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Supply-side economics advocates
a. demand management
b. supply management
c. decreasing marginal tax rates
d. all of the above
e. both b and c are correct
If she has to eat only whole servings, what will she have for breakfast, and how many calories will she consume? If she can eat partial servings, how would your answer differ?
Think of an externality in your community. Explain what type of externality it is. How can it be resolved (through the market and/or through government policies)?"
Producer and consumer surpluses are measures of:
If the initial investment in a project will cost $50,000 with expected benefits of $15,000 a year for 8 years, using 15% MARR per year. The net present worth for the project will be?
Using information given: What is average cost of first do these of a new drug. What about marginal cost of subsequent doses? Is this consistent with behaviour of costs for an information product.
Ingrid took a university teaching job as an assistant professor in 1974 at a salary of $10,000. Illustrate what is Ingrid's 2003 salary in 1974 dollars.
Would a lump-sum profits tax affect the profit-maximizing quantity of output? How about a proportional tax on profits? How about a tax assessed on each unit of output? How about a tax on input xi?
Assume there are two firms in a market who each simultaneously choose a quantity.
Why do restaurants shut down at a certain hour of the day, say 10:00 p.m? Why do movie theatres still show movies that have just a handful of movie watchers? What is the difference between accounting profit, economic profit, and normal profit?
The inverse demand for your product is P = 200 - 0.1Q in for tourists and P = 500 - 0.2Q in for business travelers. If you price discriminate, what are your optimal prices to the two types of travelers?
gdp per capita ppp current international for sub-saharan africa and uganda between the years 1980 and 2010.1. for
Illustrate what is the fed funds rate in the banking system. Explicates howthe Fed manipulates this rate in order to achieve macroeconomic objectives.
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