount rate of 5%.
How might you use information about design concepts to help you make future decisions? For example, when reading studies reported in newspapers or magazines how will the nature of the study influence your decisions to either take action or change you..
A negative externality:
The current price floor in the agricultural lettuce market is $1 per head. The price floor makes it such that the price of lettuce is 25% higher than equilibrium price and 100 heads of lettuce are demanded at the price of $1. Assuming that the elasti..
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