Reference no: EM131350973
1. Explain why excise taxes are more effective at raising tax revenues when applied to products with price inelastic demand versus ones with price elastic demand. Under what conditions would it be possible for tax revenues to decline with higher excise taxes?
2. Discuss each of the pricing strategies below. What conditions are necessary to make each strategy successful in terms of increasing profits? Explain your answer.
a. A local restaurant/bar offers discounted drinks during "happy hour," from 5 to 6 PM on weeknights.
b. The price Company X charges for its ink cartridges is nearly as much as it charges for a printer.
c. Packs of 5 T-shirts cost $10 while an individual T-shirt costs $4.
d. Coupons for specials at a local grocery store can be downloaded from an online site.
e. Computer and appliance manufacturers promote service contracts.
f. Microsoft Office includes several programs in one package
3. If an auction house is selling products to risk neutral buyers, which of the types of auction would you recommend? If you are a potential buyer, what might your strategy be? Support your answers using economic analysis learned in this course.
4. Explain how incomplete information can cause market failure. Give at least one example of this type of market failure and explain how government intervention has been used to correct the problem. How effective has this form of intervention been? Use the material from this course to support your answer.
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Describe the results in a brief paragraph
: Are there any main effects?- Is there an interaction?- Graph the means.- Describe the results in a brief paragraph.
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Are each of these ever found with a constant nonzero value
: With an oscillatory value? Explain why some of these cases do not occur, and what the nucleons are doing in cases that do occur.
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Participants needed completely independent groups assignment
: How many different participants do you need for a completely independent groups assignment, a completely repeated measures assignment.
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Issue new stock to finance its capital budget
: Assume that you are on the financial staff of Vanderheiden Inc., and you have collected the following data: The yield on the company's outstanding bonds is 7.75%, its tax rate is 40%, a year, the price of the stock is $15.00 per share, the flotation ..
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Effective at raising tax revenues
: 1. Explain why excise taxes are more effective at raising tax revenues when applied to products with price inelastic demand versus ones with price elastic demand. Under what conditions would it be possible for tax revenues to decline with higher ..
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What ethical traits concepts and principles are presented
: Develop a 2 slide PowerPoint presentation, including detailed speaker notes, on the effect of ethical reasoning and decision making in graduate school. What ethical traits, concepts, and principles are presented in this article?
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Fda regulation protect consumers
: 1. How does this FDA regulation protect consumers? 2. Why did the company voluntarily change its product name? 3. What effect did this regulation have on the company and on consumers?
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What about ? -decaying states
: What are the differences between single particle states and many particle states? How are they related? What about γ -decaying states?
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