What is the impact on the market for sugar

Assignment Help Business Economics
Reference no: EM133079613

In the following policy scenarios, explain how the policy described might cause a shift of either the supply and/or the demand curve in a particular market and what effect this would have on the price and/or the quantity in that market. Use a graph to illustrate your answer. Restrict your answers to an analysis of markets in the short-run and assume 'average' looking supply and demand curves in all cases. Write your answer and draw your graph in the space provided.

1. The federal government offers a tax credit that compensate families for part of the college tuition they pay for family members attending college. What is the effect of this policy on the market for college entrances?

2. The USDA is now urging Americans to limit their consumption of added sugar, citing the many negative health consequences of excess sugar consumption. What is the impact on the market for sugar?

3. New restrictions on the use of certain pesticides in the U.S. have limited the size of the domestic apple crop in recent years. What has been the impact on the market for bananas in the U.S.? (Assume that apples and bananas are substitutes.)

4. Health and safety requirements in the city of Eugene require each restaurant in city limits to have an additional employee in the kitchen dedicated to overseeing sanitation at all times. What is the effect on the market for restaurant meals?

Reference no: EM133079613

Questions Cloud

Explain the managerial decisions or economic influences : Describe the effects of each of the following managerial decisions or economic influences on the value of the firm:
Find proportion of population : 1) Data 4-12 has cross section data for 50 states and Washington D.C. for mortality rates and their determinants. The Y variable is MORT
What probable legal defenses Williams attorney raise : If Apex Construction also sues Williams for negligence, what are the probable legal defenses Williams's attorney would raise? Explain
Field of health economics : Research the current issue "IS HEALTHCARE A RIGHT?" in the field of health economics. Summarize your findings in a twelve-page(minimum) report. include a refere
What is the impact on the market for sugar : In the following policy scenarios, explain how the policy described might cause a shift of either the supply and/or the demand curve in a particular market and
How will this transaction affect the company assets : JDK's merchandising business purchases $200,000 worth of inventory over the course of the quarter. How will this transaction affect the company assets
Submission of a short supplementary application : A centralised approval is valid in all the 27 EU member states and will become valid in the 3 additional EEA member states upon submission of a short supplement
Calculate the average value : Calculate the average value from g based on these measurements. Is it within the uncertainty you would expect from the experiment?
How much should be reported as interest expense : Rose Corporation had an overdue 8% note payable to BPI Bank at P9,000,000 and accrued interest of P720,000. How much should be reported as interest expense

Reviews

Write a Review

Business Economics Questions & Answers

  Variables often confuse the novice programmer

Variables often confuse the novice programmer. What are variables? How do we define/declare them and why?

  Illustrate what would need to reduce the supply of money

illustrate what would need to reduce the supply of money if Canada was an open economy with a flexible exchange rate.

  Deficit spending for education and scientific research

Deficit spending for education and scientific research may impose less of a tax burden on future generations than deficit-financed increases in transfer payments. Explain.

  The government levies tax on consumers

For each of the following scenarios involving the U.S. government, determine the primary function of government that is being served. The government levies a tax on consumers and businesses to pay for the provision of a public good (such as national ..

  Future revenues by the cost

New Tech uses a PW index that divides the PW of all future revenues by the cost in year 0 (PWI1). What is the index value for the following project

  Paper dollar bills instead of dollar coins

Explain Who ultimately bears the higher cost entailed in circulating paper dollar bills instead of dollar coins?

  Conventional morality and post-conventional morality

What are the differences between pre-conventional morality, conventional morality, and post-conventional morality? Give an example of each. Describe at least three situations in which you would not purchase the products of a firm even though it is ve..

  Unexpected decline in consumption spending by households

Suppose that there is an exogenous unexpected decline in consumption spending by households. Use the IS-LM, AD-AS model to derive the short-run and long-run effects on i, P, and Y.

  New york city practice price discrimination

How does a typical movie theater in New York City practice price discrimination? What strategies do they have for pricing different customers' willingness.

  Explain which level of output should be chosen

Now suppose that management believes the probability of weak demand in 2009 is 25% and the probability of strong demand is 75%. Using mean-variance analysis, explain which level of output should be chosen.

  How much should you set aside today

You plan to buy a car 5 years from now. The car will cost $32,000 at that time. if you can earn 7.32% compounded monthly, how much should you set aside today?

  What would be the business and economic profit

Susan Jones has a job as a pharmacist earning $45,000 per year, and she is deciding whether to take another job as the manager of another pharmacy for $55,000 per year or to purchase a pharmacy that generates revenue of $250,000 per year. What would ..

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