Increase the sales tax on gasoline

Reference no: EM13761023

When a government wants to increase tax revenue, they will often increase the sales tax on gasoline. Using price elasticity of demand, explain why the tax would be placed on gasoline rather than, say, yachts. What might be the long run effect of raising the price of gas?

Your decision to pursue a higher-level degree is based on investment in human capital. What are the marginal costs and benefits of pursuing additional education and the inherent risks associated with this decision?

Reference no: EM13761023

Questions Cloud

Write a summary on who i am : Write a summary on "who I am " about his self. summary about myself. I need your to know do have a any suggestion or examples?

Comparing the communication strategies of the facebook pages : Comparison Report. Write a 3 to 4 page report comparing the communication strategies of the Facebook pages of two of the following companies: McDonald's, Burger King, J C Penney, Kohl's

Responsibilities regarding assistive technology : What is the first device you will seek to learn more about to implement in your classroom and why? What are the school's responsibilities regarding assistive technology?

Thermofluids : It has been stated that an aortic: valve should be replaced.

Increase the sales tax on gasoline : When a government wants to increase tax revenue, they will often increase the sales tax on gasoline. Using price elasticity of demand, explain why the tax would be placed on gasoline rather than, say, yachts. What might be the long run effect of r..

New manufacturing software system : Your role is that of Sue Barkley. You will recommend a course of action to your brother, Kyle, in regards to the new manufacturing software system. The obvious choices are do nothing, accept the EMS proposal and start implementation, or take Don C..

Daily cost due to overbooking and opportunity costs : The Titan hotel routinely experiences no-shows (people making reservations and not showing up) during the peak season when the hotel is always full. Simulate 3000 days of operation to calculate the hotel’s average daily cost due to overbooking and op..

Describe and explain the purpose of the activities : How much time was spent planning? Explain and where did the funding come from, and how was it used? Explain - describe and explain the purpose of the activities that were conducted during this planning phase.

Describe the fundamentals of pki : Analyze the fundamentals of PKI, and determine the primary ways in which its features and functions could benefit your organization and its information security department

User Account

All Pages