Essay
Cindy, who is single and age 48, has no dependents and has adjusted gross income of $50,000 in 2017. Her potential itemized deductions are as follows.
What are Cindy's AMT adjustments for itemized deductions for 2017?
Explain the concept of excess capacity in monopolistically competitive firms.
Analyze the elasticity of demand for monopolistic competitors and understand the factors that determine it.
Describe the Herfindahl index and its calculation method.
Discuss the implications of product variety in monopolistic competition.
Definitions:
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