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Assignment - Investigate the income inequality in US.
1. Present a snapshot of income inequality in US
2. Discuss few factors that have contributed to the income inequality in US for past few decades?
3. What can be done to reverse that trend?
4. Provide an analysis into the concepts presented.
Payments to the fund will be made quarterly, starting theee months from now. If the interest rate for the sinking funs is 8% compound quarterly, how much will each deposit be?
You are the manager of a monopoly and your demand and cost functions are given by P=300-3Q, C(Q)=1,500+2Q^2, respectively. What is the profit-maximizing price and output?
Assume that annual inverse demand for a particular product is P = 150 - Q. the product is offered by a pair of bertrand competitors each with marginal cost of $75. and discount factor 9. Assume R&D is conducted at rate x, and incurs one off costs of ..
In defining development to include more than just the growth of per capita income, there is an implicit assumption that the growth of per capita income.
a.Prepare a table that shows total variable cost, average total cost, and marginal cost at each level of output.b.Plot the average total cost, average variable cost, and marginal cost curves for a single firm (remember that values for marginal cost a..
problem 1evaluate whether the following statements are true or falsebull as long as buyer are willing to pay a
Using the information from the completed table and the graph to identify the three stages of production and explain why the firm's short run production has only one 'rational' stage of production
How does elasticity factor into this discussion? Which types of products do we frequently see unique taxes for not just sales taxes on all products in general?
1. For the following 2-player nonzero-sum game, simplify the game as much as you can by eliminating dominated strategies.
Assume only two countries, China and the US. If China decides to stimulate growth through a policy of running a large export trade surplus, does China’s national saving increase? Show the relationship between China’s national savings, domestic invest..
What are the consequences for violating it? Why are laws like this good for protection? How do you propose to enact these standards when you are an administrator?
Soapy Inc. and Suddies Inc., the only soap- powder producers, collude and agree to share the market equally. If neither firm cheats, each makes $1 million.
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