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If everyone were to obtain music and video content for free from websites such as MySpace, instead of paying Universal, what would Universal’s producer surplus be from music sales? What are the
You are considering selling your vintage 1969 convertible Volkswagen Beetle. If the car is in good condition, it is worth a lot; if it is in poor condition, it is useful only as scrap. Assume that you
Can you determine precisely by how much producer surplus has increased as a result of the $14.82 increase in the average fare? If you cannot be precise, can you determine whether it will be less than,
What is the basis for their support? That is, what are the specific benefits that countries seek by joining an economic bloc and what is the main economic bloc for your country?
When the price fell from $29 to $19, how much did each consumer’s individual consumer surplus change? How does total consumer surplus change?
Gordon lists his old Lionel electric trains on eBay. He sets a minimum acceptable price, known as his reserve price, of $75. After five days of bidding, the final high bid is exactly $75. He accepts t
According to a Honda press release on October 23, 2006, sales of the fuel-efficient four-cylinder Honda Civic rose by 7.1% from 2005 to 2006. Over the same period, according to data from the U.S
The U.S. government is considering reducing the amount of carbon dioxide that firms are allowed to produce by issuing a limited number of tradable allowances for carbon dioxide
There is a debate about whether sterile hypodermic needles should be passed out free of charge in cities with high drug use. Proponents argue that doing so will reduce the incidence of diseases, such
I owned both of the two Jerry Garcia autographed lithographs in existence. I sold one on eBay for a high price. But when I sold the second one, the price dropped by 80%
Lorenzo is considering starting a trucking company either in Texas or Oklahoma. He will relocate his family, which includes his wife, children, and parents, to reside in the same state as his business
Dontae stated that he didn’t want to earn any more money because it would “put him in a higher tax bracket.” What is wrong with Dontae’s reasoning?
The city of Birmingham recently enacted a 1 percent surcharge on hotel rooms that will help pay for the city’s new stadium. Is this a tax? Why or why not?
Courtney recently received a speeding ticket on her way to the university. Her fine was $200. Is this considered a tax? Why or why not?
What are some aspects of business that require knowledge of taxation? What are some aspects of personal finance that require knowledge of taxation?
If the client takes this position on its tax return, will Randy be subject to penalty? Will the client potentially be subject to penalty?
Justine would like to clarify her understanding of a code section recently enacted by Congress. What tax law sources are available to assist Justine?
Juanita, a Texas resident (5th Circuit), is researching a tax question and finds a 5th Circuit case ruling that is favorable and a 9th Circuit case that is unfavorable. Which circuit case has more
Shane has never filed a tax return despite earning excessive sums of money as a gambler. When does the statute of limitations expire for the years in which Shane has not filed a tax return?
If there is a shortage of vaccine in the city, whom should we vaccinate first—the elderly or the very young? (Assume that a person from one group has an equal likelihood of dying from influenza
Would such a policy make some Americans better off without making any other Americans worse off? That is, would this policy be efficient from the viewpoint of all Americans?
If the EU and the United States continue to trade, what do you think will characterize the goods that the EU exports to the United States and the goods that the United States exports to the EU?
According to the U.S. Census Bureau, in July 2006 the United States exported aircraft worth $1 billion to China and imported aircraft worth only $19,000 from China
Utilize a product such as Microsoft's PowerPoint or Google Presentation to create your presentations and conduct research and deliver findings in professional settings.
The variables in the model with particular attention paid to whether consumer spending will increase, job growth will occur, and wages will rise.