How is the incidence of a sales tax between the buyer and the seller determined?
What will be an ideal response?
Question 2
Andrew has the utility of wealth curve shown in the above figure. He owns an SUV worth 30,000 and that is his only wealth. There is a 10 percent chance that he will have an accident within a year. If he does have an accident, his SUV is worthless.
Suppose all SUV owners are like Andrew. An insurance company agrees to pay each person who has an accident the full value of his/her SUV. The company's operating expenses are 1,500. What is the minimum insurance premium that the company is willing to accept? A) 1,500 per year
B) 4,500 per year
C) 3,000 per year
D) 6,000 per year
Incidence of acute hepatitis B in the United States, 1980–2008.
The tertiary of a transfer RNA as determined by X-Ray diffraction
Environment of tRNAs at the ribosome as determined by cross-linking
Protein Needs Are Determined by Nitrogen Balance in Your Body
Incidence of Down syndrome births related to maternal age
Mutagenicity of aflatoxin B1 determined by the Ames test