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A bakery currently sells chocolate chip cookies at a price of $16/dozen. The MC is $8/dozen. The cookies are becoming more popular with customers, and so the bakery owner is considering raising the price to $20/dozen. What percentage of customers must be retained to ensure that the price increase is profitable?
For each of the following corporate taxable incomes, calculate A) corporate income tax, B) effective tax rate, and C) marginal tax rate.
What conclusion could be made about the population mean rate of return of the clients for Zoe and Brayden? Identify all of the appropriate conclusions.
If an industrial process emits a pollutant, is it more efficient to monitor the amount of pollutant emitted by each firm and establish a tax per unit of pollutant, or to
In a competitive model, the only valid argument for a tariff is the Optimum Tariff Argument. All other arguments are ones for subsidies.' Discuss.
What is human trafficking ? and what are different locations or organizations where you can potentially conduct interviews about human trafficking
Holding other factors constant, if 3D-printing technology allows factory workers to manufacture more products per hour, then the real wages of factory workers will ______ and employment of factory workers will _____. An increase in the demand for chi..
Caught up in broad social and economic disaster that swept the Mediterranean basin during the twelfth century BCE, what seems to have happened to the civilization of people.
Is there a difference in public impact when public employee unions (teachers, government workers, etc.) go on strike and when private sector employee unions
What do you think about the Supply-Siders ideas? Do you think supply side policy could fix the economy? Describe how Supply Siders want to use policy tools and how it would work. P.S. If you previously said that you thought another school of thought ..
A plastics factory emits water pollutants into a nearby river. The marginal private cost of producing plastics and the marginal external cost.
Derive the IS-LM model by considering the expectation into the model. You need to explain which factors affect each of the curve, and how the changes of these factors will shift the corresponding curve of the model. Suppose there is a expansionary mo..
We can see that aid to Africa has increased significantly over the last 40 years and that incomes in Africa have stagnated. Explain why these two facts do not constitute proof that aid is not effective in increasing incomes in Africa.
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