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1. Would a dynamic approach to taxation be more likely to lead to economic growth than the static approach in a country with a falling tax base? What about in a country with a growing tax base? 2. If free riders cannot be excluded from consumption of a good at a reasonable cost, is this a public good? 3. Should everyone else be taxed in order to provide you with free movies? 4. The U.S. government decides to remove all restrictions on drug imports and as a result there is an increase in the number of deaths due to adverse selection. Is this the same result as with a negative externality? Could a solution to the asymmetric information problem be the same as with a negative externality? 5. What is a tax cartel and how would it effect your ability to evaluate the relative production costs among firms in a given industry that are conducting business within countries belonging to the tax cartel? 6. Why is it important for less developed countries to protect intellectual property rights? Is there any incentive for a less developed country to choose not to protect intellectual property rights? 7. City officials contract with organized crime to clean up a polluted area but instead of taking the pollution to a designated dump site that is farther away the crime syndicate dumps the pollution in the local river. Does the intersection of the increasing marginal cost of pollution abatement and the diminishing marginal benefit of pollution abatement produce a socially desirable outcome?
A huge increase in resource costs causes the price to rise to $9 also Block's only manages to sell 460 bottles of perfume.
q1. estimate the malthusian population momentum treatise to the current 3rd world population growth crisisq2. home is a
Suppose firm sets an entry fee plus per-unit price for each consume. It can tailor entry fee and per-unit price to individual consumer. Illustrate what are best (profit-maximizing) entry fees and per-unit prices for it to set. Illustrate what is t..
Medium household income in County C is $54,021. Medium household income in Country D is $28,739. In County C, 17.4 percent of residents smoke. In County D, 28.4 percent of residents smoke. What is the arc income elasticity of demand for tobacco use?
Consider the following scenario: A toxic waste dump in Alabama has seepage that leaks into the groundwater. Groundwater is used by local residents for drinking and cleaning, in addition to supplying water for irrigation of local agriculture. What doe..
Write a letter of proposal to a local retailer to carry a specific product or provide a specific service. Gather data from friends, family, coworkers and other target market consumers to justify the need for the product in this specific retail locati..
The distribution of family income is preferable than the distribution of household income because
Summarize Kuznets's Inverted-U Hypothesis and discuss the conceptual merits and limitaions of this hypothesis, especially in reference to African countries.
Answer the question below by assuming that the following conditions prevail in the banking system: Reserve requirements equal to %10 on demand deposits accounts. Currency in circulation amount to $40 billion - Savings and Time deposits amount to $400..
A monopoly sells its good in the United States, where the elasticity of demand is -2, and in Japan, where the elasticity of demand is -5. Its marginal cost is $10. At what price does the monopoly sell its good in each country if resale is impossible?
Write 3-4 paragraphs pertaining to the theme below, be detailed on your work: The nuances and intricacies of nineteenth and twentieth century political and economic ideology The relationships among war, economics, and politics in twentieth century Eu..
If the money demand and money supply curves shift leftward, we can conclude that the equilibrium:
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