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a. What is cross-subsidization (price shifting)?
b. Is it as prevalent today as it has been in the past?
How do tax and redistribution programs affect incentives? How do social insurance programs affect incentives? Describe some of the trade-offs involved.
Alpha and Beta, two tiny islands off the east coast of Tricoli, produce pearls and pineapples. The following production possibilities schedules describe in their potential output in tons per years. Do not graph or illustrate - only provide numerica..
Suppose the demand for a firm's product is estimated to be P = 200 - 2Q from which it can be shown that TR = PQ = 200Q - 2Q2 . The cost of producing and selling the product is known to be TC = 625 + 50Q + 3Q2 .
The demand for Airplanes is represented by this equation : Qd=53,230 - .8V+.05Vr-3,600Vh + 4T V is the Price for Airplanes Vr is the price per trip in boats Vh is the price per gallon of gasoline T is the average income of a consumer
Polla Chilena de Beneficencia S.A. operates the national lottery of Chile. The unit of currency is the peso (CLP); 1.00 CAD = 496.307 CLP at 18:00 PST May 25, 2012. Arturo Cousiño has won 500 million CLP on the national lottery.5
Jen left a job paying $60,000 per year to start her own florist shop in a building she owns. The market value of the building is $150,000. She pays $40,000 per year for flowers and other supplies, and has a bank account
Explain why the futures prices are not generally equal to the spot price-the price paid today to receive the foreign currency today. See whether you can explain the difference between the relationship of spot and futures prices for the pound and y..
What are the pros and cons of each from a government perspective?
There are currently 10 identical firms in the perfectly competitve gadget manufacturing industry. Each firm operates in the short run with a total fixed cost of F and total variable cost of 2Q^2, where Q is the number of of gadgets produced by eac..
If the cost of capital for both methods is 9 percent, which method should be chosen? Why?
Contrast the results on convergence from the diffusion theories with those from the Ramsey model. Is it feasible to distinguish the theories empirically? If so how?
You've been debating on making a purchase for yourself. This is a product you've wanted for a while, but one that requires budgeting because you will be making monthly payments.
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