Fireworks as Public Goods. A three-person city is considering a fireworks display. Bertha is willing to pay $95 for the proposed fireworks display, Marian is willing to pay $30, and Sam is willing to pay $25. The cost of the fireworks display is $120. A. Would any single citizen fund the display on their own?
B. Is it socially efficient to provide the display?
C. Design a tax that would fund the system.
D. Why is the display more likely to be provided by a government than a private firm?

Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?

Answer the questions about keynesian theory, market economics, and government policy. keynes believed that there were "sticky" wages and that recessions are caused by increases in prices. decreases in supply. decreases in aggregate demand (ad). increases in unemployment. keynes believed the government should increase ad through increased government spending, but not tax cuts. control wages to increase employment because of sticky wages. increase employment through tax cuts only. increase as through tax cuts. increase ad through either increased government spending or tax cuts. intervene when individual markets fail by controlling prices and production.

How has apple been able to sustain its competitive advantage in the smartphone industry? a. by reducing its network effects b. by targeting its new products and services toward laggards c. by driving the price for the end user to zero d. by regularly introducing incremental improvements in its products