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More and more Americans, when asked to state their religious affiliation, answer "no religion." Many of these Americans serve in the military. Chaplains are recruited in the military of various faiths to serve the spiritual needs of military personnel. Today there is a call for Atheist or Humanist chaplains to serve the needs of people who do not believe in God and who are unaffiliated with any religion. What sort of obligations do the Armed Forces have to provide religious services for military personnel? Should this include atheists and humanists? Given that the military is a federal organization, what reasons might they have for addressing the spiritual and emotional needs of some soldiers but not others?
The settlement requires KopyKat to pay the employee $10,000 per month for the next year. Determine the optimal price and output for the firm under these new conditions.
Find the optimal output and retail price for a vertically integrated monopolist, either using a graph or calculus. Illustrate answer with graph.
There are two firms in an in an industry. Let q1 and q2 be the two firms in an industry and Q= q1 + q2 be the total output. The inverse demand in the industry if P (Q)= 45 – Q. The cost function for each firm is C(qi) = 9qi. Assume oligopolistic comp..
Using a supply-demand diagram, show a labor market with a binding minimum wage. Now, use the diagram to show those who are helped by the minimum wage, and those who are hurt by the minimum wage.
(a) What is the joint probability distribution for first cost and net revenue?
In order to attract more customers on Mondays ( a slow day), Alex's pizza shop decided to reduce the price of their pizza rolls from $3.50 to $2.50. As a result, Monday sales increased from 70 to 130. Also, Alex's sales of soft drinks rose from 40 to..
Beginning in Week 2, you will work through the weekly research stages and writing process towards the creation of a 6-10 page
Suppose, as we did in class, that consumers live for two periods and can either consume, save, or pay taxes with their income. Derive the lifetime budget constraint for the individual. What kinds of things can we say about the lifetime budget constra..
Illustrate what is the interest rate. Jack and Jill both obey the two-period fisher model of consumption.
Podunk, Inc. has been making widgets by hand (using no machinery at all) for years. Their production function has been q=0.9L. Recently, they purchased high-tech machines to aid the workers. Unfortunately, none of the workers can figure out how to us..
Which principle of tax equity-the benefit principle or the ability-to-pay principle-is in closest agreement with your personal idea of what is fair? Develop a "position statement" based on your response.
A property, if sold today. will provide the equity investor with $250,000 in cash flow after taxes. If the property is held, the annual after-tax cash flow received by the investor is expected to be $23,000 per years 1 to 5. If held and sold in 5 yea..
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