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If production causes an external cost and the supply including the externality is given by 1/3P=Q. What is the socially efficient price if demand is Q=30-1/2P?
What is meant by tax incidence? Does it matter for the incidence of a tax on the sale of a good if the tax is placed on the seller or if it is placed on the buyer of the good? Explain.
Explain each of the functions of market logistics. How does it fit into the broader concept of supply chain management (SCM)?
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Suppose that the pre-tax price of cigarettes is $3.00 per pack and the post-tax price of cigarettes is $4.00 per pack. The tax is $1.50 per pack and is paid by the retailers of cigarettes to the government. Six hundred packs were sold prior to the ta..
You decide to start a business that provides computer consulting advice for students in ur residence hall. what would be an example of an implicit cost you would incur in operating this business ?
You take $1000 you had kept under your mattress and deposit it in your bank account. If this $1000 stays in the banking system as reserves and if banks hold reserves equal to 20 percent of deposits, by how much does the total amount of deposits in th..
Using the cases of elastic demand and inelastic demand, discuss the impact of total revenue on these demand curves.
1. Compare and Contrast TCP congestion and flow control 2. Describe how TCP handles packets received out of sequence 3. Explain three advantages of IPv6 versus IPv4
You are the manager of a firm that produces and markets a generic type of soft drink in a competitive market. In addition to the large number of generic product
According to the monetary policy, the Federal Reserve: sticks to its inflation target and pays little attention to the recessions. raises interest rates whenever unemployment increases. lowers interest rates by selling government bonds or. adjusts in..
Activity-based costing uses: A. multiple cost pools to develop a single allocation rate B. multiple cost pools to develop multiple allocation rates C. a single cost pool to develop multiple allocation rates D. a single cost pool to develop a single a..
Suppose the long-run Phillips curve shifts to the left. For any given rate of money growth and inflation, how would unemployment and output change?
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