Cmpute share of tax burden for both john and dave in

Reference no: EM13389619

John and Dave value national defense differently. John's demand for the public good is: P = 50 - .20Q. Dave's demand for the public good is 30 - .30Q. The marginal cost of providing national defense is $40. What is the socially optimal level of national defense? Calculate the share of the tax burden for both John and Dave (in percentage terms) for national defense based on Lindahl pricing? Finally, let's assume that Republicans value national defense much more than Democrats (I realize this is a gross generalization). Based on this assumption (and not knowing anything else about John and Dave) who is a Republican and who is a Democrat? Explain

Reference no: EM13389619

Questions Cloud

Your finance text book sold 49000 copies in its first year : your finance text book sold 49000 copies in its first year. the publishing company expects the sales to grow at a rate

Describe in detail how voting situation would not lead to : mike bill and ed have different preference levels for their support for military spending on overseas operations. mike

Business culture is the context in which the measures exist : business culture is the context in which the measures exist. they are bound to each other in terms of context and

Bu using vrooms vie theory discuss why jacks performance : jack johnson has been an employee of abc inc. for the past 4 years. during that time he has been passed over for

Cmpute share of tax burden for both john and dave in : john and dave value national defense differently. johns demand for the public good is p 50 - .20q. daves demand for

Throughout this course you will prepare a 2500-word : throughout this course you will prepare a 2500-word excluding tables figures and addenda financial analysis of a chosen

Introduction include a brief explanation of the company : in addition to organizing sections of the marketing plan that you have been working on for your expansion you do the

The topic of my assignment that i chose is the legalization : the topic of my assignment that i chose is the legalization of medical marijuana in all fifty states. the main question

Using the normal tables what is the standardized z value : a manager wants to determine how many copies of a particular magazine that he should purchase each week.nbspnbspa study

User Account

All Pages