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

Author Question: Tax Burden and Tax FairnessThe graph shows the demand (D) and supply (S) in the market for sugar, ... (Read 245 times)

llesku

  • Full Member
  • ***
  • Posts: 175
on: Nov 23, 2022
Tax Burden and Tax Fairness

The graph shows the demand (D) and supply (S) in the market for sugar, where P represents the price for a pound of sugar and Q represents thousands of pounds sold.
 
Assume that P1=$2.75, P2=$3.05, P3=$5.00, Q1=15, and Q2=46. Suppose the government decides to levy a tax on sugar that shifts the supply curve to Stax. What is the per-unit tax? What is the tax incidence for consumers? For producers?
◦ $2.25, $0.30, $1.95
◦ $5.00, $5.00, $2.75
◦ $5.00, $2.75, $5.00
◦ $2.25, $1.95, $0.30
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 llesku on Nov 23, 2022

char00char

  • Full Member
  • ***
  • Posts: 173
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 29% of students answer this correctly


llesku

  • Member
  • Posts: 175
Reply 2 on: Nov 23, 2022
Gracias!

laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Shope’s Model of Young Driver Crash Risks The model shows that many factors contribute to crash ris Shope’s Model of Young Driver Crash Risks The model shows that many factors contribute to crash ris
A fuel-pressure graph after key on, engine off (KOEO) on a TBI system. A fuel-pressure graph after key on, engine off (KOEO) on a TBI system.
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
The figure shows an LR circuit with a switch and a 240-volt battery. At the instant the switch ... The figure shows an LR circuit with a switch and a 240-volt battery. At the instant the switch ...
Video: Blood Flow through the Human Heart

For a complete list of videos, visit our video library