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Q1. What are the marginal income tax rates and levels paid for different income levels? How much income gets you into the top quartile or quintile? Discuss the issues of regressive, proportional, and progressive taxation. Justify how much your marginal rate should rise and what actions such a rise would cause you to take.
Q2. Suppose the market for widgets is perfectly competitive. Furthermore, suppose the total cost curve for a typical firm in this market is TC = 309 + 4q2 where q represents the quantity of widgets sold by a single supplier. Suppose that there are 31 sellers in this market, sharing a market demand given by P = 1378 - 3Q, where P represents price per widget and Q represents the market quantity of widgets sold. What is the short-run equilibrium quantity in this market?
Distinguish between the two types but knows the probabilities of each type. What would be the result in this market for loans.
Based on the revised (1997) merger guidelines, would the Antitrust Division likely challenge a proposed merger between.
Characteristics of Proprietorships what percentage of sole proprietorships is engaged in retail trade? Why might more sole proprietorships be engaged in services rather than manufacturing?
A machine used to cereal boxes dispenses, on the average, ounces per box. What is the largest value.
The annual operating and maintenance expenses are estimated to be $1,000. If Convington's MARR is 15%, how many years will it take before this machine becomes profitable.
The short-run and long-run effects of this change for the levels of per-capita output, and the growth rates of (total) output and per-capita output.
The consumer is indifferent between B and a lottery ticket with probabilities. Construct a set of von Neumann - Morgenstern utility numbers for the four situations.
Advertising is powerfull strategy to make people aware about company products and services and for this case is to emphasize reliability and low price, this effort will help the company to sustain in this area and to develop a customer franchise a..
In a typical day the store sells some of each type of cola, which suggests that Major League Baseball has adopted FOA because it fears that regular binding arbitration is addictive.
The company wants to replace office equipment like machines and computer at assorted times over the five year planning period.
Explain the logic of the Ricardian view of government debt and evaluating its practical relevance.
Differentiate the equilibria of model. Also the classification should be a function of the bliss point of the candidates.
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