Consider the market for beach front properties. The demand for a beach front property is downward sloping and the supply is perfectly inelastic. If a $1,000 tax per property is imposed on buyers, how will the tax burden be divided between the buyer and seller?

What is the term used to describe an increase in nitrogenous waste products in the blood?

Copy the following using the equation editor.  Click on the arrow next to the plus sign in the box, then click on Equation, and then click on Graphical Equation.  You will have a box within a window that you will type into, and you will be able to insert mathematical symbols using the menu above it. 3x+4{“version”:”1.1″,”math”:”3x+4″}

The elasticity of demand for gasoline is estimated to be around 0.01. This implies that if gas prices increased by 10 percent, then

Price elasticity of demand is defined as the ratio of the:

When the United States imposes a tariff on a good, the amount of the ________ in U.S. producer surplus is ________ the amount of the ________ in U.S. consumer surplus.

The figure shows the market for shirts in the United States, where D is the domestic demand curve and S is the domestic supply curve. The world price is $16 per shirt. The United States imposes a tariff on imported shirts, $4 per shirt. In the figure above, the tariff ________ U.S. imports of shirts by ________ million shirts per year.

Using the midpoints formula, what would be price elasticity of demand for a gallbladder operation if the number of operations fell from 6,000 to 4,000 per week after its price increased from $6,000 to $10,000?

A Low Dose Dexamethasone Suppression Test and an ACTH stim are good screening tests to run for hyper- and hypo-adrenocorticism.

A streaming service that costs $5 per month increases their fee to $7 per month.  For most people, this isn’t a large percentage of their income.  We would expect the demand to be