« previous next »

Author Question: If a tax is imposed per unit of a good sold, ________. A) the supply curve for the good shifts to ... (Read 88 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
on: Jun 29, 2018
If a tax is imposed per unit of a good sold, ________.
 
  A) the supply curve for the good shifts to the right
  B) the supply curve for the good shifts to the left
  C) the demand curve for the good shifts to the right
  D) the demand curve for the good shifts to the left

Question 2

A fruit retailer buys 50 pounds of apples from the wholesale market every day. The retailer has observed that 20 of the apples bought each time are not of good quality.
 
  Because it is not possible for the retailer to check each apple before buying, how much should he pay for each pound if he values good apples for 1.40 per pound while he has a value of zero for bad quality apples? A) 1.12 per pound
  B) 1.20 per pound
  C) 1.40 per pound
  D) 2 per pound


nmyers

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

What makes tea so good What makes tea so good
blood supply blood supply
A dual-nozzle TBI unit on a Chevrolet 5.0 L V-8 engine. The fuel is squirted above the throttle ... A dual-nozzle TBI unit on a Chevrolet 5.0 L V-8 engine. The fuel is squirted above the throttle ...
Biosynthesis of the repeating oligosaccharide unit of the O antigen of Salmonella typhimurium Biosynthesis of the repeating oligosaccharide unit of the O antigen of Salmonella typhimurium
Normal frequency distribution, characterized by a bell-shaped curve Normal frequency distribution, characterized by a bell-shaped curve
Type II curve. Mortality does not vary with age. Data for five-lined skink (Eumeces fasciatus). Type II curve. Mortality does not vary with age. Data for five-lined skink (Eumeces fasciatus).
Video: baroreceptors

For a complete list of videos, visit our video library