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Suppose that there are 150 houses in the community with 2,000 square feet (providing services that rent for $10,000 per year). The interest rate is 4% and with proper maintenance all of the houses will last forever. In an election the population decides that they want public services worth $8,000 per year.
What property tax rate will be necessary to fund these public services?
Short-run losses may be incurred in order to gain the future benefits of lower AC that result from greater knowledge and experience. A balance of stability and change must be maintained in an organization to take advantage of knowledge and experience..
q.suppose two individuals smith and jones each have 10 hours of labour to devote to producing either ice cream x or
Find the equilibrium price and quantity. If the current price of the good is $100, what is the quantity demanded? What is the quantity supplied? How would you describe this situation? Equilibrium? Shortage? Or Surplus? What would you expect to happen..
Budweiser (now owned by a Belgium based beer company called In Bev), Miller and Coors who together produce 85% of all beer consumed in the US, each spend well over$250 million a year on television advertising campaigns, promoting their beer brands. D..
What does the change in his con- sumption reflect a substitution or an income effect.
Provide an example when it could be appropriate to conduct a time-series or cross sectional data. Discuss the potential problem that may arise with your example and identify strategies for minimizing the impact of the potential problem.
Suppose the short-run production function is q = 6L^2. If the wage is $12 per unit of labor, then: What is the average variable cost?
What is one explanation for why this labor supply curve is upward sloping?
What 3 items of important information does the income statement reveal about the financial performance of T-Mobile over the last three years?
Select at least five (5) economic concepts covered in the first four weeks' readings, and discuss the primary manner in which these concepts impact the world of health care economics. Some examples of selected concepts are health demand and supply, e..
q1. if the us economy is operating near full employment and the exchange rate increases the dollar appreciates explain
Assuming which the price elasticity of demand for U.S. exports equals 0.40 and the price elasticity of demand for U.S. imports equals 0.20.
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