« previous next »

Author Question: The vertical distance of the shift in supply from a specific tax of t amount on producers will A) ... (Read 19 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
on: Jul 1, 2018
The vertical distance of the shift in supply from a specific tax of t amount on producers will
 
  A) equal t.
  B) be less than t.
  C) depend on the elasticity of supply.
  D) depend on the incidence of the tax.

Question 2

Lisa runs a local flower shop. If it rains on Valentine's Day and she opens the shop, she will lose 200. If it does not rain on Valentine's Day, she will earn 500 dollars as profits.
 
  What is Lisa's expected profit on Valentine's Day if she only knows that there is a 30 chance of rain that day? A) 350
  B) 290
  C) 200
  D) 150


asdfasdf

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

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.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

The planes of the body. The sagittal plane is vertical from front to back, the frontal plane is vert The planes of the body. The sagittal plane is vertical from front to back, the frontal plane is vert
Telomere length is related to the amount of time adults spend in leisure time activity. Source: Ada Telomere length is related to the amount of time adults spend in leisure time activity. Source: Ada
How to plot a sine function containing an amplitude and phase shift (Question 1 of 3) How to plot a sine function containing an amplitude and phase shift (Question 1 of 3)
How to horizontally shift a quadratic function along the x-axis How to horizontally shift a quadratic function along the x-axis
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 ...
What mass, in grams, of a 5.00% by mass sugar water solution is needed to supply What mass, in grams, of a 5.00% by mass sugar water solution is needed to supply
Video: Exercise and cardiac output & Definition of stroke volume

For a complete list of videos, visit our video library