Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A country that does not currently tax cigarettes is considering the introduction of a $0.40 per pack tax. The economic advisors to the country estimate the supply as well as demand as well as curves for cigarettes as:
Qd = 140,000-25,000PQs = 20,000+75,000Pwhere Q= daily sales in packs of cigarettes as well as P = cost per pack. The country has hired you to provide the following information regarding the cigarette market as well as the proposed tax:
a) What are the equilibrium cost as well as quantity with no tax?
b) What cost as well as quantity would prevail after the imposition of the tax? Illustrate the portion of tax which would be borne by buyers as well as sellers, respectively?
c) Calculate the deadweight loss from the tax. Illustrate that the tax be acceptable in spite of the deadweight loss? What tax revenue will be generated?
Consider that, in this case, we 1st add (marginal) costs, not quantities, since these are the costs associated with each t-shirt.
Analyze a situation in which both parties entering into a contract could benefit, economically or otherwise, from slightly ambiguous language contained in the contract.
Why is monitoring and controlling the project cost important for the success of the project.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
What is the equilibrium cost as well as equilibrium supply.
The terms of trade if the united states trades 1 can of soda for 5 units of clothing.
Using the numbers that you calculated above, explain the relationship between the marginal cost and average variable cost.
If Frank's salary as a sales manager was $70,000 instead of $100,000 would your answer be different.
This would be ideal because he would have the same number of pretzels as he would soda leaving no money left to spend.
Pretentious that yields for each stock are around generally distributed, with which investment strategy do you have the smallest chance of losing money?
How can a compensation scheme designed to enhance worker motivation lead to this result.
Show the balance sheets of Swede world only commercial bank after the initial deposits
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd