Increasing in excise tax affect the supply

Assignment Help Microeconomics
Reference no: EM13199118

How does an increase in an excise tax on cars affect the supply of cars? 

A. More cars will be made. 
B. Fewer cars will be made. 
C. Supply will stay the same. 
D. Supply will increase.

Reference no: EM13199118

Questions Cloud

Find the width w of a flat metal sheet : Verify that the sine curve has equation y=sin(πx/7) and find the width w of a flat metal sheet that is needed to make a 28 in panel.
Determine the npv and irr of the project : Calculate operating cash flow and the change in net working capital and determine the NPV and IRR of the project.
Define effect of the buisiness cycle on the multiplier : Effects of wage stickiness and the shape of the aggrate supple curve,effect of expectations on aggragate demand. Phillips Curve, natiral rate of unemployment, expacted inflation , the relationshipe between AS-Ad and the Phillipe Curve.
Main effects created by hildegard’s visions : What are the main effects created by Hildegard’s visions? How does she achieve these? How would you depict them in paintings or film?
Increasing in excise tax affect the supply : How does an increase in an excise tax on cars affect the supply of cars. more cars will be made or fewer cars will be made or else.
Find a linear function for the cost : Find a linear function for the cost, C , of waste collection as a function of the number of kilograms of waste, w.
Making stained glass-playing medieval musical instrument : Making stained glass, Playing a medieval musical instrument (such as the recorder), Applying gold leaf to a manuscript page
What is the average cost : A book company spends $1,000 per week on rent for its factory. Each book made at the factory requires $2 worth of paper and $8 worth of labour and energy. Answer the following questions assuming that the factory produces 500 books per week.
How closely do real world conditions match characteristics : Choose a market for a good in your area that seems to be a perfectly competitive market. Write four or five substantive paragraphs that describes the market and answers the following questions: Identify the buyers and sellers as well as the goods o..

Reviews

Write a Review

Microeconomics Questions & Answers

  Expansion in money supply increase real output nd employment

Historically, shifts towards a more expansionary monetary policy have often been associated with increases in real output. Is this surprising? why or why not?

  Determining marginal product of labor

Determine whether the firm is operating efficiently, given that its objective is to minimize the cost of producing the given level of output. Determine what changes (if any) in the relative proportions of labor and raw materials need to be made to..

  Determine the pattern of production and trade

In our treatment of the Ricardian model We have focused on the case of trade involving only two nations. Assume that there are many nations capable of producing two goods

  What could account for faster upward shifts

If interest rates or opportunity costs investment, happened to be the same in both developed countries and emerging economy nations, what could account for faster upward shifts in the latter group's planned investment functions Are stocks of produ..

  Question based on market concentration

Choose any firm and think about its buying and selling activities -everyone buys and sells, or at least "procures" and "supplies", or otherwise participates in exchange transactions.

  Break-even quantities and operating leverages

Explain how the break-even quantities and operating leverages are affected by the relationships between fixed and variable costs.

  Can revenue increase by lowering the price of thinks

A plastic surgeon thinks she can make more revenue by lowering the price of cosmetic surgery.If cosmetic surgery is an elastic service, is she correct in her assumption.

  Determine the purpose of the session or meeting

The Mining Group Gold process is a team process and meeting management process whose sole purpose is to leverage the combined wisdom, experience, and ideas of everyone on the team in order to cash in on this wisdom to improve the overall meeti..

  Determining optimal price

Imagine that you are the manager of a gas station and your goal is to maximize profits. According to your past experience, the elasticity of demand by Texans for a car wash is -4,

  Explain the short term and long term effects

A major breakthrough that allows for on-site generation of electricity for an investment in the generating capacity but after that essentially a zero variable cost of electricity.

  How to reduce the costs of making transactions

How does the existence of money reduce the costs of making transactions ,relative to a society based entirely on barter. English is becoming the usual language for international transactions, even if the language of neither country is English.How ..

  Computing breakeven point and profits

The fixed costs at Harley Motors are $1 million annually. The main product has revenue of $8.50 per unit and $4.25 variable cost. Find out the following.

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!

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