need answer as a assignment right now please, Microeconomics

Assignment Help:

Consider what would happen if a taxes of 10000$ was imposed on imported automobiles on dealers.Using a demand and supply diagram, show its impact of price and quantity. Suppose the demand for automobiles is very elastic.Explain using diagram the impact of the tax, on buyers and automobiles dealers.Given that demand is elastic, do you think this taxation policy will help to reduce traffic on roads?Will it raise higher government revenue?Why would you think demand for automobiles is elastic?

Related Discussions:- need answer as a assignment right now please

Explain about natural monopoly, Q. Explain about Natural Monopoly? Natu...

Q. Explain about Natural Monopoly? Natural Monopoly: In some industries, economies of scale are so strong that it makes most economic sense for there to be just one supplier. T

Define the is-lm model and the keynesian model, What are the differences be...

What are the differences between the IS-LM model and the Keynesian model? The 'simple' Keynesian model is a simplified model to exemplify Keynes's idea about the equilibrium i

Natural resource economics, Normal 0 false false false ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Inorganic chemistry, info about Inorganic chemistry

info about Inorganic chemistry

Total revenue and total cost curves., maximum profits will occur at the out...

maximum profits will occur at the output level

Supply and demand, Explain the meaning of the statement "coffee and tea are...

Explain the meaning of the statement "coffee and tea are close substitutes".

Different pricing strategies of firms under oligopoly, Problem : (a) W...

Problem : (a) With reference to the characteristics of market structure, explain why the market for powdered milk in Mauritius is an appropriate example of monopolistic compet

Stoichiometry , Mg(OH)2 + 2HCl-----> MgCl2 +2H2O how many grams of magnesiu...

Mg(OH)2 + 2HCl-----> MgCl2 +2H2O how many grams of magnesium chloride can be produced from 14.60mL of a 0.546M hydrogen chloride solution?

Factors of production, what are the charecteristics of capita

what are the charecteristics of capita

World bank, WORLD BANK: The World Bank group is a partner in opening m...

WORLD BANK: The World Bank group is a partner in opening markets and strengthening economies. Its goal is to improve the quality of life and expand prosperity for people every

Write Your Message!

Name

Email id

Message

Verfication Code

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages