Consider a worker who is paid a wage of $20 per hour. The worker has a disutility h^2 of working h hours. Assume that the worker faces a tax rate t. Thus, his net (after-tax wage rate is $20 (1 - t)). (i) How many hours will the worker work if his objective is to maximize net income minus disutility of work, i.e., he wants to maximize 20(1-t)h-h^2. (ii) Given your answer to part (i), what is the total tax revenue from a tax rate of t? (iii) Suppose that the initial tax rate is t1 = 0:7. Consider a tax reform that reduces t to t2 = 0:6. What is the change in revenue following the change from t1 to t2?

What is the range of addresses in the classes : What is the range of addresses in the classes of internet addresses? |

Compute the standard enthalpy of formation of ethane : The molar heat capacity of ethane is represented in the temperature range 298 k to 400 k by the empirical expression C(p,m)/(J K-1 Mol-1) = 14.73 + 0.1272 (T/K). Calculate the standard enthalpy of formation of ethane at 350 K from its value at 298.. |

Discuss ways that each party can achieve a better solution : In using game theory, both parties have dominant strategies that lead to a best case for each individual. However, these decisions result in a worst case for the combination of the two. Discuss ways that each party can achieve a better solution |

What is the difference between using system.data : What is the difference between "using System.Data;" and directly adding the reference from "Add References Dialog Box"? |

What is the total tax revenue from a tax rate of t : Consider a worker who is paid a wage of $20 per hour. The worker has a disutility h^2 of working h hours. Assume that the worker faces a tax rate t. Thus, his net (after-tax wage rate is $20 (1 - t)). (i) How many hours will the worker work if his.. |

Compute the ratio of acid to salt at ph 5 : a. For a weak acid with a pKa of 6.0, show how you would calculate the ratio of acid to salt at pH 5. b. Suppose you have just added 100 mL of a solution containing 0.5 mol of acetic acid per liter to 400 mL of 0.5 M NaOH. What is the final pH? |

Determine what is the cost of the option hedge : Raider Inc., an American importing firm anticipates an outflow of ¥893 million in 6 months. Raider's management team is worried about the course of the ¥/$ exchange rate over the next 6 months and decides to hedge. |

What amount of damages will the court award to cameron : Cameron declined to appear in the action movie. Cameron filed suit against Colossus for breach of contract. Will this suit be successful? If so, what amount of damages will the court award to Cameron? Explain. |

Show how an assembly might replace : show how an assembly might replace this pseudo-instruction with the true instructions to achieve the same effect. You solution must observe MIPS register use conventions. |

## How many of each will jane purchaseIn each case, draw a budget line that shows her available choices, and indicate her best choice by adding indifference curves. Assume that Jane only cares about the number of peanuts, and not about the size of the bag. |

## Where should the manufacturing plant be locatedA firm is considering moving its manufacturing plant from Chicago to a new location. The industrial engineering department was asked to identify the various alternatives together with the costs to relocate the plant, and the benefits. |

## Find the equation of the new demand curve for chevroletsStarting with the estimated demand function for Chevrolet: Qc = 100,000 - 100Pc + 2000N + 50I + 30Pf - 1000Pg +3A + 40,000Pi. Assume the average value of the independent variables changes to N= 225 million, I= 12,000, Pf= 10,000, Pg= 100 cents, A=.. |

## Find a price floor that will result in the same magnitudeSuppose the government imposes a price ceiling of $50 on a market characterized by the following information:Qd = 700 - 2P Qs = 100 + 4P Calculate the magnitude of deadweight loss from the price ceiling. |

## At what rate must in increase the money supplyAdditionally, due to innovations in the financial system, the velocity of money is rising at 2% per year. If the Fed wants to maintain a zero-inflation monetary policy, at what rate must in increase the money supply What if they want to keep infla.. |

## Find the equilibrium employment in the whole economySuppose there are 100 firms in the economy. Let us call them firm 1, firm 2, ..., and firm 100. For firm j (j=1,2,...,100) the labor demand (or equivalently MPN) is Nj = 1 - 0.02w where w is the real wage. Note that labor demand function for the w.. |

## What is the optimal amount of memorySuppose you are designed a new computer and want to make sure it is optimal for your needs. Random Access Memory can be added to your computer at a cost of $100 per gigabyte. For you the benefit of the first gigabyte of RAM is $800, and the benefi.. |

## What is the resulting equilibrium price of new housingAssume that the market price of new housing is $100,000 in Las Vegas, and local government officials modify regulations which increase the cost of building new homes. The higher costs cause supply to drop by 18% |

## Calculate the income elasticity of demandGiven the following information, calculate the income elasticity of demand using the midpoint formula. a. Nancy's income increases from $20,000 to $30,000 and her consumption of spaghetti changes from 10 pounds per month to 2 pounds per month. |

## Explain what would be the impact on the combined setupA company has an annual requirement for 150,000 parts, which cost $125 each. The parts require processing having a $4,000 setup cost. Each part occupies 0.5 sqft of floor space in the factory. Floor space has a total cost of $12.50 per square foot.. |

## By what percentage did nominal gdp increaseSuppose the following data describe output in two different years. Item Year 1 Year 2 Apples Bicycles Movie Rentals 20,000 @ 25¢ each 700 @ $800 each 6,000@ $1.00 each 30,000 @ 30¢ each 650 @ $900 each 8,000 @ $1.50 each |

## How to select the better system based on bc analysisA city government is considering two types of town dump sanitary systems, as shown below. Select the better system based on BC analysis at 8% social discount rate (same as MARR). Design A Design B Initial investment $400,000 $300,000 |

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd