Suppose that kenji, an economist from an am talk radio program, and lucia, an economist from a university in massachusetts, are arguing over budget deficits. the following dialogue shows an excerpt from their debate: lucia: most people recognize that the budget deficit has been rising considerably over the last century. we need to find the best course of action to remedy this situation. kenji: i believe that a cut in income tax rates would boost economic growth and raise tax revenue enough to reduce budget deficits. lucia: i actually feel that raising the top income tax rate would reduce the budget deficit more effectively.1) the disagreement between these economists is most likely due toa) difference in perception v. realityb) difference in valuesc) difference in scientific judgements2) despite their differences, with which proposition are two economists chosen at random most likely to agree? a) central banks should focus more on maintaining low unemployment than on maintaining low inflation. b) business managers can raise profit more easily by reducing costs than by raising revenue. c) employers should not be restricted from outsourcing work to foreign nations.

Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.

How does hipaa address employee’s access to e-phi?

Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?