Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Economics Expert

The repeal some of the tax breaks to the business also isoquant

Suppose the new leadership in Congress decides to repeal some of the tax breaks granted to large businesses during the past several yrs. If investment tax credits granted earlier are either repealed or eliminated, Illustrate what impact will the repeal have on the exporting of jobs to foreign countries? Elucidate using isoquant/icocost theory.

As the larger businesses have to pay more taxes, their spending funds for employment will decrease causing them to probably export more jobs to foreign countries as their labour is cheaper. A great way to compare which way either foreign or domestic labour you as a manager could get more of would be by using the isocost analysis. Iso cost will describe how you describe how much labour you could get for the same amount of money. Isoquant would work to describe how you illustrate what combo of labour domestic/foreign gives you the same about of output.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M916401

Have any Question? 


Related Questions in Business Economics

A firms current profits are 450000 these profits are

A firm's current profits are $450,000. These profits are expected to grow indefinitely at a constant annual rate of 3 percent. If the firm's opportunity cost of funds is 6 percent, determine the value of the firm: Instru ...

Discussion questionunderstanding business research methods

Discussion Question 'Understanding Business Research Methods is essential for all successful business managers whether in profit or not for profit organizations.' There is no 'right' answer in relation to the quote above ...

Given the following information calculate the over-target

Given the following information, calculate the over-target share ratio: Optimistic Cost Estimate: $800,000 Optimistic Profit: $200,000 Target Cost Estimate: $1,000,000 Target Profit: $150,000 Pessimistic Cost Estimate: $ ...

Chrisrsquos outdoor furniture inc has net cash flows from

Chris’s Outdoor Furniture, Inc., has net cash flows from operating activities for the last year of $380 million. The income statement shows that net income is $355 million and depreciation expense is $48 million. During ...

Suppose you are a manager at bank of america and the

Suppose you are a manager at Bank of America and the Federal Reserve raises the required reserve ratio from 10 percent to 12 percent. What actions would you have to take? How would your actions and those of other bank ma ...

Internal rate of return peace of mind inc pmi sells

Internal rate of return Peace of Mind, Inc. (PMI), sells extended warranties for durable consumer goods such as washing machines and refrigerators. When PMI sells an extended warranty, it receives cash up front from the ...

You are considering purchasing a consol that promises

You are considering purchasing a consol that promises annual payments of $4. a. If the current interest rate is 5 percent, what is the price of the consol?b. You are concerned that the interest rate may rise to 6 percent ...

Chrisrsquos outdoor furniture inc has net cash flows from

Chris’s Outdoor Furniture, Inc., has net cash flows from operating activities for the last year of $390 million. The income statement shows that net income is $365 million and depreciation expense is $49 million. During ...

Suppose that you are the manager of a newly formed

Suppose that you are the manager of a newly formed retirement fund. You are to set up a series of semiannual payments to accumulate a sum of $1,000,000 in ten years. You assume that the appropriate interest rate for the ...

Preferred stock is defined as equity with priority over

Preferred stock is defined as equity with priority over common stock with respect to the payment of dividends and the distribution of assets in a liquidation. Preferred stock is a hybrid security which shares features wi ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate