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If insurance premiums are going to be set below the actuarially fair level for a certain group, who will likely be targeted to make up the difference?
government regulators and taxpayers
insurance company shareholders
other buyers of insurance
taxpayers or other buyers of insurance
Do Bill Easterly and Jeff Sachs agree or disagree over the impact of imperialism and colonialism in the past on the situation in poor countries today? Be sure to explain both positions. Which position is more persuasive? Why? Explain.
Complete the columns for to conclude the profit maximizing output for this firm. Draw the relevant graph to show the profit maximizing output.
An increase in autonomous investment will cause equilibrium output to increase
Outline the differences between active and passive policy and explain how the two approaches differed in their assumptions about how well the economy works on its own.
A deceptive practice is that one that misleads a _______consumer and where the conduct resulted in some sort of detriment to the consumer.
If the marginal product per dollar of capital is $2, the marginal product of labor is 20, the price of labor is $10 and the marginal product of land is 32, what is the price of land?
The time series Xt is generated through the ARIMA model. Where B is the back-shift operator, and at is white noise.
Jimmy's Clothing Store headquarters are in California whose corporate tax rate is 8.23% regardless of earnings. . The corporation expects its revenue in 2015 to be about $8,597,877. Base you answer on assuming that number wil be correct. Considering ..
Illustrate how much consumer surplus does he receive. What is the highest price you can charge for the "all you can eat" special and still attract customers.
Consider a Cournot duopoly with the inverse demand p = 130 - Q. Both firms have constant marginal and average cost MC = AC = 10. Find the Cournot-Nash equilibrium output and profit of each firm. Calculate the con-sumer surplus and DWL.
crew brew of wisconsin plans to build a microbrewery on a small stream in that state. after sampling water from the
When companies in oligopolistic industries announce a proposed merger, it is often met with resistance from antitrust authorities (such as the Federal Trade Commission (FTC) and the Department of Justice (DOJ) in the U.S.). In the U.S., we have seen ..
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