What is the long-run welfare effect of a profit tax

Reference no: EM131345667

What is the long-run welfare effect of a profit tax (the government collects a specified percentage of a firm's profit) assessed on each competitive firm in a market?

Reference no: EM131345667

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What is the long-run welfare effect of a profit tax : What is the long-run welfare effect of a profit tax (the government collects a specified percentage of a firm's profit) assessed on each competitive firm in a market?

Dropping downward with acceleration : The force on the hanging rope is (let's take the downward directon as positive): F = m g - 18 N But this has to equal m*a by Newton's second law and we know that a = 3 m/s^2. m g - 18 N = m*(3 meters/s^2) ---> m = 18 N/[g - 3 m/s^2] = 2.64 kg

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Show the welfare effects in your figure : Illustrate using a figure and explain. Show the welfare effects in your figure. Use a table to show who gains or loses.

Opposite direction of the work : I tried to use Workk= coefficient of friction x mass x g x displacement = .35(5kg) (9.8) (6m)= 102.9 and then negative because it is in the opposite direction of the work done by the rope. but this is not correct. Then I tried the same formula a..

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