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Assignment:
"Emission charges are actually transfer payments". Bearing in mind this statement, explain by means of a graph, how society benefits from emission charges.
what is limit pricing? a suppose your firm produces a product at a constant marginal cost equal to 1. suppose the
Reducing tax rates: Suppose the government decides to reform the tax system to reduce the marginal income tax rate across the board.
Hurdle rates. Assume that Hershey Foods has a policy that cost savings projects must earn a 16 percent hurdle rate and that new products must earn a 25 percent.
(a) Which robot is the better economic option? (b) Using the spreadsheet Goal Seek tool, determine the first cost of the robot not selected in ( a ) so that it will be the economic selection.
Which worker has an absolute advantage in counseling clients? Which worker has an absolute advantage in writing memos?
Government spending is often too small to have the impact that governments usually want to see on the economy. However, something occurs in the economy after the initial government injection which makes the end result much larger than the initial ..
Explain why are prices usually higher for goods or services in London as opposed to Newcastle, or New York as opposed to San Fran?
Now suppose that all firms are revenue maximizers, taking prices as given, subject to a zero-profit constraint. Why is it difficult to contemplate an equilibrium in a case where there is free entry?
Cypress River Landscape Supply is a larege wholesale supplier of landscaping materials in Gerogia. Cypress River's sales vary seasonally; sales tend to be higher in the spring months than in other months.
Popular software can cost thousands of dollars even though the marginal cost of producing another copy on CD. What kind of good are these programs?
The government is considering a policy to reduce air pollution by restricting the use of "dirty" fuels by factories. In deciding whether to implement the policy, how, if at all, should the likely effects of the policy on real GDP be taken into acc..
Make up your own linear programming problem involving the constrained maximization of an objective function with two variables and at least two constraints.
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