Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A country that does not currently tax cigarettes is considering the introduction of a $0.40 per pack tax. The economic advisors to the country estimate the supply as well as demand as well as curves for cigarettes as:
Qd = 140,000-25,000PQs = 20,000+75,000Pwhere Q= daily sales in packs of cigarettes as well as P = cost per pack. The country has hired you to provide the following information regarding the cigarette market as well as the proposed tax:
a) What are the equilibrium cost as well as quantity with no tax?
b) What cost as well as quantity would prevail after the imposition of the tax? Illustrate the portion of tax which would be borne by buyers as well as sellers, respectively?
c) Calculate the deadweight loss from the tax. Illustrate that the tax be acceptable in spite of the deadweight loss? What tax revenue will be generated?
explain the future consequences of this action on the economy and the inflation rate. Please indicate the documentation on your research.
q1. bon temps has an issue of preferred stock outstanding that pays stock holders a dividend equal to 10 each year. if
Financial statements are an important product of the accounting process. Provide an example of an external user. How could he or she be harmed by fraudulent and unethical financial statements?
What is the effect of a trade surplus? What is the effect of a trade deficit? How do trade deficits and surpluses affect the industry in which you work?
What is the difference between real and nominal GDP? Does GDP accurately reflect the nation’s welfare? Why or why not? How can a country’s GDP be manipulated? In your opinion, is the U.S. GDP being manipulated? Explain your answer.
The equations representing demand as well as, inverse demand as well as, supply as well as inverse supply are as follows.
Explain how much profit will the perfectly competitive firms earn. Explain how much profit will the monopoly firm earn.
Will it shift to the right or left? Where will the equilibrium be on the LRAS now? What is the correct answer here and why?
Assume that the market wage rate is $150 per day. Illustrate what rule should leadbelly follow to hire the profit-maximizing amount of labor.
Elucidate how each change mentioned in the article impacts upon the aggregate expenditure model.
A firm's marginal revenue is $133 and its marginal cost is #90 illustrate what amount of profit does the firm fail to pick up by refusing to incease output by one unit.
Describe the characteristics of optimal contracts in principal-agent problems when the agent (manager) is risk neutral.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd