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In an effort to stop the migration of many of the automobile manufacturing facilities from the Detroit area, Detroit’s city council is considering passing a law that would give investment tax credits to auto manufacturers. What this means is that it would reduce auto manufacturers costs of using capital and high tech equipment in their production processes. On the evening of the vote, local union officials voiced serious objections to the law. As a union official, outline the basis of your objection As a representative of one of the auto manufacturers, what are your counter arguments? at least 200 words
in this question you will examine the effect of a sales tax on a monopolists profit maximizing price and rate of
Opportunism in health care is especially perceptible in the health insurance markets. Consider the area in which you live, specifically your state and local communities. Evaluate the social-cultural issues that are influencing adverse selection in in..
Discuss how do reducing tax policies on electricity and imported luxury cars in short run affect firm revenue, consumer expenditure and government tax revenue?
my neighborsare college students who sometimes have late-night parties. assume that the nuisance cost of these parties
What price do you expect allowances to sell for and if the government decides to implement a tax rather than a cap-and-trade system, what should be the tax rate?
the oil marketthe world oil market has been through tremendous changes in the past decades resulting in significant
assume that the real output ro for a country is expected to be 2.4 million products.a. if the price level pl is 250 per
Suppose the marginal costs of production for a company is $6 at its current production levels. suppose the price elasticity of demand is constant at -2 between the prices of $10 to $15, if the current prices are $10 is the company pricing at the corr..
A firm can choose the optimal usage of input to maximize the profit by employing the amount of input where
Dome Metals has credit sales of $180,000 annual with credit terms of next 60 days, which is also the average collection period. Suppose the firm adopts new credit terms of 3/18, net 60 and all customers pay on the last day of the discount period.
The firm faces a constant marginal revenue curve given by:MR = 200 and how should the firm allocate production?-How much should Factory #1 produce and how much should factory #2 produce?
draw an ad-as diagram representing the u.s. economy in a recession. also draw a diagram of the u.s. labor market in the
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