Suppose the equilibrium price of a bottle of vodka is $40. At that price, the quantity of bottles of vodka demanded and supplied is 20,000. If a $5 tax per bottle of vodka paid by consumers increases the price paid by consumers to $42 per bottle of vodka and reduces the equilibrium quantity sold to 18,000, elasticity of:

Becky fenton has 40/80/40 automobile insurance coverage. if two other people are awarded $75,000 each for injuries in an auto accident in which becky was judged at fault, how much of this judgment would the insurance cover?

Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?

Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations.