Expression for the magnitude of deadweight loss
Derive an expression for the magnitude of deadweight loss that is a function of the tax rate, the elasticity of demand, quantity and price for an supply curve with an infinite elasticity
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Discuss the pros and cons of the U.S. Federal Government guaranteeing the pension funds of a private company when it declares bankruptcy. Discuss whether the U.S. Federal Government should guarantee and state your rationale.
Suppose the short-run marginal and average variable cost curves for a perfectly competitive firm are given by
Evaluate whether or not a company moving away from a defined benefit plan is a good decision. Discuss how an employer can use participation in a defined contribution plan as a competitive advantage.
Accrue in the amount of $16 million at the end of each year beginning in three years' time. Find the net present value of this investment project given an interest rate of 9%.
Henwood's self-employemtn taxes on the income derived from the public accounting business for 2012. OASDI and HI.
Each additional music store will decrease the price of books by $2 per book and increase the average cost of selling books by $1 per book. Predict the equilibrium number of books stores.
If monies added to, or subtracted from, the Social Security trust fund were excluded from Federal budget calculations, the current Federal budget:
Materials were purchased on January 1, 2012, for $120,000 and this amount was entered in the Materials account. On December 31, 2012, the materials would have cost $141,000, so the following entry is made.
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