Government is powerless in determining which side of the market bears the burden of a tax that it imposes.

Suppose that a baseball glove costs $100. Now suppose that the government imposes a $9 tax on baseball gloves. The new market price will be $109. 

Suppose you observe a market with a persistent surplus. Which of the following would be consistent with this observation?

Based on the tax imposed in this picture, what is the deadweight loss created by the tax?

Which of the following equations is valid?

The only four consumers in a market have the following willingness to pay for a good: Buyer                          willingness to pay Carlos                               $25 Quilana                             $35 Wilbur                               $15 Ming-la                              $45 If the price is 30, then consumer surplus in the market is

The minimum wage is an example of

Suppose that supply is more elastic than demand. Which of the following can you conclude?

Which of the following are other rationing mechanism that emerge when a binding price ceiling is imposed in a market? (Select all that apply)

Two point charges are on the x-axis.  Charge q1 = 5.00 uC is at the origin and q2 = -3.00 uC is at x = 0.350 m.  b)  Find the direction of the electric field at a distance of 0.450 m directly above q2.