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Author Question: Suppose that the government imposes a 2 a cup tax on coffee. What de-termines by how much Starbucks ... (Read 45 times)

jerry coleman

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Suppose that the government imposes a 2 a cup tax on coffee. What de-termines by how much Starbucks will raise its price? How will the quantity of coffee bought in coffee shops change? Will this tax raise much revenue?
 
  What will be an ideal response?

Question 2

The underground economy  the informal sector  can be a significant drag on the economies of developing countries. Why are firms in the informal sector often less efficient than firms in the formal sector?
 
  What will be an ideal response?


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babybsemail

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jerry coleman

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Reply 2 on: Jun 29, 2018
Gracias!


smrtceo

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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