--%>
Assignment Help - homework help

Question on sales tax

Sales tax of $1 per unit of output is impose to the any firm whose product sells for $5 in a competitive industry. Will there be any entry or exit?

If the tax is placed on single firm, that firm will go out of business. In the long run, price in the market will be below the minimum average cost point of this firm.

   Related Questions in Biology

  • Q : Function of collagen fibers of

    Specify the function of collagen fibers of connective tissue?

    		•
  • Q : Why dietary obtainment of iodine

    Why is dietary obtainment of iodine so significant for thyroid functioning?

    		•
  • Q : Main structures of human eye Write down

    Write down the main structures of human eye?

    		•
  • Q : Simple and facilitated diffusion What

    What is the basic difference among simple and facilitated diffusion? Facilitated by which kind of molecule does the word facilitated signify?

    		•
  • Q : Define diffusion Diffusion : It is the

    Diffusion: It is the spreading of substance molecules from an area where the substance is more concentrated to other area where it is less concentrated. For illustration, throughout the boiling of water in a kitchen gaseous water particles tend to con

    		•
  • Q : Define autotrophic beings and

    Give a brief explanation of autotrophic beings. And also give a brief explanation of heterotrophic beings?

    		•
  • Q : Hemoglobin and oxyhemoglobin How

    How dissimilar are hemoglobin and oxyhemoglobin? Where is it expected to get a higher concentration of oxyhemoglobin, in peripheral tissues or in lungs?

    		•
  • Q : Security issues of e-commerce A local

    A local manufacturer of work gloves and gardening gloves has been enjoying moderate success in its local markets with a physical sales team. The president is convinced that an e-commerce site could significantly increase sales, particularly on the international market

    		•
  • Q : Trends set up in Industry What

    What considerable trends do you make out in our industry?

    		•
  • Q : Respiratory system of insects-Motor

    How respiratory system of the insects (with its independence between circulation and respiration) related to motor agility of some species of this arthropod class?

    		•