Analysis of the proposed policy

Assignment Help Basic Computer Science
Reference no: EM132022474

Suppose the Tasmanian state government is considering imposing additional taxes on cigarettes to curb health related problems. Assume there is no interstate trade of cigarettes. You have been hired by the state government to provide some analysis of the proposed policy.

a) Previous studies indicate that the price elasticity of demand for cigarettes is 0.4. If a packet of cigarettes currently costs $8 and the government wants to reduce smoking by 20 percent, by how much should it increase the price?

Reference no: EM132022474

Questions Cloud

Average beta of the new stocks added to the portfolio : What should be the average beta of the new stocks added to the portfolio?
Asian miracle continue in the new millennium : Can the Asian miracle continue in the new millennium?
Calculate the net present value of each project : Using a discount rate of 10 percent, calculate the net present value of each project.
Are social security taxes a good investment : Are Social Security taxes a good investment? Evaluate the current funding process for Social Security and Medicare.
Analysis of the proposed policy : Assume there is no interstate trade of cigarettes. You have been hired by the state government to provide some analysis of the proposed policy.
Difference in education level among police officers : Determine whether particular educational backgrounds are more likely to end up in particular units, which could be helpful for recruiting
Calculate the hernandez total return for this investment : Calculate the Hernandez total return for this investment.
Coverage ratios as covenants are calculated using values : Coverage ratios as covenants are calculated using values from the _________. Current ratios as covenants are calculated using values from the ______.
Formulate a balanced transportation problem : Assignment - Transportation, Assignment, and Transshipment Problems - Formulating Transportation Problems. Minimize the sum of shortage and shipping costs

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Write program determines sales person total sales and salary

Write a program that determines for each sales person their total sales and their salary

  Goal of reaching consensus on one kind of ice cream

Design an algorithm which can survey and re-survey each person, with the goal of reaching consensus on one kind of ice cream. The algorithm can present answers to each person in the group until a consensus is reached.

  Determine if it actually is a good career move or a dead end

You are not sure about the exact responsibilities of the CPO position or what authority the person in this position would have at this particular company. How would you go about evaluating this opportunity to determine if it actually is a good car..

  A change to my coin tossing program

A change to my Coin Tossing program

  How do these new requirements impact on indexes chosen

Stay Home Online Rentals have decided that they wish to extend the online information offered to their clients.

  Most useful measure of network costs

How does network cost of ownership (aka real TCO) differ from total cost of ownership? Which is the most useful measure of network costs from the point of view of the network manager? Why?

  Data from the last few years of the national accounts

Go to the Bureau of Economic Analysis (Links to an external site.)Links to an external site. (BEA) website and look at quarterly data from the last few years.

  The reflexive closure of r has how many elements

For this question let:A = {a, b, c, d} and R is a subset of A * A where, R = {(a, a), (b,b), (c, c), (a, b), (b, c), (c, d), (d, c)} a) The reflexive closure of R has how many elements? b) The symmetric closure of R has how many elements? c) The tran..

  Same name as a local variable

How can a function call have fewer arguments than parameters? How is a global variable referenced that has the same name as a local variable?

  What is the amount of each mortgage payment?

The loan terms require monthly payments for 15 years at an annual percentage rate of 4.60 percent, compounded monthly.

  Message preparation and transmission facilities

Which communications service provides message preparation and transmission facilities?

  Write a summary of your findings and opinions

Write a summary of your findings and opinions on this topic, and cite your references. Note: For this exercise and others, remember that you can find references cited in this text, suggested readings, and links to general project management Web si..

Free Assignment Quote

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd