User Account

All Pages

What is the deadweight loss

Assignment Help Macroeconomics
Reference no: EM131065882

Suppose that the government levies a $1.50 tax on a chocolate bar. What is the change in the quantity of chocolate bars bought, who pays most of the tax, and what is the deadweight loss?

Reference no: EM131065882

Questions Cloud

Describe these in detail. what did you find most surprising : Describe these in detail. What did you find most surprising?
How has mobile commerce played role in business development : How has mobile commerce played a role in new business development in the retail market? How can mobile technology be used by brick-and-mortar retailers to enhance the in-store shopping experience?
Tax split between the buyer and the seller : What is the price that buyers pay? How is the tax split between the buyer and the seller? What is the government's tax revenue?
Write respond theories of motivation : Respond to each peer with 3-4 sentences long on their initial post- Motivation is the reason behind a particular behavior, willingness or desire for something. It is a subject that has been studied in peoples' personal life as well as professional ..
What is the deadweight loss : Suppose that the government levies a $1.50 tax on a chocolate bar. What is the change in the quantity of chocolate bars bought, who pays most of the tax, and what is the deadweight loss?
Increase profits by raising revenue : Firms cam increase profits by increasing revenue and/or reducing costs. Provide three example (cite all reference) of firms that are trying to increase profits by raising revenue and three that are trying to do so by reducing costs.
Selected transactions from the fiscal-year : Mintzberg, Inc. begins business on January 1, 2015 and is setup as a c-corp. On 12/31/15 they declared total dividends of $ 1,400,000 and they had the following in their equity section (after adjusting for dividends):
Calculate the efficiency of this compressor : calculate the efficiency of this compressor
Interest rate alter budget constraint : Adrienne wins a lottery prize of $5,000. The current interest rate is 5%. She could spend the money now or invest it for 10 years and spend it then. Draw her intertemporal budget constraint and illustrate some of her choices. Also create a table f..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Possible source of natural monopoly

Stabilizing a nations price level and the purchasing power of its money can be achieved - Which of the following is not a possible source of natural monopoly?

  Just a new single-stock futures contract on brandex stock

One Chicago has just a new single-stock futures contract on Brandex stock, a company that currently pays no dividends. Each contract calls for delivery of 1,000 shares of stock in one year.

  Demand for potatoes is given by qd 109p withq

demand for potatoes is given by qd 109p withq measured in tons. the supply of potatoes is given by qsp2.a

  Calculate the average annual growth rate of real gdp

Calculate the growth rate of real GDP for each year from 1994 to 1997 and calculate the average annual growth rate of real GDP for the period from 1994 to 1997.

  Illustrte what is the put premium

Illustrte what is the put premium on a December 25 PHLX pound contract with an exercise price of $1.81.

  Calculate the range in population average volume

Beauty lotion is a skin-moisturizing product that contantains rich oils, blended especialy for overly dry or neglected skin. Product is sold in five once bottles by a wide range of retail outlets.

  How budget constraint in a two-period model is affected

Describe how the budget constraint of a household in a two-period model is affected by each of the following changes. In Each Case, do you think the household is better off, or worse off, or is it ambiguous If ambiguous.

  Analyze the economy of at least two countries

How do the economies of the countries you selected compare to the U.S. and is either of the selected countries still in an agrarian phase of economic development? An industrial phase? Explain.

  Explain the approach to governmental health care funding

the type of health care problems experienced directly to patients who then would be free to choose their health care providers. wherther or not you agree, can you give an economic rationale for this approach to governmental health care funding

  The demand for money in friedman is

The demand for money in Friedman is

  Why do firms engage in price discrimination

A. What is price discrimination Why do firms engage in price discrimination B. What conditions are necessary in order to engage in price discrimination C. What is the relationship between price discrimination and price elasticity of demand

  What type of unemployment is omar facing

Due to the current slump in investment spending, Omar has been laid off from his programming job. His employer promises to rehire him when business picks up. What type of unemployment is Omar facing?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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