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If the average annual income of a family is $6,500 per family, each family consumes 200 pounds, with an estimated 10 pounds, and the average price per pond is $1, and the population is one million people.
The government wants to provide adequate nutrition to the families so that each family is able to afford 250 pounds of meat per year. This can be done by transferring income to the families by the government. What is the cost of this program.
Describe the ultimate goal of the product campaign for the new shampoo. Discuss your methods for achieving this goal.
Assume that someone told you that an increase in price of DVD players caused the decrease in demand for DVDs. Is this what you would predict? Why or why not?
Determine the total tax collected by the government on widgets. How much of this tax is paid by consumers? by producers? Show all calculations and explain your work.
Employ an isoquant and isocost diagram and words to show how firms will respond to the decrease in the wage rate. Be sure to identify the short run scale effect and the long run substitution effect.
The problem belongs to Economics, mainly to Micro-economics and it converse about a firm operating monopolistically in a competitive market ends up with super-normal profit with advertisement.
do some research on great depression and the new deal. also look up keynesian economics. based on the research could
Income tax payments - primary objective of a for-profit firm - reduce Agency Problems, executive compensation - primary differences between the standard deviation and the coefficient of variation as measures of risk
Who has a comparative advantage in producing wine and who has a comparative advantage in producing schnitzel?
In Tobin s analysis of the speculative demand for money, people will hold both money and bonds, even if bonds are expected to earn a positive return. Is this statement true, false, or uncertain? Explain your answer.
Find the market equilibrium interest rate and level of investment. Now the Odiland government has decided to build a dam. Originally, the Odiland government budget was balanced, but this project will give the government a deficit of $20 million. Gi..
Describe the main economic and ethical issues related to the introduction of (illegal) P2P file-sharing technologies on the recorded music industry.
Explain the tools used to pursue expansionary and contractionary fiscal policy. During which phases of the business cycle would each be appropriate? Explain what is meant by a built-in stabilizer and give two examples
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