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Question
Show the formula and explain how a 0% import tariff on raw materials gives Dell more protection than a 5% import tariff on raw materials when the nominal tariff on final products for Sony is 10%.
Explain why Dell still benefits as long as the intermediate good tariff is lower than the tariff on final products.
The government levies a $0.10 tax on producers of tulips. The new equilibrium is at P2=$0.55 and Q2=1500. What is the deadweight loss associated to the tax?
In what ways has the U.S. system been affected (positively and negatively) by these regulations?
Assume that insurance is purchased annually and that violations register at the end of the year-just in time to affect next year's insurance premium
Provide two examples of actions taken by a company, government, or organization whose effect is to prevent specific markets from reaching equilibrium. Illustrate what evidence of excess supply or excess demand can you cite in these examples.
Suppose a firm’s production function is given by the following equation: Q = min(5K, 10L). If the firm is using 4 units of capital and 3 units of labor, how much output are they producing? Is this firm operating efficiently?
Consider a corrupt provincial government in which each housing inspector examines two newly built structures each week. All the builders in the province are unethical and want to increase their profits by using substandard construction materials, but..
1. Define organizational communication 2. What interesting about the subject of organizational communication
What is the probability that more than 200 cars will require service work in a particular month? What is the probability that fewer than 175 cars will need service work in a given month?
Predatory acts of firms are generally against the law in the United States. Specifically in terms of pricing strategies of firms in various market structures, however, it is possible for competing firms to work together to determine a solution benefi..
How do government policies and/or regulations factor into changes in economic activity on both a domestic and global scale? Give a specific example of a policy or regulation that has helped economic activity.
Review Netflix most recent balance sheet, income statement, statement of stockholders' equity and statement of cash flows. Pay particular attention to sales and net income for the last two years. Comment on 2-3 items that you find remarkable on any o..
Assume that banks lend out all their excess reserves. Currently, the legal reserves that banks must hold equal 11.5 billion$. If the Federal Reserve decreases its reserve requirement from 10% to 5%, then there is potential for the whole banking syste..
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