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Assignment:
What would be a "good" thing for the government to tax? This is a hard question, so please think about it? Some things to keep in mind:
1. Demand for the product can't be too elastic or people will stop buying the product instead of paying the tax.
2. The government tries to make taxes "fair" - they don't want them to disproportionately impact people with lower incomes. This is why they don't tax food at the grocery store, diapers, feminine products, etc.
If she apportions some resources to each, then she can produce any linear combination of chickens and potatoes that lies between those extreme points. If James devotes all his resources to growing potatoes, he can raise 80 pounds of potatoes per y..
A brief description of any general findings of the literature survey (i.e. any common themes in the published literature with respect to their approaches).
Consider an air basin with only two consumer, Huck and Matilda. Suppose Huck's demand for air quality is given by q_h=1-p where p is Huck's marginal.
in the economy of ukzten in 2010 consumption was 60 of gdp government purchases were 212 imports were 67 and 67 of the
A risk averse person with a von-Neumann-Morgenstern utility index of: U = ln(Y) has a 20% chance that a disaster will reduce her regular income of $100,000.
Edward the entrepreneur takes two hours to cut a lawn, and he cuts 1,000 lawns per year, he use solar powered equipment thw will last forever and can be sold for $20000. the interest rate is 10 perent given his current output level, compute his margi..
The following article appeared on the front page of the Wall Street Journal on April 17, 1998: The public, by 79% to 17%, favors raising the minimum hourly.
17. assume a certain firm in a competitive market is producing q 1000 units of output. at q 1000 the firms marginal
Suppose that the market for gnomes is yet to reach equilibrium, and that the current price and quantity in the market for gnomes.
Please explain how the following factors may contribute to the difficulty of forming and/or maintaining OPEC's price and output agreements?
A manufacturing company producing medical devices reported $60,000,000 in sales over the last year. Atthe end of the same year, the company had $20,000,000.
Wade and Marti are thinking about swapping services. If Wade works one hour he can type two pages of a report or clean and gap four spark plugs. Marti, working.
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