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Voters in the State of California decide that the tobacco industry is having too great an impact on the outcome of local referenda limiting smoking in public places. To curb the influence of that powerful lobby, so that the fate of the legislation is more clearly reflective of the will of "the people," they pass a law prohibiting firms in the tobacco industry and tobacco industry associations from
(a) purchasing advertising related to smoking-related referenda, and
(b) making cash contributions to organization involved in campaigns related to antismoking legislation.
Several tobacco firms challenge the law. What is the constitution basis for their challenge? Why will they be likely to succeed or fail?
A credit card company wants your business. If you accept their offer and use their card, they will deposit 1% of your monetary transactions into a savings account that will earn a guaranteed 5% per year. If your annual transactions total an average o..
Illustrate what is approximately the maximum amount the rm is willing to pay to be allowed to use e more units of input x, for e small
q1. consider a firm using a single variable input labor and a single fixed input capital. please explain what will
q.paolo currently has 100000 invested in bonds that earn him 10 percent interest per year. he wants to open a pizza
Explain why capital flows cause imbalances in the current account. Post to the discussion board your 200 word answer focusing on selecting and organizing your most relevant comments in a coherent fashion.
What is the equivalent annual worth of costs for the website over a total of 6 years at an interest rate of 12% per year.
How might advertising make markets less competitive? How might it make markets more competitive? Give the arguments for and against brand names.
Suppose that Taher's pizza business operates under competitive conditions and that his short-run production function is q=20^E. How much labor does he employ if the price of each pizza is p = $12 and the hourly wage is w0 = $6? [Hint: In this case, i..
Suppose that each person has playing cards numbered 8 and 6. Playing the 6 "pulls" $6 (from the experimenter's reserve) into one's own earnings, and playing the 8 "pushes" $8 (from the experimenter's reserve) to the other person's earnings. Draw the ..
Suppose that a monopolistic company faces the consumer demand curve. Find out the profit-maximizing quantity of the product.
Trace out exactly where this 100 increase in income goes in the second round and compare to our simpler treatment with a closed economy and lump sum taxes.
Enter a whole number as your answer, if you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions.
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