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Rent control is an example of a price ceiling. Price ceilings keep prices low for consumers. We can clearly see that landlords are worse off. Consider if there is an argument to be made that consumers are worse off, too. After watching the Seinfeld video clip (rent control), discuss how some consumers are made better off and some are not in a rent-control situation.
In 150-200 Explain the economic benefits of the Kyoto Protocol?
Reflect upon a time when you worked with an ineffective leader? What made this person unsuccessful?
What do temporary changes in the tax code do for incentives? Does this encourage long term planning? Should the government encourage long term planning? Should the Government use tax policy to change behavior?
Assume which, in the efficiency wage model, it becomes more difficult for the ?rm to distinguish high-ability workers from low-ability workers in the labor market.
Illustrate that there are any extra costs or benefits due to this shift.
Integrating problem Samantha Roberts has a job as a pharmacist earning $30, 000 per year, and she is deciding whether to take another job as the manager of another pharmacy for $40,000 per year or to purchase a pharmacy that generate revenue of $200,..
Compute the HHI index for each of the following industries. Which industry is the most concentrated. An industry with five firms that have the following market shares.
West Paragon, a developed economy, has been experiencing stable and low inflation for the last two years. There is consensus that the current unemployment rate of 4 percent is also its natural rate of unemployment.? In claiming that an expansionary m..
The expected resale value after 4 years is $500. Determine the book value after 2 years using the following depreciation methods:
What factors influence a firm's competitive strategies? How would global competition affect those strategies? Use examples to support your answer.
Suppose you purchased a 25-year, $2.5 million deep discount bond when it was intially offered. Four years later you sell the bond and market interest rates have risen from 6.25% to 8.54%. Calculate the initial price of the bond. Calculate the current..
Future annual maintenance costs are expected to be higher. What is the economic life of this machine tool if it is kept in service?
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