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A city government is considering building a new system of lighted bike paths. A Councilmember supporting their construction lists the following as potential benefits of the paths: (1) more enjoyable bike rides for current and future bikers, (2) reduced rush-hour automobile traffic from increases in bike commuting, and (3) the creation of 15 construction-related jobs. Can all of these actually be considered to be benefits? Explain and support your answer.
Think about your own consumption of video. What kinds of entertainment and informational videos are you most likely to view?
Can the U.S. government arrest an American businessman who bribes a Kuwaiti government official upon returning to the United States
Megacola faces demand of Q=2,200-20P. Its marginal costs are constant at $5 per unit. a. Show that Megacola will not change its behavior if the government introduces a 20% tax on its profits. b. Does the existence of firms such as Megacola strengthen..
Based upon the developments of the story and it's ending, do you feel Mr. Duffy and Ms. Sinico should have entered an adulterous relationship? Why didn't they?
Identify two fiscal policy actions that Congress might initiate to solve the problem.
Microsoft appears to have a monopoly with over 90 %of the personal computer operating market. Why then would it not be charging a monopoly price
1. Taking the benefits of a flexible exchange rate system into consideration, defend the claim that returning to the gold standard would not be a good idea.
Illustrate what is explict opportunicy cost of attending college. what is an implicit opportunity cost of attending college.
What kind of problems might occur when an American multi-national corporation tries to expand its business operations to China.
Demand Pull Inflation: Suppose that the central bank wants to increase output, but the economy is already at the natural rate. Show the short and long run effects of a monetary expansion in this situation in the AD/AS model. You can omit the labor ma..
A petroleum refining and recovery service company, Cowboy Enterprises, purchased $13,790 worth of equipment for reconditioning fuels in its storage tanks. The equipment has a functional life of 14 years and a salvage value of 5% of the purchased pric..
A chemical company determined the need for a chemical additive that will improve their product by 20%. The company’s CEO arranged to purchase the additive through a 5-year contract at $7,000 per year, starting 1 year from now. He expects the annual p..
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