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Crimes Against Public Order. In some legislative contexts, public interests take precedence over individual rights and freedoms, and the crimes appear to be "victimless." One example of this is the criminal prohibition of prostitution. Please explain and analyze the rationale for the enactment of crimes which are arguably in this category, and give the pros and cons for such legislative action. Give several examples of crimes in this category and use the examples to illustrate the justification for and criticism of the enactment of "victimless crimes."
The inverse demand curve for a Stackelberg duopoly is P =1847 - 2Q. The leader's cost structure is CL(QL) = 10QL. The follower's cost structure is CF(QF) = 21QF. Find the follower revenue
q1. give examples of two consumer goods in your daily life. any goods from all should be of higher demand than supply
An economist gives the following advice to a museum director: “You should introduce “peak pricing”. At times when the museum has few visitors, you should admit visitors for free. And at times when the museum has many visitors, you should charge a hig..
Which of the following variables would you use in a regression analysis in order to find a signifcant correlation with exchange rate pound/dollar (Y variable).
Assuming that the price level is P = 1, find the equilibrium real output, interest rate, consumption, and investment. Organize your results in the following table. (Hint: You should solve both the goods market and the money market equilibrium.) Now a..
Explain the concepts of intrinsic value and economic value added for Federal Express and United Postal Service. Discuss financial (e.g., ratios and balance sheets analysis) and non- financial variables at play in valuing the two companies. Explain ho..
Should you raise the price of your widgets? What will be the effect on total revenue? Include elasticity, consumer and producer surplus, utility maximization, consumer equilibrium.
You and your neighbor meet at the University Inn. Your neighbor suggests that the trouble is too much government spending in the economy. Outline how this may be correct, in terms of fiscal policy. A Wall Street Journal writer enters the argument and..
Assume that the average firm in your company's industry is expected to grow at a constant growth of 6% and its dividend yield is 7%. Your company is as risky as the average firm in the industry. what is the estimated value per share of the firm's sto..
Indicate which curve shifted (demand curve, supply curve or both) and in which direction – for each of the following situations: *The price of furniture rises as the quantity bought and sold falls. *Apartment vacancy rates increase while average mont..
The demand for economics textbooks is very inelastic, but the supply is somewhat elastic. What does this imply about the incidence of an excise tax? Illustrate with a diagram.
Would the worker be better or if, instead of the health insurance, she was given a £100 per week pay increase which would be taxed at 20%.
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