Describe the common law fraud
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Why does it not pay the firm to quit while it is ahead, buying so small a quantity of the input that the input's MRP remains greater than its price?
Distinguish between investment and capital. Explain the difference between an invention and an innovation. Give an example of each.
What is different about demand characteristics for the same product at the same location but at different times on different days of the week?
Discuss President Reagan's statement on taxes quoted on the first page of this chapter. Do you agree with him?
Butler Manufacturing Corporation planned to raise capital for a plant expansion by borrowing from banks and making several stock offerings.
Think of some tax that you personally pay. What steps have you taken or could you take to reduce your tax payments? Is there an excess burden on you?
Which good would be heavily taxed if Taxmanians cared mostly about efficiency? What if they cared mostly about vertical equity?
Discuss some valid and some invalid objections to letting rising prices eliminate shortages of supplies of scarce resources.
Is Apple's assertion regarding lack of privity correct with regard to Musk's causes of action for negligence and fraud?
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