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The theory of public choice
is the study of collective decision making.
is the study of how negative externalities can be reduced.
considers government decision-making efficient.
is the theory of how government decides on what military hardware to purchase.
Illustrate what is the equilibrium price for computers in the market. How many units of computers will be sold at this price.
Many factors affect the supply and demand of carbonated sodas.
You are a manager working with a multicultural and diverse workforce. Given the existence of the wide variance, how would you or an executive manage national cultures, political systems, economic systems, social systems, languages and corporate cultu..
What is the social optimum? What specific tax per unit of output of gunk results in the social optimum.
Why is the money multiplier considered to be a potential multiplier rather than an indication of exactly how much multiplication should be expected?
From the list below, select the components or inputs associated with the production function where GDP is the output. There is more than one possible answer. Capital deepening, population, physical capital, aggregate supply, aggregate demand.
In the short run, at a market price of $15 per shirt, this firm will choose to produce shirts per day. On the previous graph, use the blue rectangle (circle symbols) to shade the area representing the firm's profit or loss if the market price is $1..
A perfectly competitive firms average fixed cost function is AFC = 30/Q, its average variable cost function is AVC = 6 + 0.1Q, and it marginal cost function is MC = 6 + 0.2Q. The firm optimizes by producing the level of output that maximizes profit o..
barbers who have turned farmers will drive down wage rate but will still be earning more than if y had remained barbers. Who benefits from technological progress in farming Farmers or barbers.
If the company has not paid dividends, discuss why think the company is not paying dividends or whether they should consider adopting a dividend policy.
annual cost of $10,000, and a salvage value of $5,000 after its 10 year life. At an interest rate of 10% per year, what is the capitalized cost of the alternative?
A nation has a tax rate of 20% on the first $20,000 of taxable income, 30% on the next $30,000, 40% on the next $20,000 and then 50% on all taxable income above $70,000. Find the ATR of someone with a taxable income of $100,000. How much is a tax cre..
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