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Markets and government both allocate scarce resources. Please explain how government adjusts market outcomes though subsidies and whether Pareto efficiencies are achieved. Discuss the role of subsidies in the Affordable Care Act as explained in the assigned article "How Millionaires Get Obamacare Subsidies Intended to Aid the Poor" by Managan.
A firm makes two products, x and y. Inverse demand for each shows that pricing in one market depends on sales in the other according to the equation:What bundle of products (x∗ , y∗ ) should the firm produce.
Suppose instead that firm B can postpone its R&D decision for six months, by which time it will have learned the court's ruling on its patent. What is its expected profit if it waits? Depending on the court outcome, what actions should it take?
The inflation rate over a 10 year period for an item that now costs $1000 is shown below Year 1, 10% Year 2, 0% Year 3, 10% Year 4, 0% Year 5, 10% Year 6, 0% Year 7, 10% Year 8, 0% Year 9, 10% Year 10, 0% What will be the cost at the end of year 1..
Explain why the marginal rate of technical substitution is likely to diminish as more and more labor is substituted for capital.
How large is the US trade deficit relative to GDP
the represents the potential outcomes of your first salary negotiation after graduation assuming this is a sequential
write 400-600 words that respond to the following questions with your thoughts ideas and comments. this will be the
Identify the normative policy school (Keynesian, New Classical, Supply side, Monetarist, or Mainstream) which most closely represents your own normative policy views? Defend your position and offer at least one counter argument against the alternativ..
If the 2005 inflation rate in Canada is 4 percent, and the inflation rate in Mexico is 2 percent, then the theory of purchasing power parity predicts that, during 2005, the value of the Canadian dollar in terms of Mexican pesos will
The Haas Corporation's executive vice president circulates the memo to the firm's top management in which he argues for reduction in price of firms product. He says such a price cut will raise the firms sales and profits.
choose one of the following topics with which you have had experiencehiring performance evaluations discipline
use stata to analyze the data listed in the file anovadata.xlsx. the data are changes in fat-free mass in women after
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