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

Author Question: Suppose the government imposes a small carbon tax on automakers. But the price of gasoline has ... (Read 123 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
on: May 24, 2019
Suppose the government imposes a small carbon tax on automakers. But the price of gasoline has doubled due to a Middle East crisis which has reduced oil production. In the market for autos, these changes mean that supply and demand have both changed with the effect on the demand larger than the effect on the supply. The result is that the price of autos will ________ and the number of autos sold will ________.
◦ rise; perhaps change but we can't say if it increases, decreases, or stays the same
◦ rise; increase
◦ rise; decrease
◦ fall; perhaps change but we can't say if it increases, decreases, or stays the same
◦ fall; decrease
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jessicacav on May 24, 2019

Carissamariew

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: May 24, 2019
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 50% of students answer this correctly


jessicacav

  • Hero Member
  • *****
  • Posts: 558
Reply #2 on: May 24, 2019
Thanks


Carissamariew

  • Sr. Member
  • ****
  • Posts: 359
Reply #3 on: May 24, 2019
Welcome :)


« previous next »
 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Approximately 1 pound (0.45 kg) of ground elk meat formed into patties; note the relatively small fa Approximately 1 pound (0.45 kg) of ground elk meat formed into patties; note the relatively small fa
Carbon Cycle Carbon Cycle
Inflammation of the oropharynx and petechiae (small red spots) on the soft palate caused by strep ... Inflammation of the oropharynx and petechiae (small red spots) on the soft palate caused by strep ...
Use small circular strokes up the ankle and leg. Use small circular strokes up the ankle and leg.
Carbon Monoxide and Water Molecules Interaction Carbon Monoxide and Water Molecules Interaction
Functional Groups of Carbon Functional Groups of Carbon
Video: Hormonal regulation of pregnancy - week 1

For a complete list of videos, visit our video library