Taxes, Microeconomics

Hotel rooms go for $100/room and sell 1000/day; if taxed at $10/room and rate goes to $108 and 900 rooms are sold, what''s the tax revenue and dead weight loss?
Posted Date: 3/24/2013 4:02:39 PM | Location : United States







Related Discussions:- Taxes, Assignment Help, Ask Question on Taxes, Get Answer, Expert's Help, Taxes Discussions

Write discussion on Taxes
Your posts are moderated
Related Questions
Maurice has the following utility function: U (X; Y ) = 20X + 80Y ?? X2 ?? 2Y 2 where X is his consumption of CDs, with a price of $1, and Y is his consumption of movie videos, wit

User Cost of Capital = Economic Depreciation + (Interest Rate)(Value of Capital) - Example An Airline buys Boeing 737 for $150 million with the expected life of 30

what do you understand by demographic window acess by india

Comparison of sameulson revealed preference theory with the Hicksian revealed preference theoru

V alue Chain It is the collection of activities within an organization that allows it to compete within an organization. The activities in a value chain can be grouped into


What is the difference between Price inflation and Wage Inflation?  Price inflation is the rate of enhance in the prices of goods and services whereas the wage inflation is ra

The Productivity Growth Slowdown However in 1973 steady trend of climbing rates of productivity growth stopped cold. Between 1973 and 1995 measured growth in output per worker

When does deadweight loss occur to society? Applying consumer and producer surplus the efficiency costs of a tax: A tax causes a deadweight loss to society, since less the g

What is the role of profits in a market economy? Profits act as an incentive to producers and potential entrepreneurs, and also as a signal to both that resources may be re-al