User Account

All Pages

What is the socially optimal tax on private supply

Assignment Help Business Economics
Reference no: EM131198278

Suppose you are studying the recent rise in shale energy. You know the inverse private demand function for shale energy is P = 100 - Qd. The private supply of shale energy is P = Qs. However, shale energy can potentially lead to pollution. The marginal social cost curve is equal to P = 3Qs. What is the socially optimal tax on private supply?

Reference no: EM131198278

Questions Cloud

The opportunity cost to nimrod of catching a deer : On the other hand, Nimrod is just as capable a hunter as ever; it takes him an average of only 2 hours to catch a deer. His fishing has suffered in the same way Grok's has, so that it also will take him 4 hours to catch a fish. What is the opportunit..
Socially optimal tax on private supply : Suppose you are studying the recent rise in shale energy. You know the inverse private demand function for shale energy is P = 100 - Qd. The private supply of shale energy is P = Qs. However, shale energy can potentially lead to pollution. The margin..
What is the economic profit under monopoly : Under perfect competition, what is the equilibrium price? What is the economic profit under monopoly? (in millions) What is the economic profit under perfect competition? (in millions)
The price of computer decreases : Consumers regard Dell computers and Gateway computers as substitutes. If the price of a Dell computer decreases
What is the socially optimal tax on private supply : Suppose you are studying the recent rise in shale energy. You know the inverse private demand function for shale energy is P = 100 - Qd. The private supply of shale energy is P = Qs. However, shale energy can potentially lead to pollution. The margin..
The dead weight loss to society caused by the externality : Suppose you are studying the recent rise in shale energy. You know the inverse demand function for shale energy is P = 100 - Qd. The supply of shale energy is P = Qs. However, shale energy can potentially lead to pollution. The marginal social cost c..
Taking the case of tesla discuss what would be the strategy : Taking the case of Tesla, Discuss what would be the strategy to source, capture and exploit innovation?
What is the required sales volume : The Abner Corporation, a retail seller of television sets, wants to determine how many television sets it must sell to earn a pro t of $10,000 per month. The price of each television set is $300, and the average variable cost is $100. a.What is the r..
Operated car assembly plant : Volvo A.B., the Swedish auto rm, operated a car assembly plant at Uddevalla in 1988. The idea was to have a small team of highly skilled workers build an entire car. According to the pro- ponents, this would reduce the tedium associated with the conv..

Reviews

Write a Review

Business Economics Questions & Answers

  Worth of bonds to the public in an open market operation

If the Bank of Canada sells $100 million worth of bonds to the public in an open market operation, what is the change in quantity of money that will eventually result? Assume that the currency drain is 0.15 and the desired reserve ratio is 0.05, and ..

  Government budget at the equilibrium level of income

Is there a surplus or deficit in the government budget at the equilibrium level of income.

  Pure competition-oligopoly and pure monopoly

Pure competition, Oligopoly, Pure monopoly, monopolistic competition. Describe each and give an example.

  Consider a simultaneous game between two players

Consider a simultaneous game between two players (Player 1 and Player 2). Each player has the option to play either Up or Down, and their payoffs are represented by the table. Is this a constant sum game?

  What are some of the formal global financial links

The complexity of the international financial community has never more apparent during a global financial crisis. The international financial community is more vital to the functioning of the US economy than many traditional economic institutions in ..

  Define the concept of a supply schedule or curve

Define the concept of a supply schedule or curve. Show that an increase in supply means a rightward and downward shift of the supply curve. Contrast this with the rightward and upward shift of the demand curve implied by an increase in demand.

  Mostly likely cause the demand for miller beer

That of the following would mostly likely cause the Demand for miller beer to reduce.

  Q1 assume which chenyu expects his income to be 50000 per

q1. assume which chenyu expects his income to be 50000 per year until she retires. in addition he has accumulated

  What are the five parts of the marketing plan

What are the 5 parts of the marketing plan. Do you believe the marketing plan is critical to the success of a business? Why/Why not?

  Show the effects of the fed contractionary monetary policy

Show the effects of the Fed's contractionary monetary policy by shifting one or both of the curves.

  What happens to the supply of houses

Plywood is used in the construction of houses. If the price of plywood rises, what happens to the supply of houses

  In estimating demand functions

Can you think of a product that is a large part of your budget where the price elasticity of demand is very low? Why is it so low? In estimating demand functions, what is the most important thing to remember? Why?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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