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Answer for each question should be 200-250 words. 1. The simple case of a fixed per-unit tax is indicative of more complicated ones. Consider a proportional sales tax and a progressive sales t
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My friend drives a 2010 Nissan Altima with 105,500 miles.
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A recent marketing survey shows that the Santa Barbara exhibits a high growth in bathing suit market.
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Please assist me to write a brief summary involving the following article:
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Aristotle Murphy owns movie theatres in two towns of roughly the same size, 100 kilometers apart. In Monopolia, he owns the only chain of theatres...
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Advanced Electronics manufactures DVDs and sells them directly to retailers who typically sell them for $20. Retailers take a 40% margin based on the...
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Consider a world in which prices are sticky in the short-run and perfectly flexible in the long-run. APPP may not hold in the short run but does hold...
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marginal revenue product equals a. marginal revenue multiplied by marginal product b. total revenue multiplied by total product c. marginal revenue...
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uppose that Ike is loss averse. In the morning, Ike's stockbroker calls to tell him that he has gained $1000 on his stock portfolio.
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IBM Global Business Services IBM Institute for Business Value Attaining sustainable growth through corporate social responsibility Corporate Social...
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You only buy apples and bananas. Your budget is such that you can purchase 3 apples and 4 bananas or 9 apples and 2 bananas. Write down the equation...
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Fast food workers have demonstrated in several cities over the last few months for a $15 minimum wage, often referred to as a living wage.
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Would the following events usually lead to capital deepening? Why or why not?
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Sunk costs have ________.
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The marginal cost curve is generally ________, because diminishing marginal returns implies that additional units are ________.
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When a firm is producing the quantity where the price is equal to the marginal cost of producing additional goods, it is known as: productive...
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The optimal amount of x 1 , x 2 , P 1 , P 2 and income are given by the following: The original prices are: P 1 =21 P 2 =1 The original income is: I...
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A regression was estimated in which the dependent variable was the median home price in a neighborhood.
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In a multiple regression model using 200 students to explain college grade point average, the following explanatory variables are initially included...
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Consider the following population regression model explaining daily cigarettes consumption for an individual (cigs) as a function of the price per
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Describe a price discrimination opportunity your chosen company faces or practices - direct, indirect, or bundling. What advice/recommendations would...
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explain the law of diminishing marginal productivity and why the law tends to hold in the short run. Which factors impact the supply curve for
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Currently, the Social Security payroll tax is legally imposed equally on workers and employers:65 percent for employees and 7.65 percent for...
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On a production possibilities frontier, 500 pounds of apples and 1,200 pounds of bananas can be produced while at another point on the same frontier,...
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Data for Week 3 Discussions 1 and 2 From Problems 1 and 5 of Chapter 5 Production Relationships Capital (K) Labor (L) 10 10 10 10 10 10 10 10 10 10...
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HUMN 351 Week Two: Creation Myths Nine Types of Cosmogonic Myth When people think of myths they often have in mind stories about the...
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(2) Consider a test that measures adults memory skills and suppose that scores are bell shaped. You take the test and obtain a score of 254.21 and...
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Suppose that the utility function of an individual can be described as U(X,Y) = 4X + 2Y.
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Biolyses is a biotech division of Alphacon Pharmaceuticals. In its eight years of existence, Biolyses has had only one drug make it into clinical...
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1. The simple case of a fixed per-unit tax is indicative of more complicated ones. Consider a proportional sales tax and a progressive sales tax. How do the tax revenues, and quantities produced
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Explain the similarities and differences between the industrial organizations of perfect competition and monopoly.
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February 8, 2008 Note: You should leave your answers in the folder for your TA in the Economics Department Office 1. Consider the following...
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1. What is opportunity cost and what does it mean? 2. What are the eight guideposts to economic thinking and how to incentives fit into thinking like...
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1) the components of GDP in the output (expenditures) approach. 2) calculate the growth rate based on the following information: GDP 2017 = 19.1...
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s the issue in measuring GDP? 3) Is there a better alternative in measuring a nation's wealth? 4) How to find a more accurate measure besides the GDP?...
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Captain Morgan's spiced rum and Connor McGregor's Irish whiskey, "Notorious", can be considered differentiated products because some consumers prefer...
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PLEASE REWORD THIS PLEASE USE YOUR OWN WORDS NO PLAGIARIZED. Chapter 8: # 2, 8, 9, 10 2. A major barrier to enter an industry is economies of scale. This is true due to the cost new companies enco
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neither nation can produce on its PPF. For country Gamma the opportunity cost for producing 1 computer is 10 tons of steel.
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On the graph above, the curved lines refer to: Select one: downward sloping demand curves b. indifference curves where utility is constant along each...
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Explain with the help of appropriate diagrams whether the following statement is true, false, or uncertain: "An increase in autonomous investment
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In the sampling distribution of the mean 'time-to-finish' of samples of size n=25 runners in the Boston Marathon, the middle interval capturing 95%...
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1. Which of the following are examples of private property?
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Chemical process that converts hydrogen and oxygen into electricity and waste heat Oxygen from atmosphere, hydrogen from gas, solid hydrogen storage,...
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WHICH ONE OF THE FOLLOWING WOULD NOT BE EXPECTED TO INCREASE LABOR PRODUCTIVITY?
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You regress Y on two explanatory variables, X1 and X2. Suppose the variance of the regression is equal to 1600, and the variance of X1=1. There are
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xls For reference, the variables in this file include (in addition to other variables):
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Resh Holding's total sales in a year were 1,540,000. The cost price of goods sold was 1,180,000. During the year the following overheads were paid:
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es helped or hindered by inter-firm networks? support your answer with evidence how do education and labor systems affect organizational capabilities?...
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How might an economist gather empirical data to test the proposed relationship between money and the price level?
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To increase revenue and profit, a firm is considering a 4% increase and an 11% increase in advertising. If the price elasticity of demand is -1.5...
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