Economics 370 Microeconomic Theory Problem Set 6 Answer Key 1) Describe the effects on output and welfare if the government regulates a monopoly so that it may not charge a price above p‚ which lies between the unregulated monopoly price and the optimally regulate price (determined by the intersection of the firm’s marginal cost and the market demand curve). As usual‚ the monopoly determines its optimal output on the basis of MR = MC. Here‚ however‚ it cannot charge a price in excess of p*. So
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Unit 6 Learning Activity State Department of Professional Regulation Requirements Name: Erica Koshick State: Wisconsin State Department of Professional Regulation Website: https://app.wi.gov Every state has a Department of Professional Regulation which sets criteria for professional licensure. For this learning activity‚ visit the Department of Professional Regulation online for your state and take time to explore the site and the various career possibilities listed within the field
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Economics Unit 6 Portfolio Part 1 - Taxes and Government Spending 1) In 1861 Abraham Lincoln introduced income tax during the Civil War when he needed money to pay his army. 2) That every consumer paid the same tax for the product no matter what their income is. 3) I would agree with Benton McMillin. Education is one considered a free institution. Using the education system helps someone become smarter and that helps accumulate wealth. Part 2 – Internet Taxation 1) Because not collecting
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Chapter 17‚ Problem B1 A. To remain comfortably within the ‘A’ range‚ the firm should avoid the lower of each scale. Fixed Charge Coverage = 3.40 – 4.30 (Scale 3.00 – 4.30) Total Debt = 55 – 65 (45 - 65) Long-Term Debt = 25 – 32 (22 – 32) B. Other factors to consider include net present value (NPV)‚ foreign tax credits‚ and the price of stock. C. Bixton must resolve the research and development‚ and foreign tax credits. The target ranges listed are suitable only for a debt shield. Lenders
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GLOBAL WATER CRISIS-Water – the essential ingredient for life on this planet ‚ is becoming an increasingly scarce resource. According to the World Bank and World Health Organization‚ 2 billion people lack access to clean water and 1 billion people do not have enough to even meet their daily needs. Every day an increasing amount of pollution seeps into rivers and lakes making them toxic to humans‚ and underground aquifers – our most significant sources of water – are being depleted at an alarming
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1. Risk management is responding to a negative event when it occurs. A. True B. False 2. With respect to IT security‚ a risk can result in either a positive or a negative effect. A. True B. False 3. According to PMI‚ which term describes the list of identied risks? A. Risk checklist B. Risk register C. Risk methodology D. Mitigation list 4. Which type of risk analysis uses formulas and numerical values to indicate risk severity? A. Objective risk analysis B. Qualitative
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E1. Describe three different types of settings which provide care and education for children in your area. Statutory – Primary School Voluntary – Youth Network Private – College E2. Describe how each of the settings identified in E1 aims to support children and their families. Statutory (Primary School) The quality of support‚ guidance and care provided for pupils and their families is strength. The head teacher provides dedicated leadership. In a relatively short period of time he has developed
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1. Compare and Contrast the Economic‚ Social‚ and Political development of New England and the Chesapeake Bay Colonies. 2. Columbus deserves the credit and should be celebrated for his discovery of America. To what extent do you agree with this statement? this statement for the 1600s. 8. Compare and contrast the ways in which TWO uprising or acts of social unrest reflected tensions in colonial society. this statement for the 1600s. 8. Compare and contrast the ways in which TWO uprising or acts
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Lillian Flloyd Economics 214-D16 March 27‚ 2013 Liberty University Bulls‚ Bear‚ and Golden Calves Chapter Two: Me‚ Myself‚ and Why 1. What is the difference between self-interest and selfishness? Why is this distinction important when considering the competitive market economy as appropriate for society? Self-interest is looking out for your best interest and finding the best possible alternatives that will benefit yourself in the business world. Selfishness is putting
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Unit 6 Statement of Cash Flows and Financial Statement Analysis & The Metrics of a Company Unit Assignment Kaplan University January 18‚ 2013 AC505: Advanced Managerial/Cost Accounting |Transaction |Operating |Investing |Financing | |A. Paid bills to insurers and utility providers
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