Reference no: EM13954878
Need assistance answering these three questions please!
A key skill in economics is the ability to use the theory of supply and demand to analyze specific markets. In this assessment, you will demonstrate your ability to analyze the effects of several "shocks" on the market for first class mail (e.g., letters).
Carbon tax: Suppose the government imposes a carbon tax that increases the fuel costs at gas stations.Will this affect the supply or the demand for gasoline? Why? Which determinant of demand or supply is being affected?Show graphically with before and after curves on the same axes.How will this change the equilibrium price and quantity of gasoline? Explain your reasoning. (Be sure to identify which of the following apply: the cost of production, a change in technology, tastes and preferences, income, the price of substitutes or the price of complements affects equilibrium price and equilibrium quantity)
Electric cars: Now consider the invention of cheap electric vehicles.Explain how you imagine the invention of cheap electric cars would affect the demand for gasoline? Why? Which determinant of demand or supply would be affected?Show graphically with before and after curves on the same axes.How will this change the equilibrium price and quantity of gasoline? Explain your reasoning. (Be sure to identify which of the following apply: the cost of production, a change in technology, tastes and preferences, income, the price of substitutes or the price of complements affects equilibrium price and equilibrium quantity)
Combine Cases 1 and 2: Suppose that a carbon tax is imposed and electric cars become common.
- What will the combined impact be on the equilibrium price and quantity of gasoline?
- Explain your reasoning and show graphically. Remember quantity falls, but change in price is indeterminate, since it depends on which curve shifts more.
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Calculate minimum debroglie wavelength of emitted electrons
: The photoelectric binding energy of cesium is 183.7 kJ/mol. Light having a wavelength of 2.4m falls upon a cesium surface in an evacuated tube. Calculate the minimum deBroglie wavelength of the emitted photoelectrons.
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Apply the appropriate far clauses in order to meet
: Create a compliance matrix and prepare a FAR-compliant proposal in response to the RFP from Assignment 2. Note: You may create and /or assume all necessary assumptions needed for the completion of this assignment.
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Client suggestions for the conduct of an audit
: a.) To what extent should auditors follow the client's suggestions for the conduct of an audit? Discuss. b.) List and discuss the reasons the audit work should not be assigned solely according to asset, liability, and income and expense categories..
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What is the probability of rolling a prime number
: Explain why odds of 4 to 5 in favour of an event occurring have a different meaning than the same event having a probability of 4/5.
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The theory of supply and demand to analyze specific mark
: A key skill in economics is the ability to use the theory of supply and demand to analyze specific markets. In this assessment, you will demonstrate your ability to analyze the effects of several "shocks" on the market for first class mail (e.g., let..
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How companies and countries are becoming specialised
: How companies and countries are becoming specialised in certain industries to compete and expand their businesses. Compare Australia with any other country.
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Which nucleon is more tightly bound, the neutron or proton
: Find the energy (in MeV) that binds the neutron to the ^14/7N nucleus by considering the mass of the ^13/7N and the mass of ^1/0n, as compared to the mass of ^14/7N.
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Compliance matrix and prepare a far-compliant
: As the Contract Officer (CO) of your newly formed company, you will create a compliance matrix, and then draft a proposal in response to the RFP from Assignment 2.
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Unethical management behaviour
: Describe the ethical dilemma, and use relevant examples, theories and perspectives to persuade the reader of the value of your argument - Unethical management behaviour
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