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Author Question: To prevent obesity, the government may establish a tax on high caloric foods, such as twinkies. A ... (Read 99 times)

Evvie72

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on: Jul 1, 2018
To prevent obesity, the government may establish a tax on high caloric foods, such as twinkies. A twinkie tax will have the smallest impact on quantity demanded when the demand curve for twinkies is
 
  A) perfectly elastic.
  B) perfectly inelastic.
  C) more elastic than the supply curve.
  D) both A and B.

Question 2

Who will bear the burden of a 0.50 tax placed on soda suppliers (consumer or seller) in a soda market where Qd = 225-10P and Qs = 50 + 15P?
 
  A) Consumers pay 0.30 of the tax, bearing the burden.
  B) Consumers pay 0.25 of the tax, bearing the burden.
  C) Sellers pay 0.25 of the tax and bear the burden.
  D) Sellers pay all of the tax and bear the burden.
Microeconomics ¦ Perloff ¦ 8th Edition
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bhavsar

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Reply #1 on: Jul 1, 2018
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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Evvie72

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

ASDFGJLO

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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