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what is inherent risk
Define labour
Define labour
Use the following information to answer questions 1.2 to 1.4:
Suppose the demand for a product can be represented by Qd = 100 – 5P, while
the supply is given by the equation Qs = –12 + 3P, where price is in rand. Determine the equilibrium price and quantity
Q1.Using the indifference curve approach, with movies on the vertical axis and concerts on the horizontal axis, illustrate a situation where the law of demand is violated. i.e decreases in the price of movies lead to decreases in the quantity demanded of movies.
Q2.With the quantity of popcorn on the vertical axis and ice cream on the horizontal axis, draw indifference maps to illustrate each of the following situations:
I.Leoni's marginal rate of substitution between ice cream and popcorn remains constant, no matter how much ice cream she consumes
II.Heather loves ice cream but hates popcorn
III. When Andy eats ice cream, he tends to get addicted: I.e. the more he has, the more he wants and he is willing to give up more and more popcorn to get the same amount of additional ice cream.
ABC has decided to buy a new equipment that costs $ 3,200,000. The equipment will be depreciated on a straight-line basis down to zero. The corporate tax rate is 35% and ABC can borrow at 9%. Toyota Leasing Corp. is willing to lease the same equipment to ABC for the lease payments of $ 0.95 million per year are due at the beginning of each of the four years of the lease.
a. Should ABC lease the equipment or buy it outright?
b. What is the annual lease payment that will make ABC indifferent to whether it leases the equipment or buys it?
Consider the following equation:Qd=100-3p and Qs=0.5-100
The objectives of virtually all tax systems can be classified into two broad categories namely Revenue and Non-Revenue goals.
Some of the non-revenue goals incorporated in our current tax regime include Stabilization Function, Economic Growth Function, Redistribution of Income Function, and Allocation Function.
Critically assess the contribution of the above policies in safeguarding the micro and macro-economic objectives of a nation.
How are the Exchange rate Determined ? What are the reasons in fluctuations in the exchange rate ? How the monetary policy of a country affect the exchange rate ?
What is Phillip curve ? Can Policy makers exploit the Phillip curve relationship by Trading more inflation for less unemployment in the short run, in the long run ?
#340153 on Dec 2023