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Describe different types of nontariff trade barriers that help trade protection in the united states.
There is a pre-tax price of 5 cents per ounce on sugary beverages and they are imposing an excise tax of 1 cent an ounce. The per capita consumption is 100 ounces. Price elasticity is -1.2. What is the post tax per capita consumption?
Suppose the initial price of apples is $1 per lb. and the price of orange is $2 per lb. A typical consumer has income $10 and spends all his income on the two goods. The consumer buys 4 lbs of apples at the initial price levels. Later the price of ap..
A woman complained to "Dear Abby" that a laundry charged $1.25 each to launder and press her husband's shirts, but for her shirts - the same description, only smaller - the laundry charged $3.50. When asked why, the owner said, "Women's blouses cost ..
What economic principle determines the optimal rotation period of a forest resource?
What are Green House Gases (GHGs)? What are the most common GHGs in energy production and consumption? Using the definition of Climate Sensitivity, discuss how GHGs impact Climate Sensitivity.
350 words please list references How relevant are the traditional principles in the 21st century? What are the three traditional principles of international peacekeeping? Are all three still equally relevant today? Explain why and or why not. Us..
Carrboro has three equal-sized groups of people: (1) type A people consistently prefer more police protection to less; (2) type B people prefer high levels of police protection to low levels and they prefer low levels to medium levels; Which types of..
Consider the Solow model without technological progress (A= 1). The production function is given by y=k1/2, the savings rate is 30%, the population growth rate is 2% and the depreciation rate is 10%. What are the long run levels of capital, income an..
Which of the following payment plans does NOT give an incentive to a manager to stop shirking?
Sales plays an important role in allowing a business to maintain long-term relationships with customers. Sales force structures can be critical in allowing companies to distribute their products to their customers effectively. Typical sales force str..
Suppose there are 100 workers in the economy in which all workers must choose to work a risky or a safe job. Worker 1’s reservation price for accepting the risky job is $1; worker 2’s reservation price is $2, and so on. Because of technological reaso..
Assess the impact of the following on the marginal efficiency of capital and related optimal health stock (include a graph in your explanation): An increase in the depreciation rate of aging, An increase in level of education.
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