Eggs have a supply curve that is linear and upward-sloping and a demand curve that is linear anddownward sloping. if a 2 cent per egg tax is increased to 3 cents, the deadweight loss of the tax
a. increases by less than 50 percent and may even decline
b. increases by exactly 50 percent.
c. increases by more than 50 percent.
d. the answer depends on whether supply or demand is more elastic.

What are six resources for you decide which type of business to start and how to start it?

Corporations with suppliers, vendors, and customers all over the globe are referred to as : a) global corporations b) international corporations c) multinational corporations d) multicultural corporations

Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest.extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of