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

Author Question: To prevent obesity, the government may establish a tax on high caloric foods, such as twinkies. A ... (Read 88 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
on: Jul 1, 2018
To prevent obesity, the government may establish a tax on high caloric foods, such as twinkies. A twinkie tax will have the smallest impact on quantity demanded when the demand curve for twinkies is
 
  A) perfectly elastic.
  B) perfectly inelastic.
  C) more elastic than the supply curve.
  D) both A and B.

Question 2

Who will bear the burden of a 0.50 tax placed on soda suppliers (consumer or seller) in a soda market where Qd = 225-10P and Qs = 50 + 15P?
 
  A) Consumers pay 0.30 of the tax, bearing the burden.
  B) Consumers pay 0.25 of the tax, bearing the burden.
  C) Sellers pay 0.25 of the tax and bear the burden.
  D) Sellers pay all of the tax and bear the burden.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bhavsar

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jul 1, 2018
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


Evvie72

  • Member
  • Posts: 519
Reply 2 on: Jul 1, 2018
Wow, this really help

atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

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

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

(c) snow in Nunavut, alter the local albedo, causing altered microclimates. High albedos are found (c) snow in Nunavut, alter the local albedo, causing altered microclimates. High albedos are found
Environmental influences on obesity Environmental influences on obesity
Dry hands and forearms thoroughly with clean paper towels to prevent chapping. Dry hands and forearms thoroughly with clean paper towels to prevent chapping.
Many products are available to help those who are lactose intolerant enjoy dairy foods Many products are available to help those who are lactose intolerant enjoy dairy foods
Concerns and Regulations for GE Foods Concerns and Regulations for GE Foods
Increase in Obesity among U.S. Children and Adolescents Increase in Obesity among U.S. Children and Adolescents
Video: Major Elements in Biological Molecules: Carbohydrates

For a complete list of videos, visit our video library