User Account

All Pages

How will the tax affect a firm''s short-run cost curves

Assignment Help Microeconomics
Reference no: EM13878350

1. Suppose the government imposes a $1 tax on every unit of a good sold. How will the tax affect a firm's short-run cost curves? Its short-run output?

2. Suppose interest rates fall, how will managers' incentives be affected and how will the firm's cost structure be affected?

Reference no: EM13878350

Questions Cloud

Differences between substantive law and statutory law : Discuss the differences between substantive law, procedural law, criminal law, civil law, common law, and statutory law. Provide examples of each type of law and in what setting those types of law are most likely to be used
Equivalent annual annuity : Corcoran Consulting is deciding which of two computer systems to purchase. It can purchase state-of-the-art equipment (System A) for $20,000, which will generate cash flows of $5,000 at the end of each of the next 6 years. If the company's WACC is 10..
Magnitude of the resultant force : If the magnitude of the resultant force is to be 9 kN directed along the positive x axis, determine the magnitude of force T acting on the eyebolt and its angle?
Determine whether vacutech should purchase the new pump : Determine whether VacuTech should purchase the new pump by calculating the net present value (NPV) at January 1, 2013, of the estimated after-tax cash flows that would result from its acquisition.
How will the tax affect a firm''s short-run cost curves : Suppose the government imposes a $1 tax on every unit of a good sold. How will the tax affect a firm's short-run cost curves? Its short-run output?
After tax salvage value : Kennedy Air Services is now in the final year of a project. The equipment originally cost $22 million, of which 75% has been depreciated. Kennedy can sell the used equipment today for $5.5 million, and its tax rate is 40%. What is the equipment's aft..
About expansion-investment in net operating working capital : Truman Industries is considering an expansion. The necessary equipment would be purchased for $9 million, and the expansion would require an additional $1 million investment in net operating working capital. The tax rate is 40%. What is the initial i..
Identify a labor law that is specific to south carolina : Research and identify a labor law that is specific to south carolina. Share a brief summary of the law with us and discuss why you believe this law is or is not important to the employer-employee relationship
Companys operation by making significant investments : Company X intends to expand the company's operation by making significant investments in several opportunities available to the group. Accordingly, the group has identified a need for additional financing in preferred and new common stock and new bon..

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd