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consider the following policies, each of which is aimed at reducing violent crime by reducing the use of guns. Illustrate the effect of each of these proposed policies in a demand and supply diagram of the gun market. For each question, show the price paid by consumers, th eprice received by producers an dthe quantity of guns sold. For each question say what is the difference between the price paid by consumers and the price received by producers in each case? For each question say whether the number of guns sold increased or decreased?
Use a new diagram for each question
a) A tax on gun buyers
b) A tax on gun sellers
c) A binding price floor on guns
Write down an expression describing total income from tickets plus popcorn plus other concessions. Forecast total incomes for regular also special Tuesday-night pricing.
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The manager of a corporate division faces the possibility of an audit every yr. She prefers to spend time preparing if she will be audited
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Which of the subsequent industries is most such asly to be monopolistically competitive. A normative economic statement such as "The minimum income should be abolished".
If hard freeze eliminates Brazil's premium coffee crop, illustrate what will happen to the price of premium coffee.
China has continued to lag well behind the rest of the world in information technologies
Illustrate what is the gain in consumer's surplus for ABC fan that can get these sweaters at Target instead of at the ABC.
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