Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

The market demand and supply function for VCR movie rentals are:
QD= 10 - 0.04p and QS 3.8P = 4. find out the equilibrium quantity and price and point elasticity of demand in equilibrium. next, find out producer surplus. suppose that VCR movie rentals are taxed at $ 0.25 per unit. find out the revenus generated by the tax. find out the loss in producer surplus. what percentage of the burden of the tax falls on producers?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M941836

Have any Question? 


Related Questions in Microeconomics

Qestion two consumers hae identical utility functions uxy

Question: Two consumers hae identical utility functions, U(x,y) = Max(x,y). There are eight units of x and eight units of y. What are the pareto optimal allocations for this economy? Math not required (intuition question ...

Question how can effective communication with people who

Question: How can effective communication with people who are different from us positively impact our personal identity? In what way does this affect our ability to understand other people's communication? Provide concre ...

Question these are two essay questions please select one

Question: These are two essay questions. Please select one of the two questions. Note, that question #1 has multiple parts; if you select that question, you must answer all parts of the question. Question #2 has two main ...

Question identify a solution that the business community

Question: Identify a solution that the business community appears to favor for the current annual budget deficit in the US. For example, in the area of health care, the business community may prefer a policy that permits ...

Question older business cycle theories used to focus on

Question: Older business cycle theories used to focus on what was called the ‘‘interaction of the multiplier and the accelerator'' to produce endogenous business cycles; the accelerator said that investment was proportio ...

Question identify the big five dimensions of personality

Question: Identify the Big Five dimensions of personality and elements of core self-evaluations and describe how they are related to key aspects of organizational behavior. The response must be typed, single spaced, must ...

Question if a coal mining company would be willing to

Question: If a coal mining company would be willing to produce and sell 9 million tons a year at $150/ton, but would be willing to produce and sell 11 million tons a year at $250/ton, - calculate its price elasticity of ...

Question acknowledging country risks and opportunities

Question: Acknowledging country risks and opportunities relative to key exports is essential in comprehending the effect of globalization on our world economy. Compare and contrast the strengths, weaknesses, opportunitie ...

Question the capital asset pricing model postulates a

Question: The Capital Asset Pricing Model postulates a relationship between the returns to a particular stock and the return on the market. Go to the Internet and obtain monthly stock price data for Microsoft, GE, IBM, P ...

Question - a report came out in july last year that said

Question - A report came out in July last year that said Australia's "do nothing" approach of up-taking electric cars could cost the local economy over $350 million in the next 20 years, on top of the one million tonnes ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved