Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Management Studies


Home >> Business Management

Suppose that there are two commodities in the marketplace (X an Y ) and they are (5) completely unrelated in consumption. (They are neither compliments or substitutes.) The compensated demand elasticity for X is ηx = -0.6 and the compensated elasticity for Y is ηy = -0.4. If a 15% sales tax is applied to good X, according to the Ramsay Tax Rule, how much should the tax on Y be?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92573423
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Management

The balanced scoreboard approach has gained popularity in

The balanced scoreboard approach has gained popularity in recent years. What is this approach and how does it integrate strategic and operational control?

What situation does alex rogo find himself in - both

What situation does Alex Rogo find himself in - both personally and professionally? How does it impact on his decision making and the decision making of the company? As Alex begins his discussion with Jonah, they discuss ...

Describe different networking methods and the advantages

Describe different networking methods and the advantages and disadvantages of them?

How do you think socratic method works and why do you think

How do you think socratic method works and why do you think it works? When a broad social issue-individual rights, environmental pollution, or child custody-intrudes into our lives and moves from the abstract to the pers ...

Is it ethical for facebook to mine its users posts for

Is it ethical for Facebook to mine its users' posts for signals that those users are about to go through a break up? Is it ethical for the company to then help its clients target their ads based on this research?  Is wha ...

C programmingneed help with a program that displays the

****C PROGRAMMING**** Need help with a program that displays the prime numbers in its command-line arguments, which are assumed to be integers. Example run of the program:  ./a.out 5 2 92 424 53 42 67  output: prime numb ...

What is the difference between a heroic leader and a

What is the difference between a heroic leader and a transformational leader and which of the two is best suited to work in today's business world?

Based on land minerals and natural resources labor and

Based on land, minerals and natural resources, labor and entrepreneurial innovation, which country do you feel has the greatest long-term potential China or Russia.

What value to your future career in business is supported

What value to your future career in business is supported by research, analyasis and communication (writing and speaking)?

What value to your future career in business is supported

What value to your future career in business is supported by research, analysis and communication (writing and speaking)?

  • 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