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Question 1
A) Demand and supply analysis. the Australian government has proposed a stimulus policy for the Australian economy that includes subsidy payments to households to refit Australian homes with insulation in order to both stimulate economic activity and to increase the energy efficient of Australian homes. the outcome will depend on the response of households and Australian producers of insulation materials,( i.e. the demand and supply characteristic of the market of the market for insulation materials). using hypothetical demand and supply curves for insulation materials describe and comment on the implications of the following possible scenarios.
B) Explain cost-benefit analysis, outline the application of different steps in cost-benefit analysis.
Draw an example of a monopoly with a linear demand curve and a constant marginal cost curve. Show the profit-maximizing price and output, p* and Q*, and identify the areas of consumer surplus, producer surplus, and deadweight loss. Also show the qua..
What are the studies that control for changes in technology, capital availability and perhaps other factors and quantify the impact of merger control on economy-wide market structure/concentration measures?
Taylor, a securities lawyer for a major Wall Street law firm, worked on numerous successful takeover bids of companies listed on the New York Stock Exchange. Rogers and Price defend that they were merely acting on stock market tips received from a pe..
Fred Smith, the inventor of FedEx, came up with a new product called Zap Mail in the mid 1980's. Zap mail, although a monopoly, was not successful. The company lost about $390 million on Zap Mail before the product was eventually discontinued. -- How..
If you were the angel investor, what is your certainty equivalent for these two projects? Are you risk-averse, risk-neutral, or risk-lover?
If indifference curves are convex to the origin, then a. More is preferred to less b. Willingness to trade one good for the other is constant regardless of how much you have of each good c. Averages are preferred to extremes d. None of the above
Discuss some of the principal historical developments in the origins and evolution of white collar crime law. Which factors promoted and which factors hindered the development of white collar crime law in the United States? How does the dialectical p..
To purchase a house for $80,000, a new couple has $12,000 available for down payment. get a new standard mortgage with 10% APR interest compounded monthly for a 30-year term. What is the effective rate for option 2 per year? Compute the monthly payme..
Explain why some developing countries have a "fear of floating" and opt instead for a fixed exchange rate regime. What are the risks inherent in this decision?
Explain why it is an equilibrium under these assumptions for: the high-ability workers to earn the degree and be paid $40,000, and the low-ability workers to not earn the degree and be paid $20,000.
1). List three businesses that can exist today, because of the World Wide Web that could not have existed before the advent of this technological communication system. 2). How has the World Wide Web supported the establishment and functioning of th..
The tax still needs to be approved by both houses of Congress and the process is enacted in the next period (t+1).If the only goal of the income tax is to maximize revenue, say, Revenue t = τYt. What can we say about economies A and B at time t (i..
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