Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

WITH reference to incidence taxation,explain with the help diagrams,who bears the incidence of taxation when the demand for a commodity is perfectly inelastic, perfectly elastic and unitary elastic?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9504917

Have any Question?


Related Questions in Microeconomics

Question many of us want to lose weight yet we find it much

Question: Many of us want to lose weight, yet we find it much easier to gain weight than to lose it! Given it takes approximately 3,000 extra calories of food to increase our weight by one pound, why is it so difficult f ...

Question the national park service charges visitors to a

Question: The National Park Service charges visitors to a certain monument a $5 per car admission fee and an additional fee of $5 per camera. Is this necessarily price discrimination or might it be based on costs? If it ...

Question 1 how many ratios of exchange would an individual

Question: 1. How many ratios of exchange would an individual have to cope with in a barter economy with 276 different items available for exchange? 2. How many absolute prices would there be if one of the items available ...

Question a manufacturer estimates that when q units of a

Question: A manufacturer estimates that when q units of a certain commodity are produced the profit obtained is P(q) thousands dollars, where P(q)=-2q^2+74q-72. Part 1. Find the average profit and the marginal profit fun ...

Question in 2009 us households were not even buying a

Question: In 2009 U.S. households were not even buying a toaster when it wore out. Which economies that are major trading partners of the United States are presently in slowdowns? How long do you think that situation wil ...

Question your company is considering whether to retain the

Question: Your company is considering whether to retain the highest-quality raw materials supplier available. Assuming that it really is the best supplier, does this ensure that you will make an economic profit? Explain. ...

Question - janice really likes potatoes at best any other

Question - Janice really likes potatoes. At best any other goods are worth less than a dollar to her, potatoes cost $1.00 per pound, and she has $6.00 that she could possibly spend on potatoes or other items. Suppose she ...

Question consider an industry with demand q 120 - 3p and

Question: Consider an industry with demand q = 120 - 3p and supply q = 2p - 10. Suppose that production is polluting the environment and that the marginal social cost of production is given by MSC(q) = 1/2 q^2. (a) What ...

Question a newspaper headline reads state officials take on

Question: A newspaper headline reads: "State Officials Take on Pricing Regulations to Try to Provide Better, Dependable Income to Dairy Farmers." Is providing dependable income to dairy farmers a good policy goal for gov ...

Question suppose a city releases 16 million gallons of raw

Question: Suppose a city releases 16 million gallons of raw sewage into a nearby lake. Table shows the total costs of cleaning up the sewage to different levels, together with the total benefits of doing so. (Benefits in ...

  • 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