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Nastasia [14]
3 years ago
11

g Which of the following is true? Partial equilibrium analysis will:3)A)understate the impact of a tax for complements and overs

tate the impact for substitutes.B)overstate the impact of a tax for both substitutes and complements.C)understate the impact of a tax for both substitutes and complements.D)understate the impact of a tax for substitutes and overstate the impact for complements.
Business
1 answer:
iogann1982 [59]3 years ago
8 0

Answer:

understate the impact of a tax for substitutes and overstate the impact for complements.

Explanation:

Partial equillibrum analysis is consideration of only a part of the market to attain equillibrum. It is based on data that has restricted range. For example when the price of one good changes while others are held constant. This does not consider real life scenario that multiple prices are changing.

In this type of analysis there is less emphasis on tax on subsititutes and more for complements. This is because a single product is being considered and compliments share similar demand pattern so they are considered more.

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Answer:

c. a letter that falsely claims the writer represents a foreign bank.

Explanation:

A clearing house is a financial institution that should be created for exchanging the payments, securities, or transactions related to derivates. It stands between the two clearing firms. Its motive is to decrease the member risk that failed to honor the trade settlement liabilities

So the clearing house scam includes the victim that collect the letter in which there is false claims where the writer shows the foreign bank

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3 years ago
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Scrat [10]

Answer:

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According to economists, one reason few professional athletes have PhD’s is that the:
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Answer:

d. opportunity cost of going to graduate school is too high.

Explanation:

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3 years ago
Why do businesses curb or express concern about the amount of time employees use computers for personal communication while they
zloy xaker [14]

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6 0
2 years ago
The present value, today, of the terminal (perpetuity) value equity cash flow that begins in 7 years is $6,700,000 assuming a co
nignag [31]

Answer:

2.83%

Explanation:

P0 = $6,700,000

Cost of equity Ke = 8%

So, value of this perpetuity 6 years form now is  P6 = P0*(1+Ke)^6

= $6,700,000*(1.08)^6

= $6,700,000*1.58687432294

= $10632057.96

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2 years ago
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