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Author Question: Related to the Economics in Practiceon page 121: Before the imposition of an excise tax on beer, ... (Read 13 times)

NguyenJ

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Question 1

Related to the 
Economics in Practice on page 121: Before the imposition of an excise tax on beer, name-brand beer sold for $20 per case and generic beer sold for $12 per case. After the imposition of the tax, name-brand beer sold for $28 per case and generic beer sold for $20 per case. The slope of the budget line for a consumer choosing between name-brand and generic beer before the tax was imposed was


◦ 0.6.
◦ 0.71.
◦ 1.4.
◦ 1.67.

Question 2

Related to the 
Economics in Practice on page 121: Before the imposition of an excise tax on beer, name-brand beer sold for $20 per case and generic beer sold for $12 per case. After the imposition of the tax, name-brand beer sold for $28 per case and generic beer sold for $20 per case. The slope of the budget line for a consumer choosing between name-brand and generic beer after the tax was imposed was


◦ 0.6.
◦ 0.71.
◦ 1.4.
◦ 1.67.


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Marked as best answer by NguyenJ on Apr 19, 2019

aburgess

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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.
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NguyenJ

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)


JaynaD87

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Reply 3 on: Yesterday
Wow, this really help

 

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