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Consider a proposal to privatize street lighting. Would this be feasible? Why or why not? Does street lighting suffer from a tragedy of the commons problem?
Suppose that some neighbors get together and organize a block watch group. What sort of good is community safety?
Public-opinion polls in a small city have revealed that citizens want. Which of these three citizen requests could be privatized by assigning property rights?
What goals do you think motivate a payroll tax? What goals motivate an alcohol tax?
Using this fact, explain to what extent you think a tax on cigarettes would fulfill each of the goals of taxation.
Which would you expect to be less efficient, a flat tax on all income or a property tax (charged based on the assessed value of real estate)?
Explain what assumptions they must be making in order to justify their different positions, in terms of price and quantity effects.
With reference to the price and quantity effects, why all else equal, taxing several goods at a modest rate is better than taxing one good at a very high rate.
Now, suppose that food and children's clothing are exempted from the sales tax. Is this likely to make the tax more or less regressive?
Drawing on the idea of economic incidence and administrative cost, explain why this tax may not benefit consumers after all.
Your friend Edgar has just finished his first year working full-time and comes home beaming. Explain to Edgar why this does not mean that he didn't pay taxes.
What does this imply about the trade-off between current and future taxes? How might this trade-off change if the overall size of the economy grows over time?
Would it be wiser to frame the decision as costing only $5 more than food they'd make for themselves, or that it will cost $5 less than every other restaurant.
Explain why this strategy for framing the anti-drugs message to teenagers could backfire.
Many online subscription services have automatic renewal policies. Why is this default rule a savvy business strategy on the part of the online company?
Explain the psychological bias that causes people’s decisions to be affected by default rules or the endowment effect.
One contributor to the rational demand for commitment devices. Explain how limited processing capacity might also contribute to the demand.
Describe why a rational person might be willing to pay money if he does not lose weight, and how this constitutes a commitment strategy.
As a public shareholder of this company, how would you respond to this policy?
In one paragraph, evaluate the appropriate 21st century support system components that align with your redesigned activity.
How can we design policies that reduce economic inequality?
In this assignment, you need to analyze unemployment-related issues. You need to analyze only one issue (topic).
Critically evaluate and discuss this statement: In the context of doing business in a foreign market a company's entry mode decision.
A brief description and definition of the variables you will be checking in your sensitivity analysis.
It should clearly identify the nature of rivalry among competitors, and the forces that influence the industry's overall performance.