Questions
. Taxation and comparative statics with small changes: a. Given that ??/?? represents the tax incidence...

. Taxation and comparative statics with small changes:

a. Given that ??/?? represents the tax incidence on consumers in equation, (??/??= ?/(?−?))what is the expression for the tax incidence on firms in terms of η & ε. What does the sum of the tax incidence on consumers and firms equal? In no more than two sentences, explain why they must sum to this number.

b. Now consider another scenario, the imposition of a specific tax (?) that is paid directly to the

government by consumers rather than by firms as in part (a). Under such a tax, the equilibrium

condition is now: ?(?∗(?) + ?) = ?(?∗(?)). This condition sets a general demand function equal to a

general supply function, shows that the equilibrium price P* is an implicit function of ?, and makes

explicit that the amount now paid for the good by consumers with the tax is ?∗ + ?. Use this equilibrium

condition to find ??/??.

c. In part (a) P* represents the price consumers pay. What does P* represent in part (b)?

d. Should it be surprising that your answers to parts (a) and (b) represent the same tax incidence for firms?

Support your answer in no more than three sentences.

In: Math

the morphological changes that occurs in an organ determine the clinical features, course, and prognosis of...

the morphological changes that occurs in an organ determine the clinical features, course, and prognosis of the disease discuss

In: Anatomy and Physiology

identify and briefly describe the significant physical and physiological changes that occur in the middle and...

identify and briefly describe the significant physical and physiological changes that occur in the middle and late childhood developmental periods.

In: Psychology

Discuss the business and legislative changes that have resulted in an increased awareness of the sourcing...

Discuss the business and legislative changes that have resulted in an increased awareness of the sourcing of transportation and logistics activities.

In: Operations Management

ECONOMICS (a) Use a graphical approach to explain the effect of the following changes. i. A...

ECONOMICS

(a) Use a graphical approach to explain the effect of the following changes.

i. A new Covid 19 face mask, made in America, is successful in sales to canada.

   ii. canada reduces its interest rate compared to the U.S., causing investors to sell canada’s bonds and buy U.S. bonds.

iii. Canadians, unhappy with monetary unification, transfer their bank balances to the U.S.

iv. Briefly explain the five functions of money.

In: Economics

9. Development of new technology results in changes in the process and the layout. Comment on...

9. Development of new technology results in changes in the process and the layout. Comment on the above statement. Give examples if you can from your own observations.

In: Operations Management

Please make the following changes to the following code: #This program takes in the first and...

Please make the following changes to the following code:

#This program takes in the first and last name and creates a userID printing first letter of first name and first 7 characters of last name
#by Abi Santo
#9/20/20

def main():
    print("This Program takes your first and last name and makes a User ID")
    f_name = str(input("Please enter your first name ")).lower()
    l_name = str(input("Enter your last name: ")).lower()
    userID = str(f_name[:1]+str(l_name[:7]))
    print(userID)

main()
  1. Call the function createUserName(). This function will prompt the user for first and last names, create the userid from the first initial plus the last name, and return the userid to the main() function
  2. main() will print out the userid returned from the createUserName().
  3. main will then call the function createPassword(). This function will prompt the user for a password. It will return the password to main()
  4. The main() function will then call checkFirstCharacter(), passing the first character of the password. CheckFirstCharacter() will check to see if the first character is alphabetic, and return either a True or False value back to main().
  5. If a "True" value is received from checkFirstCharacter (see above), then main() will call  checkRemainingChars(), passing the remainder of the password. checkRemainingChars() will check to see if the remainder of the string is alphabetic or numeric, and return a True or False value back to main().

  6. If either checkFirstChar or checkRemainingChars returns a value of "False", main() will issue an appropriate error message (specific to which was in error), and prompt the user for a new password.

  7. Once the entire password has been validated, main() will print a "Password accepted" message to the user.


please use python

In: Computer Science

a. The changes in account balances of the Samson Corporation during the year are presented below:...

a. The changes in account balances of the Samson Corporation during the year are presented below:

Assets                                        $356,000
Liabilities                                    108,000
Capital stock                               240,000
Additional paid-in capital             24,000

Assuming there are no charges to retained earnings other than for a dividend payment of $52,000, the net income for the year, should be

$16,000

$36,000

$52,000

$68,000

b. Which of the following is not a discontinued account in the income statement?

Extraordinary account

Unusual or in frequent account

Income from discontinued business

Impact of accounting changes

c. United Airlines’ 2016 balance sheet reported the following (in millions)

Total Assets                $40,091
Total Liabilities             31,485
Contributed Capital      3,573

What was United Airlines’ total liabilities and stockholders’ equity at December 31, 2016?

$36,518 million

$40,091 million

$35,058 million

$8,606million

In: Accounting

Explain how a repurchase changes the number of shares but not the stock price. A firm’s...

Explain how a repurchase changes the number of shares but not the stock price.

A firm’s most recent FREE CASH FLOW (FCF) was $2.4 million, and its FCF is expected to grow at a constant rate of 5%. The firm’s WEIGHTED AVERAGE COST OF CAPITAL (WACC) is 14%, and it has 2 million shares outstanding. The firm has $12 million in short-term investments that it plans to liquidate and then distribute in a stock repurchase; the firm has no other financial investments or debt.

  1. What is the value of operations?
  2. Immediately prior to the repurchase, what are the intrinsic value of equity and the intrinsic stock price?
  3. How many shares will be repurchased? How many shares will remain after the repurchase?
  4. Immediately after the repurchase, what are the intrinsic value of equity and the intrinsic stock price

In: Finance

Explain the physicochemical changes that occur in soil due to sodicity and how that leads to...

Explain the physicochemical changes that occur in soil due to sodicity and how that leads to soil degradation.

(Note: You can use clear diagrams, chemical formulae and relevant chemical equations)

In: Civil Engineering