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The adoption of a consumption tax would have a significant effect on the market value of certain assets. Which assets are likely to decrease in value? Which to increase in value? Should the government do anything to compensate the losers or to tax the gainers?
Suppose the market for cotton is perfectly competitive. A representative firm's short-run marginal cost is given by SRMC=5+Q, while their minimum average variable cost is $7. If the market price of cottion is $20 per unit, how much should the firm..
Five members in a family own a farm in rural Mexico. 2 people = $1600 TFO. 3 people =$3000 TFO. 4 people = $2300 TFO and 5 people = $2500 TFO. Each member has the opportunity to migrate to the nearest city where there are two different types of job..
How many kilometres will he ride each weekend? [Hint: Think of this "value" equation as demand, and this "cost" equation as a (horizontal) supply.]
A distillation column is purchased for $300,000. The firm finance 40% of the investment with its own resources, and the rest with a loan to be repaid in 10 equal semiannual payments at an interest rate of 6% compounded semiannual. (Hint recall tha..
Which of these colonies became more like "Creole societies," and why? Were these colonies more similar or more different, and why?
Equate the new supply and demand functions and solve for the new equilibrium price and quantity.
Your firm designs training materials for computer training classes, and you have just received a request to bid on a contract to produce a complete set of training manuals for an 8-session class. From previous experience, you know that your firm f..
the football coach at midwestern university was given a 5 year employment contract that paid 225000 the first year and
Why is the optimal value of γ not equal to some γ∗ ≥ 1/(1- β)? Provide an interpretation in terms of the trade-off between level and growth effects.
What do you think happened to the equilibrium price of the services of the most exceptional individuals? How do you think
The income tax system in a country requires each citizen to pay 10% of income on earnings up to $40,000, and then pay 20% on any earnings over $40,000. If an individual has an income of $69971, then what is his marginal tax rate, in percentage te..
Since the VPAc€?cs trust you, they asked you to figure out the most they should pay for a license from SohnCo.
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