Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The state of Delaland has two types of town. Type A towns are well-to-do, and type B towns are much poorer. Being wealthier, type A towns have more resources to spend on education; their demand curve for education is Q = 100 – 2P, where P is the price of a unit of education. Type B towns have a demand curve for education that is given by Q = 100 – 5P. a. If the cost of a unit of education is $15 per unit, how many units of education will the two types of town demand? b. In light of the large discrepancies in educational quality across their two types of town, Delaland decides to redistribute from type A towns to type B towns. In particular, type A towns must pay an additional $5 for each unit of education they provide, and Delaland gives type B towns $5 for each unit of education they provide. What are the new tax prices of education in the two towns? How many units of education do the towns now purchase? c. Delaland wants to completely equalize the units of education across towns by taxing type A towns for each unit of education they provide and subsidizing type B towns for each unit of education they provide. It wants to do this in such a way that the taxes on type A towns are just enough to finance the subsidies on type B towns. If there are 4 type A towns for every 5 type B towns, how big a tax should Delaland levy on type A towns? How big a subsidy should they provide to type B towns?
Two firms with MC1 =10 and MC2 =12(each unit costs $10 for firm 1 and $12 for firm 2) are located at each end of a street of length 1. Consumers are uniformly distributed along this street and incur transportation costs TC = x2, where x is the distan..
Big pharmaceutical companies are oligopolies and as such their strategic decisions are influenced by the rival's actions. Describe the pros and cons of the oligopolistic firms in the healthcare sectors
We can be certain that in the short-run a monopoly will produce the level of output that minimizes the cost on per unit basis. A well developed financial system helps reduce the effect of the initial investment requirement as a potential barrier to ..
In the context of international financial crises, what mathematical methods have Economists employed in order to quantify financial contagion?
Draw a graph that shows a market with inelastic demand and elastic supply at equilibrium. Then, on your graph, draw what happens when the government subsidizes buyers. Note the price received by sellers and price paid by buyers. Who receives most of ..
Assume that Ms. Thompson is currently exhausting her money income by purchasing 10 unites of A and 8 unites of B at price $2 and $4 respectively. Elucidate what these data suggest about Ms. Thompson.
What's the point of creating new bills with more security measures to prevent counterfeiting? If the old bills are still acceptable as currency, why would anyone even try to counterfeit new banknotes with all these security features?
Elucidate why relatively flat as opposite relatively steep worker demand curves are more consistent with the empirical observation.
How much does it cost to practice medicine? Are malpractice insurance premiums a major cause of higher doctor bills? Is medical care sold like other goods and services?
Suppose the value of the cpi is 1.100 in year one 1.122 in year two, and 1.133 in year three. Assume also that the price of computers increases by 3% between year one and year two, and by another 3% between year two and year three. the price level is..
Implications for juvenile females and members of ethnic and racial minorities.
Basically the research is about Audi Company. Then talking gerenrally about how it is performing. In addition, research about the Business
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd