This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Efficiency of TaxationThe graph shows the demand (D) and supply (S) for the oil market. Assume that ... (Read 252 times)

tyratatyanna

  • Full Member
  • ***
  • Posts: 137
on: Nov 23, 2022
Efficiency of Taxation

The graph shows the demand (D) and supply (S) for the oil market.
 
Assume that A=235, B=175, C=100, D=25, E=30, and F=135. What is the excess burden of a government imposed tax equal to (P4-P2)? Suppose this market suffers from a negative externality and the amount of the tax equals the marginal external cost of the externality. What is the excess burden of the tax?
◦ $130, $130
◦ $330, $330
◦ $130, $0
◦ $330, $130
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tyratatyanna on Nov 23, 2022

fdsajkl

  • Full Member
  • ***
  • Posts: 160
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 42% of students answer this correctly


tyratatyanna

  • Member
  • Posts: 137
Reply 2 on: Nov 23, 2022
Excellent

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

The Seringapatam medal shows a lion defeating a tiger The Seringapatam medal shows a lion defeating a tiger
A nurse shows empathy to a client. A nurse shows empathy to a client.
Regular staff meetings increase the efficiency of the medical office staff. Regular staff meetings increase the efficiency of the medical office staff.
Cell Grown in 15N and 14 N: Graph of Relative DNA Concentration Vs. the Density Cell Grown in 15N and 14 N: Graph of Relative DNA Concentration Vs. the Density
A karyotype shows this child has three copies of chromosome 21. A karyotype shows this child has three copies of chromosome 21.
Graph Liters per Hour Graph Liters per Hour
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library