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Q. Assume that at this time in the nation of Economic when families split up there are no required child support payments. The legislature is considering a plan where the noncustodial parent must pay the custodial parent 20 percent of his/her income for child support. In this country, everyone can earn $10 every hour also work as much as they want up to 2,000 hours every year.
Draw the income-leisure budget lines for the custodial also noncustodial parents before the policy is enacted - 2 separate graphs
Given the demand and cost conditions, what price, output and profits result in the short run? What will happen as the firm moves from the short to the long run
What do you imagine about the interest on payday loans is too high or just right.
Compute most favorable output also profit for each firm and the market price. Also, compute the resulting profit of cartel.
Decreasing returns to scale refers to a situation where an increase in a firm's scale of production leads to lower costs every unit produced.
The benefit of cutting down a forest is $1 million now. the environmental cost of that harvest is $10/year forever.
How to calculate the elasticity coefficient between each of the seven prices and indicate whether the character of demand is Elastic.
Repeat these calculations for the third, fourth, and fifth years, assuming that the Government taxes at a rate each year and has noninterest expenditures annually.
All farmers in Trivialand are self - employed and sell all of their wares to Super Duper. Elucidate the costs incurred by all of Trivialand's busines.
Evaluating new vehicle technologies to reduce costs is important for companies like UPS also other companies involved in parcel delivery services.
A firm in a perfectly competitive market invents a new method of production which lowers its marginal costs. Illustrate what happens to its output.
Compare and contrast the way Classical and Keynesian theory determine the Demand for Money and how it is related to the Money Supply
Assume a household receives a grant of $500 of food stamps every month. How will this household's budget line be affected.
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