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Government increases the taxes on car ownership. Explain the possible market outcomes of such a decision.
As this is a tax paid by owners, and therefore not levied indirectly via suppliers in selling cars, one can expect reduce in the demand for cars and enhance in demand for possible substitutes. (Basically, the ownership tax may be regarded as a complement to car ownership.) One could also expect a reduce in demand for complement goods for cars, like gasoline, insurance, servicing, etc
Sir/Ma''am i have to make a project of 4-5 page on Investigating the buying behavior of individuals in the white goods sector and seeing if there exists any negative relationship b
what is economic model and role of assumptions in it.
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Ask question # The price of Canadian-grown peaches skyrockets during an unusually cold summer that reduces the size of the peach harvest. b. An increase in income leads to an incr
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Production possibility frontier PPF is a combination of two or more goods a which a country can make in a given timeline or period with resource fully employed.
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