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 105 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?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

The cotton-top tamarin (Saguinus oedipus), also known as the Pinche tamarin, is a small New W The cotton-top tamarin (Saguinus oedipus), also known as the Pinche tamarin, is a small New W
The small intestine. Anterior view of the abdominopelvic cavity illustrating how the three sections The small intestine. Anterior view of the abdominopelvic cavity illustrating how the three sections
Geometry of carbon bonding Geometry of carbon bonding
13 Carbon Atoms 13 Carbon Atoms
Carbon dioxide: The anthropogenic greenhouse gas of primary concern Carbon dioxide: The anthropogenic greenhouse gas of primary concern
Endocytosis: Absorption Methods in the Small Intestine Endocytosis: Absorption Methods in the Small Intestine
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library