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shaurya sethi
Answers (7)
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The higher prices charged by monopolists
A) are like a private tax that redistributes income from consumers to monopoly sellers.
B) are socially optimal because they better reflect how much society values the good relative to the resources used to produce it.
C) return to consumers through the public goods provided by monopolies.
D) have no effect on the distribution of income.
A) are like a private tax that redistributes income from consumers to monopoly sellers.
B) are socially optimal because they better reflect how much society values the good relative to the resources used to produce it.
C) return to consumers through the public goods provided by monopolies.
D) have no effect on the distribution of income.
On Jul 29, 2024
A
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Jackie saves $100 and receives $106 the next year. During the same year, the price of the basket of goods that she purchases increases from $100 to $104. What is nominal interest rate on Jackie's saving? What is the real interest rate on Jackie's saving? What was the inflation rate?
On Jul 29, 2024
nominal interest rate = 6%, real interest rate = 2%, inflation rate = 4%
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A firm sells two products. Product R sells for $20; its variable cost is $6. Product S sells for $50; its variable cost is $30. Product R accounts for 60% of the firm's sales, while S accounts for 40%. The firm's fixed costs are $4 million annually. Calculate the firm's break-even point.
On Jul 26, 2024
The contribution for product R is 70% of selling price, or 0.70; the contribution for product S is 0.40. The weighted contribution for R is .70 × .60 = .42; the weighted contribution for S is .40 × .40 = .16. The sum of the weighted contributions is 0.58. The break-even point is $4,000,000 / 0.58 = $6,896,552.
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Assume the Securities and Exchange Commission (SEC) prosecutes someone for insider trading.That prosecution is an example of ________.
A) criminal law
B) procedural law
C) civil law
D) natural law
E) adherence to the Uniform Criminal Code
A) criminal law
B) procedural law
C) civil law
D) natural law
E) adherence to the Uniform Criminal Code
On Jun 29, 2024
A
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When Supreme Court Justice Oliver Wendell Holmes stated, "Taxes are the price we pay for civilization," he meant that
A) all cultural and educational services and events need to be taxed.
B) taxes are the major source of funding for the goods and services provided by government.
C) tax rates should be higher on higher-income well-educated households.
D) we should collect taxes mostly from those who benefit from the government-provided goods and services.
A) all cultural and educational services and events need to be taxed.
B) taxes are the major source of funding for the goods and services provided by government.
C) tax rates should be higher on higher-income well-educated households.
D) we should collect taxes mostly from those who benefit from the government-provided goods and services.
On Jun 26, 2024
B
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When the CEO of IDEO,Tim Brown,says "How Might We?," what is the significance of might?
A) Might assumes an attitude of power.
B) Might invites people to suggest ideas without wondering if they are viable.
C) Might assumes that all answers are workable.
D) Might assumes some editing of ideas.
A) Might assumes an attitude of power.
B) Might invites people to suggest ideas without wondering if they are viable.
C) Might assumes that all answers are workable.
D) Might assumes some editing of ideas.
On May 30, 2024
B
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One proofreading method is to read the page backwards to help you focus on every single word.
On May 27, 2024
True