Reference no: EM13221757
The average retail price of the cookbook will be $30, and the average cost will be $20. Assume that the equation for demand is Q = 10,000 - 9,000P, where Q = the number of cookbooks sold per month P = the retail price of books. Show what the demand curve would look like if you sold the books between $25 and $35. The government decides to tax cookbooks because they feel that they encourage overeating and can lead to health issues, such as obesity and heart disease.
•What type of tax is this? Explain.
•What happens to the supply of cookbooks?
•What happens to the equilibrium price?
•Who pays the tax at the end?
•Is this a good way to finance programs to improve health?
•What other types of tax can the government use to increase revenues?
•Does this reflect an absolute or a comparative advantage?
•Name 4 issues that you will encounter as you become a multinational corporation.
•What happens to your marginal utility as you buy your third luxury automobile? Why?
|
Define the w per mole for a reversible isothermal expansion
: What is w per mole for a reversible isothermal expansion of an ethane from 5-10 L/mol at 298k assuming a) ethane is an ideal gas and
|
|
Explain ammonia gas is condensed at its boiling point
: Ammonia gas is condensed at its boiling point at 1.01325 bar at -33.4c by the application of a pressure infinitesimally greater than 1 bar. To evaporate ammonia at its boiling point requires the absorption of 23.30 kl/mol. Calculate
|
|
Determine the npv of the following project for company x
: Determine the NPV of the following project for Company X. The project is equally as risky as the company itself. The project will cost $20 million to get running in the first year.
|
|
What annual rate of return would have to have been earned
: What annual rate of return would have to have been earned on the account over an 18-year period?
|
|
What does reflect an absolute or a comparative advantage
: The average retail price of the cookbook will be $30, and the average cost will be $20. Assume that the equation for demand is Q = 10,000 - 9,000P, where Q = the number of cookbooks sold per month P = the retail price of books.
|
|
What is Cirque product and business strategy
: What is Cirque's product and business strategy? Comment specifically on how the product and strategy provide a competitive advantage.
|
|
Explain the beakers contain the same compound
: rom your initial observations, you suspect that the two beakers contain the same compound. Describe, in general terms, some experiments in a laboratory that you could do to help prove or disprove that the beakers contain the same compound.
|
|
Explain the beakers contain the same compound
: rom your initial observations, you suspect that the two beakers contain the same compound. Describe, in general terms, some experiments in a laboratory that you could do to help prove or disprove that the beakers contain the same compound.
|
|
What is relationship between motivation and job satisfaction
: What is the relationship between motivation and job satisfaction? Are satisfied employees more productive? Can most people be motivated by money? Is money really a good primary motivator? What should we make of all the different motivation theorie..
|