What in the amount of the producer's expenditures in the market below, given Pa and Qe you define? 10 6. 8. 6. 4. 0. 0 1 2 3 45 6 8 9 10 11 12 13 14 15 16 17 18 19 Quantity Whit n the anount of net benefit that consumers expecf to receive from consuming the fourth banana? 11 10 Pm-$8 20 32 14 23 20 27 Price/MC

What in the amount of the producer's expenditures in the market below, given Pa and Qe you define? 10 6. 8. 6. 4. 0. 0 1 2 3 45 6 8 9 10 11 12 13 14 15 16 17 18 19 Quantity Whit n the anount of net benefit that consumers expecf to receive from consuming the fourth banana? 11 10 Pm-$8 20 32 14 23 20 27 Price/MC

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter13: Positive Externalities And Public Goods

Section: Chapter Questions

Problem 9RQ: In what ways (it) company investments in research and development create positive externalities?

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mentQu102 - P Search (Alt+Q) es Mailings Review View Help Ao三、三、i、 AaBbCcDd AaBbCcDd AABBCC AABBCCD AaB AaBbCcD = 三、、田、 1 Normal 1 No Spac. Heading 1 Heading 2 Title Subtitle Paragraph 5) There have been proposals that a tax be imposed on sugar-laden soft drinks in an attempt to reduce their consumption. Assume for simplicity that all bottled soft drinks are the same size. Suppose the initial market equilibrium is P = $2.00 and Q= 1000. (see figure 2 below) Styles a) Refer to Figure 2. Suppose the government imposes a tax of $0.60 per soft drink purchased. The price paid by the consumer becomes = b) Refer to Figure 2. Suppose the government imposes a tax of $0.60 per soft drink purchased. The after-tax price received by the seller becomes = c) Refer to Figure 2. Suppose the government imposes a tax of $0.60 per soft drink purchased. The government total tax revenue from sales of soft drinks is = %3D d) Refer to Figure 2. Suppose the government imposes a tax of $0.60 per soft drink…
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INCREASE IN TAX ON ALCOH OL AND TOBACCO Specific excise duty on alcohelle bever ges and tobacco products will increase by 8% INCREASES WIT MOUT BEER 14c per 340ml can UNFORTIFIED WNE 56e per 7 50mi bottle FORTIFIED WINE 44c per 750ml bottle SPARKLING WINE 86c per 750ml bottle APPLE BEER AND ALCOHOLIC FRUIT DRINKS 14c per 840ml can STRONG BEVERAGE/ORINKS RS,50 per 750ml bottle 1 Excise duty is also known as 2 In your opinion, do you think it was the right decision to increase excise taxes? Motivate your answer.
1,050,000 1,000,000- 950,000 Price (dollars per car), 900,000- so850,000- 800.000 2750,000- 700,000- 650,000- 600,000+ 0 Fred 8 Michel 1 2 Hua ****** $5200000 3 4 5 John Marty Bob Blaise 8 9 Quantity Demanded(cars per year) If the price of a Spyder drops to $650,000, Instructions: Enter your responses as a whole number. a. how many Spyders can be sold at that price? b. how much consumer surplus will there be if all the cars are sold at that price? Combined consumer surplus: $ c. how much revenue (= price x quantity) will the car dealer get if he sells all the cars at (1) the same price ($650,000)? (ii) the maximum price each buyer is willing to pay?
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3. The figure shows supply and demand for planting trees, based on private costs and private value. Trees sequester carbon, meaning that they help counteract pollutants that contribute to climate change. Supply is given by P=(1/5)Q+4. Price of trees ($) 16 vlleiona sdi toode grind of gaitneleon oxibiadua Insamovog od bluoria doum woll > (laval lernitqo siooz - love pioiflo aniH) Sninaly sou to level insioifto Quantity of trees 80 Vanui D=PV=SV a. Suppose that the carbon sequestration that results from planting a tree is worth $4. Graph the social cost curve for tree planting that accounts for the positive externality indo of trees. O noitesubs sgo lovel yus 101 aftened steving sdh besoxs noitesubs 02/20 exibiadure of me 1944an2be agellos to innome insisifie yllisimmanoce sil oiterubo ogollos to calv b. Ignoring the positive externality, how many trees will be planted? uba