What happens to the gains from trade when a tax is imposed? Choose an industry in which you work or with which you are familiar. How would a tax affect sales, supplier revenue, and consumer buying power in that industry?
Consider a simple economy with two types of workers. There are capable workers (type A), constituting 70% of the population, with remaining workers (type B) being of average ability. There are two types of job opportunities as well, labeled Good and Bad. In a Bad job, either type of worker produces 20 units of output. In a Good job, Type A worker produces 80 units, […]
Sarah’s utilities from consumption of two goods, hummus and falafel, are shown in the table below. Sarah’s daily income is $23 and she spends her entire income on these two goods. Assume the price of hummus (PH) is $2 and the price of falafel (PF) is $5. Ounces of Hummus Total Utility from Hummus MUH MUH/PH Pieces of falafel Total Utility from falafel MUF MUF/PF […]
A firm has a rate of return that is comparable to that of industries widely regarded as competitive. The data correctly take account of inflation, taxes and the firm’s debt ratio, and it is known that the firm engages in very little R&D and advertising. Is it necessarily true that the firm has no monopoly power, or at least is not exercising it? A firm […]
TAKING A TEST NEED ANSWERS ASAP!!! ONLY 18 MINUTES LEFT!!!! All presidents are concerned with the legacy they leave once out of office. A major influence on this legacy is the Supreme Court justices they appoint. What criteria do presidents take into account when choosing their Supreme Court nominees? How might the type of nominee change depending on the president? Explain the difference between de […]
Unit 2 DB: Supply and Demand This discussion board addresses the interaction among price, demand, and supply in how global markets work. H&M Brand and others face a backlash from China, a major cotton supplier after expressed concern over the alleged use of forced labor in cotton production. Review the following article: Please address in a presentation format with an accompanying graph of how the […]
Hi, I am studying neoclassical growth theory and want to clarify what an exogenous increase in technology, , means. (Please correct me if I’m wrong): When increases to , technological growth is positive where  > 0 This will cause the production function curve to shift up to where y = f(k, A2) So when the economy reaches steady state at , does that mean […]
DQ#1Among the four principal market structure models, monopoly and oligopoly offer the best opportunities for a firm to earn economic profits in the long run. What are some strategies for the firm which is earning economic profits to legally sustain them over time?DQ#2In the purely competitive firm, producing a homogeneous product in a market with many sellers, are there any strategies to operate and earn […]
Ben has income of $40,000 in period 1 and $10,000 in period 2. Which of the following is correct? (Explain) A. When interest rate is 10%, the present value of Ben’s income is $49,524. B. Ben is more like to be a borrower. C. When interest rate is 5%, the present value of Ben’s income is $49,524. D. When interest rate is 0%, the present […]
Consider a major purchase you have made recently. Review the AIDA model (Exhibit 12.7 on page 370 of yourMarketing Managementtext) and accompanying discussion. Think back on the process that led to your purchase and reconstruct the types of promotion that you experienced during each stage of the AIDA model. Which of the promotional forms was most effective in your situation, and why?
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more