The sales tax hurts economic efficiency. If the Mayor’s only consideration was maximizing market efficiency, then you would recommend a zero sales tax. Suppose, though, that the Mayor is considering spending the revenue raised by the tax on a city government program. What specific advice would you give to ensure that the city’s overall economic welfare is improved from the policy and the tax levied to finance the program?

Sarah needs to complete financial aid packets. during which school year would she do this? sophomore freshman senior junior

If you were running a company, what are at least two things you could do to improve its productivity.

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls