Explain and what happens to the supply of cookbooks

Assignment Help Microeconomics

Reference no: EM13760565

The government decides to tax cookbooks because they feel that they encourage overeating and can lead to health issues, such as obesity and heart disease. Answer the following:

· What type of tax is this? Explain.

· What happens to the supply of cookbooks?

· What happens to the equilibrium price?

· Who pays the tax at the end?

· Is this a good way to finance programs to improve health?

· What other types of tax can the government use to increase revenues?

Reference no: EM13760565

Questions Cloud

The country in reaching the millennium goals : Write a country case study report,10-14 pgs double spaced,assess the likely progress that a country has made towards reaching the development targets,provide a short background section about the state development in development effort in country X pr..

Satellite in a low orbit around this large, dense planet : In recent years, astronomers have found planets orbiting nearby stars that are quite different from planets in our solar system. Kepler-39b, has a diameter that is 1.2 times that of Jupiter (RJupiter = 6.99 × 107 m), but a mass that is 18 times that ..

Marketing plans and customer satisfaction : Corona beer is the number one imported beer into the United States, and has developed into a global brand (General Distributors, Inc., n.d.). Corona created its competitive advantage through an innovative marketing strategy.

Determine the density : Our asteroid is in the shape of a sphere and has a mass of 500 kilograms. Determine the density (in grams per cubic centimeter) of this asteroid if its diameter is known to be 1.2 meters.

Explain and what happens to the supply of cookbooks : What type of tax is this? Explain and what happens to the supply of cookbooks - what happens to the equilibrium price?

Score small business association counselor : After describing my future business (custom made cabinetry and architectural woodwork), my accountant suggested I incorporate. I visited a SCORE Small Business Association counselor and he suggested a sole proprietorship.

Collision of 3 alpha particles is a highly improbable : The fusion of two alpha particles produces Be 8 which is a magic nucleus.Be 8 splits back to alpha particles and hence nucleosynthesis to C 12 cannot proceed. The question is how C 12 in stars is produced as collision of 3 alpha particles is a highly..

How what was learned in mass merchandising industry : How what was learned in mass merchandising industry could be applied to the logistics challenges in some other industry - Would the logistics criteria for decision making be the same as for mass merchandising? Why or why not?

Discuss literary terms as they relate to the readings : Discuss literary terms as they relate to the readings. Discuss the element of conflict in literary texts. Please review the American Literature Study Guide (also in Doc Sharing) to help you with this assignment.

User Account

All Pages