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The United States simultaneously limits imports of ethanol for fuel purposes and provides incentives for the use of ethanol in gasoline, which raise the price of ethanol by about 15 percent relative to what it would be otherwise. We do, however, have free trade in corn, which is fermented and distilled to make ethanol, and accounts for approximately 55 percent of its cost. What is the effective rate of protection on the process of turning corn into ethanol?
A call to action that describes what you want readers to do. Should they contact a policy maker? Change their behavior? Join a group?
Research suggests that taxing pizza and soda would reduce the incidence of obesity in the U.S.A. Suppose you were required to choose between a price ceiling and a floor price to achieve the same result.
What information would you have added or subtracted from these topics to make them effective for the website visitor?
how much would the quantity of labor supplied increase among people in the top U.S. tax bracket if the highest marginal tax rate in the United States (39.6%)were reduced to the level of Hong Kong (15%)?
Two equal deposits made 20 and 21 years ago, respectively, willallow a retiree to withdraw $10,000 now and $10,000 per year for 14more years. If the account earned interest at 10% per year,how large was each deposit
Suppose you have been tasked with regulating a single monopoly firm that sells 50-pound bags of concrete. The firm has fixed costs of $30 million per year and a variable cost of $3 per bag no matter how many bags are produced.
Suppose cell phones are available in two basic types: Flashy or Dull. Furthermore, suppose cell phone owners fall into two basic categories: Hipsters or Grannies. Let .55 be the probability of being a Hipster. Also, 40% of cell phones are both Flas..
A small pipeline will cost less to purchase (including valves and other appurtenances) but will have a high head loss and, therefore, a higher pumping cost.
A firm has a production function Q=F(K,L) with the constant return to scale, where k is units of capital and L is unites of labour.Imput prices are r=$2 per unit of K and w=$1 per unit of L.When it produces 5 units of output,it uses 2 units of cap..
Calculate the four-firm and six-firm concentration ratios for the computer industry. Calculate the HHI for the industry. Suppose that Appel Computer and Banana Computer were to merge with no change in the sales of any of the different computers. C..
Suppose there are 2 countries, Home and Foreign, two factors of production, capital and labor and two products, food and cloth. Home has 100 units of labor and 200 units of capital, while Foreign has 300 units of labor and 150 units of capital. \(..
a broadcasting executive is reviewing the prospects for a new television series,according to her judement , the probability is 0.25 that the show will achieve a rating higher than 17.8, and the probability is 0.15
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