Q1 assume that in the preceding problem the government

Assignment Help Business Economics

Reference no: EM13355127

Q1. Assume that in the preceding problem, the government levies an excise tax of $5 per dose on the monopolists. Illustrate what would happen to the monopolists' profit-maximizing output and price? Illustrate what would happen to consumer and producer surplus? Explain how more money would the government collect due to the tax? Illustrate what would be the size of the resulting deadweight loss relative to the competitive outcome?

Q2. Assume you elasticity of demand for your parking lot spaces are -o.5, and price is $20 per day. If your MC is zero, and your capacity at 9 A.M. is 96% full over the last month, are you optimizing?

Reference no: EM13355127

Questions Cloud

Q1 if the ad shortfall is 800 billion and the mpc is 08a : q1. if the ad shortfall is 800 billion and the mpc is 0.8a explain how large is the desired fiscal stimulus?b explain

Q1 you are driving home from school steadily at 80 for 150 : q1. you are driving home from school steadily at 80 for 150. it then begins to rain and you slow to 50. you arrive home

Qassume you hire a furloughed wall street analyst to help : q.assume you hire a furloughed wall street analyst to help you analyze your manufacturing process also she uses your

Q1 a magnifier has a magnification of 7xhow far from the : q1. a magnifier has a magnification of 7x.how far from the lens must an object be placed so that its virtual image is

Q1 assume that in the preceding problem the government : q1. assume that in the preceding problem the government levies an excise tax of 5 per dose on the monopolists.

Q1 assume that the production function for a commodity is : q1. assume that the production function for a commodity is given by q 10radiclk where q is the quantity of op the

Q1 the rotational inertia of a collapsing spinning star : q1. the rotational inertia of a collapsing spinning star changes to 45 its initial value. what is the ratio of new

Q1 what is the wavelength of the waves emitted by source : q1. what is the wavelength of the waves emitted by source? what is the difference in frequency between directly

Q1 earth takes about 365 days to orbit once around the sun : q1. earth takes about 365 days to orbit once around the sun. mercury the innermost planet takes less than a fourth of

User Account

All Pages