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Question: In an otherwise distortion-free, perfectly competitive economy, the production of X is monopolised and the firm producing X makes positive profits for its owners. Consider the effects on the distribution of income and allocation of resources of the following suggested actions:
(a) taxing the profits made in the production of X and distributing them to the rest of the community;
(b) subsidising the production of X so that the firm produces the level of output that would be produced by a competitive industry;
(c) a combination of (a) and (b). Which action would you prefer to see taken? Would your preference be influenced by the knowledge that the owners of the firm in question were the otherwise penniless inhabitants of an orphanage?
A mutual fund was held by an investor for 575 days and earned a cumulative return of 23.74%. What is the annualized return?
Money Market Deposit Accounts : - How does a money market deposit account differ from other bank sources of funds?
What is the difference between the cash cycle and the operating cycle? Under what condition would they be the same? Which of the following would cause the present value of an annuity to decrease?
What is the value in 2010? What is Ackman's value?
your neighbor goes to the post office once a month and picks up two checks one for 13400 and one for 4400. the larger
By how much does Bradford's required return exceed Farley's required return? Round your answer to two decimal places.
Critically discuss the issues and challenges facing DBS bank when it arranged the bond issue for their customer, Swiber HoldingsLimited.
Digital Frames Linda Pfeltz is a videographer and owner of digital Frames, a company in Hickory, North Carolina, that records and edits videos for usiness, families, weddings, and special events. Linda wants to upgrade the company's computer system
Gina argues that although the act requires the management of a company to explicitly declare in writing that a company's financial statements accurately and fairly represent the financial results, no steps have been taken to ensure that this rule ..
What is the value of the imported supply of the manufactured commodity (including import tariff and import margin)?
1) Which one of the following items is not generally used in preparing a statement of cash flows?
short questions on risk management and measures of exposure.traditionally the analysis of foreign exchange exposure
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