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1.) Suppose, that the elasticity of demand for soda is -0.8 and the elasticity of supply is 1.0. If so, would the tax fall more strongly on sellers or on buyers?
2) Setting self-interest to one side, what is your opinion regarding the effects of a soda tax on other people? Do you side with those who think the government should use taxes to nudge people to behave in a way that is good for them, or do you think the government should leave people free to decide to risk their health in order to do something that they enjoy?
Create tables to save orders and its items for a store. Then write the SQLs in a transation with SERIALIZABLE isolation level to save a order which has 2 items.
Explain which it would not be optimal for Firm 1 to make the investment if there were no threat of entry.
This discussion will require some thought. Reread the section on Nash Equilibrium. In all of the market structures except oligopoly, firms identified the level of output at which MR = MC, produced that level of output, and charged a price dictated by..
The following activities would not be included in the GDP: the purchase of a new car, gratuities at a restaurant, and payment to a neighbor for lawn-mowing services. Identify three more examples of transactions that would not be included in the GDP. ..
The European Central Bank embarked in 2015 on the so-called‘ quantitative easing' already deployed by Japan, the US and the UK, after having already implemented many other extraordinary easing measures.
If Sammy refuses to contribute to the butterfly garden, he'll not be able to enjoy its benefits if it is built.
Suppose that the market for alcohol in a large metropolitan area, the local government is concerned about the number of DUI’s and has decided to impose a sin tax on alcohol sales. If demand in this market is inelastic and supply is elastic, what woul..
Can you help me solve this problem or please send me the Study Plan to review?
An intermediary forms combining funds from huge numbers of savers. Each saver derives Happiness(H) from Income(I) according to the function: H= 31I -I^2 If there is competition between intermediaries, and if the cost of intermediation is $.50 per $10..
Using the PPF analysis, explain what this means, the consequences of this behavior with regards to economic growth, and what the government could do to rectify the problem.
The most vocal political pressure for tariffs is generally made by:
Knowing that it would be very expensive for its competitors to do the same, the firm lobbied the government to make pollution regulations.
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