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Interestingly, there is almost unanimity across the American political spectrum about the need for tax cuts. Americans seem to talk of tax cuts so frequently it is surprising they still have any taxes left to cut. Do think tax cut will be beneficial to the U.S economy?
Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car deal..
If cost to Fruit of the Loom to producing women's underwear is C(Q) = 1 + 4Q (in cents), compute the number of women's underwear.
Illustrate what are the comparative advantage that would exist when the selected country has a margin of superiority.
According to Rodney, what was the contribution of Africa to the development of capitalist Europe during the colonial period?
How were slaves involved in the New England economy in the 17th and 18th centuries and biotech is just one of several up and coming industries in Massachusetts. Give some reasons that Biotech has clustered here and what are some other industries t..
based on the criteria used by the bureau of labor statistics bls identify each persons status as employed unemployed
All economics textbooks give examples that show diminishing marginal utility as consumption rises-However, it could be argued that a rational buyer should never experience negative marginal utility. Why?
Calculate the multifactor productivity figures for labor and capital together. Elucidate why these figures might be greater in the subsidiary.
Calculate the level of output for which the total cost of production using Method X is equal to the total cost of production using Method Y. Calculate the total cost of production per period for Method Y at this output.
Making dresses is a labour-intensive process. Indeed, the production function of a dress-making firm is well described by the equation Q = L - L 2 /800, where Q denotes the number of dresses per week and L is the number of labour-hours per week.
The firm need a combination of one unit of capital and two units of labor per hour to make ten units of output. The technology is such that an increase in labor has to be accompanied with an increase in capital, and a decrease in labor has to be a..
In a situation in which a gift certificate leads a consumer to purchase a greater quantity of an inferior good than he or she would consume if given a cash gift of equal value. Is this always the case? Explain.
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