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Read the text below and answer the questions.
The law prohibits all cigarette billboards and makes it illegal for cigarette ads to be posted in shopping malls, movie theaters, stadiums, and other public spaces frequented by minors.
1. What argument might tobacco companies make against the federal statute?
2. Do advertisements receive more or less constitutional protection than movies and newspaper articles? Why is there a distinction, even though all three forms of expression derive a profit?
3. What type of expression is the government trying to censor with its law? What kind of protection does this type of expression receive under the Constitution?
Van Doren Housing expects to have sales this year of $18 million under its current credit policy. The present terms are net 30; the days sales outstanding (DSO) is 48 days; and the bad debt loss percentage is 4 percent. What would be the incremental ..
The Parliament, the legislature of the fictional country of Verben, is considering legislation that will generate benefits of $15 million and costs of $11 million. For perspective, Verben's population is 60 million. Passing the legislation is EFFICIE..
In this exercise, you will use Excel to calculate Mr. Ecks’ economic net worth and his amount of constant consumption and savings using the information that is provided below. Using information from the previous exercises, add Mr. Ecks’ gross human c..
What is a call option for a stock? Suppose the current stock price is $40, and the strike (or exercise) price of the call option is $35. Is the stock option in the money or out of the money? What is the intrinsic value of this call option?
From the list below, select the components or inputs associated with the production function where GDP is the output. There is more than one possible answer. Capital deepening, population, physical capital, aggregate supply, aggregate demand.
Suppose that a stadium can hold 60,000 people instead of 30,000. If "W" seats are allocated to Wiffle supporters, each can be sold for 20-W/2000. And if "M" seats are allocated to Masher supporters, each can be sold for 24-M/3000. What division of se..
As control variables, Quinn's data also includes income the individual earned in the month the data was collected, and the amount that it rained in the month the data was collected.
US politicians from both parties occasionally propose cutting the federal gasoline tax (which is a unit tax) only during the summer months, when prices tend to increase. Assume that gasoline refineries run near full capacity during the summer, so the..
Smith, Ricardo, Malthus, and Marx had strikingly different views of the long-run tendencies of the capitalist system. Carefully discuss the vision of the future development of capitalism associated with each writer. Include in your discussion the pol..
Using supply and demand and competitive analyses, explain what happens to a pharmaceutical company’s revenues and profits from an individual drug once it loses its patent protection. Then identify at least one strategy the company can use to mitigate..
A key difference between supplies and components is that: Many customers will drive long distances to purchase Yummy Town doughnuts, even though other doughnuts are available for purchase at nearby locations. For such customers, Yummy Town doughnuts ..
Find clear vision's profit maximizing output and price; also determine profit. suppose that box city imposes a specific tax of t=1$ per unit of service. find clear vision's new profit maximizing output, price, and resulting profit
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