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Under what circumstances would a rise in income tax act as: (a) a disincentive and (b) an incentive to effort?
Identify at least four policies from the textbook that the government has created to impact economic growth and productivity.
For what reasons do countries experience very different long run rates of economic growth from each other?
Suppose ZCorp has following short run production function Q = 50X - 2X^2 where X is the only variable input used by ZCorp to product its product, Q.
using a spreadsheet like the following entering formulas for the total revenue and consumers surplus and given the
Under what circumstances would a rightward shift in the ADI curve lead to a permanent increase in real national income?
Why is it difficult to use fiscal policy to fine tune the economy?
If a firm wishes to break-even at 20,000 units, its variable cost per unit is $3, and its fixed cost per period is $40,000, its selling price per unit will have to be;
2.What could be done to change the price elasticity of demand in a desirable direction?
Assume that the manager of a company operating in competitive market has estimated the company's average variable cost function to be AVC=4000-5Q+0.002Q^2
Linear programming is a mathematical technique used to determine the optimal solutions to certain specific problems.
Suppose that the risk free rate is 8 percent and the expected rate of return on the market is 18 percent.
since dry cleaning produces air pollution a small town with two dry cleaning companies has decided to regulate the dry
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