subject
Business, 16.04.2020 22:10 zmirandalove100

Nashville is considering two options for limiting the number of cabs operating in the city. The first option is to charge a very high license fee each year on each cab, and the second option is to charge a per ride tax. Assume that the long-run supply curve is horizontal in the unconstrained competitive equilibrium, there is free entry and exit, that individual cabs face increasing marginal costs of giving rides, and that the costs facing a cab don't depend upon the number of competitors. Comparing the two options by considering the effects on welfare and government revenue, which is the best option and why?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 20:30, marklynr9955
Resources that are valuable but not rare can be categorized asanswers: organizational weaknesses. distinctive competencies. organizational strengths. complementary resources and capabilities.
Answers: 1
image
Business, 22.06.2019 11:00, PastyMexican24
On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.
Answers: 1
image
Business, 22.06.2019 11:30, Svetakotok
Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)
Answers: 2
image
Business, 22.06.2019 15:00, aesthetickait
(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?
Answers: 2
You know the right answer?
Nashville is considering two options for limiting the number of cabs operating in the city. The firs...

Questions in other subjects: