Answer to Question #211281 in Economics for judith

Question #211281

suppose that the government puts a tax of 10cents on a liter of diesel and then decides to put a subsidy at a rate of 5 cents a liter.what net tax is this combination equivalent to?

Expert's answer

"10-5=5"

This net tax is equivalent to this combination

Learn more about our help with Assignments: Economics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. The market for pencils is in equilibrium. If the price of pens (a substitute for pencils) increases
2. 1.Name of the Employee Abebe Gemeda Basic Salary 12,000 TransportAllowance 4,000 HardshipAllowance 3
3. A technological advancement for Good A will shift the _________ curve of Good A to the _________, le
4. Explain the general concept of production and cost analysis
5. Suppose you are endowed with $200 today. You care both about how muchyou can consume today and how m
6. What determines the number of tourists coming to Fasil Castle?
7. Suppose a monopolist is producing a level of output such that MR>MC. What should the firm do to m

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…