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Q. Explain Fixed Capital and Flat-Rate Tax?
Fixed Capital: Realcapital which is installed permanently in a specific location, including infrastructure, buildings and major equipment and machinery.
Flat-Rate Tax: a form of income tax in which each taxpayer pays the same rate of tax on their personal income, regardless of their income level. It differs from a progressive tax, in that higher-income individuals pay a higher rate of tax.
Insurance - Risk averse are willing to pay to keep away from risk. - If cost of insurance equals expected loss, risk averse people will buy sufficient insurance to totally r
how distribution is arranged to provide customer service
Suppose Jean Splicer, an investor, buys $300,000 of shares of stock in a diversified bundle of Bio-tech firms and exactly one year later sells those shares for $315,000. Assume the
explain bains model of limit pricing
Privatisation of the Economy: Privatisation has to be viewed in two ways: In a narrow sense, it implies the induction of private ownership in a public sector undertaking. In a
Problem: (a) Why is an error term added to a regression and explain its importance in the OLS procedure? (b) Suppose we have a linear equation with a constant term, one expl
suppose ismail were to eat five pizzas per week.what is the total value ismail would place on his five weekly pizzas?
Do the laws of economics still work today? use the case discussed in class to answer this question or any other examples) (ii) Provide examples of three factors that can shift the
MRP systems - basic inputs It has been estimated that in the USA where MRP was originated and developed by Oliver Wight and George Plossl (1985), virtually all Fortune 500 ma
if a country is managing its exchange rate what will do to counteract the effect of stock market bubble in this country? explain what central bank will do and show in supply and de
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