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Attempt the following economic questions. Provide brief but clear explanations (30MARKS).
1. The economic theory of property taxation states that when a new (and permanent) property tax is imposed, only future owners of the property bear the burden of the tax
2. In evaluating the economic e?ciency of various commodity taxes, it is not safe to assume that the excess burden of a tax is measured well by the total amount of tax revenue raised by that tax.
3. Recently, some tax analysts have proposed a tax break that would allow people to save unlimited amounts of money in retirement saving plans where interest income is allowed to accumulate tax free. The e?ect of such a plan would be to raise the saving rate.
4. Because monopoly profits are simply an income distribution issue, the conditions for the Fundamental Theorem of Welfare Economics are satisfied in an economy with some odds provided by monopolies.
5. The theory of welfare economics suggests that the government should pay for development costs for new drugs.
What is a founders' agreement? Describe the purpose of a buyback clause and why it's significant. Mention and explain four (4) steps entrepreneurs can take to avoid legal disputes.
When a new business is started, or a patent idea need funding, venture capitalists or investment bankers will want to see a business plan that includes financial information related to profit and loss statement.
Were there any particular influences from power individual or deeply embedded organizational beliefs?
Andy noticed that the total asset is stated as $5,500,000 and the total liability is $3,250,000. There is no paid-in capital or value for common stock. What are the company's retained earnings?
What potential ethics issues do you see in this situation? Which AICPA Code(s) of Professional Conduct rules apply in this situation (explain how and why they apply)?
determine critical pathdetermine critical path and also need help in finding how to reduce the project time by a number
ABC Company is a regional distributor of aftermarket automobile alternators. It currently places orders for 250 unites at a time from a manufacture;s representative.
Perhaps no other concepts are more important to a successful marketing strategy than the concepts of differentiation and positioning. These have universal importance within every aspect of the marketing mix design. Using the 4P's as a template, des..
Explain how much wealth you will need to have accumulated by the time you retire if you expect to earn 6% on your retirement investment.
Explain the government acquisition process
Catherine believes that he is always engaging in political activity that is not in the best interests of the college. She explains him as a man who passes the buck and who is scheming and arrogant. Bernice believes that the dean is an effective ma..
Describe what a company must do in order to successfully implement a value based management incentive program.
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