Assume that the government imposes a lump-sum tax on a
Assume that the government imposes a lump-sum tax on a monopoly, what will happen to the output and market price?
What will happen the Company's profits?
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In the two sector economy where there is no personal tax,how is personal income related to personal consumption expenditures and personal savings?
Keyenes consumption function appears to explain consumption over the short run but not consumption over the long run - why?
Suppose the elasticity of deamnd for cereal is 1.If cereal increases in price by25%, how much will the quantitiy demanded decrease by?
President Obama campaigned on the theme that he was going to reduce taxes for 95% of working Americans. Why would such a campaign promise be difficult to put into practice?
If an effort to “maintain national security” government demands the wheat growers in America to produce Qs=16million pounds per year. The market can be expressed as P=120-3Qd and P=5Qs. What is the result of the government’s actions
Relate the law of conservation of matter and energy to the air pollution problem; and
Ascaro incurs monthly total costs according to the function TC= 49+4q+q2 and monthly marginal costs according to the function MC= 4+2q, where q is the quanity of grapes produced bu Ascaro.
At the beginning of this year, daily consumption of gasoline in the US amounted to 344 million gallons. It is estimated that for every 10% increase in the price of gasoline, the demand for gasoline reduces by 2.00%.
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