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The tax on cigarettes in New York City is the highest in the nation- $5.85 per pack. Does this tax raise a lot of revenue for New York City? Why or why not? What are some of the secondary effect of this tax?
Show whether or not the above production function exhibits diminishing marginal productivity of labor. Determine the nature of the Return to Scale as exhibited by the above production function.
"Consider the following statement: "Employers should be able to replace permanent workers during a strike." Do you agree? Explain why."
q.the market for water in urban areas in australia is often dominated by one provider for example sydney water in the
how much are households paid for providing entrepreneurial ability.
Discuss what a manufacturer of each product might do in the short run to increase production. Illustrate how does the long run differ for these products.
Under which circumstances do you think an employee should be monitored? Based on the circumstances you have identified, how often should the employee be monitored?
Assume that the country initially has no restrictions on trade also then imposes an import quota
If industries collude, Illustrate what will be monopoly cost (optimal cost P*), total output of two industries (Q= q1 + q2) and total profits of two industries.
The following equations represent the inverse supply and demand functions in the market for Good A:. QD and QS are the quantities demanded and supplied, respectively. Suppose the government imposes a tax of $6 per unit of Good A. What is the incidenc..
Could not Ethiopia become a world class producer and exporter of goods? How would Ethiopia compare with Japan? Japan is a country relatively POOR in natural resources, yet it is an economic world powerhouse. What are the differences between the tw..
What if you knew that in Firm A the quantity of labor demanded is 15,000 when the wage is $11 and 17,000 when the wage is $8.
Which economic decision makers determine the demand for labor. What are their goals. Illustrate the decision criteria do they use to reach their goals.
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