Why a direct tax on gasoline is a more efficient policy to reduce gasoline consumption than fuel

Fantastic news! We've Found the answer you've been seeking!

Question:

Why a direct tax on gasoline is a more efficient policy to reduce gasoline consumption than fuel efficiency standards? Explain

Related Book For answer-question

International Marketing And Export Management

ISBN: 9781292016924

8th Edition

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

See More Books

Posted Date: Mar 01, 2024 06:34 AM

See More Questions

Introduction The Ford Motor Company issues a Corporate Citizenship Report each year. The first, Connecting with Society, was issued at its annual shareholders meeting held in Atlanta, Georgia in May...
Since Ryanair DAC's2 emergence as an upstart challenger to the Aer Lingus Ltd.-British Airways plc duopoly in the late 1980s, it had been both a consumer champion and antagonist; a technological...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
Presented below is selected information related to the financial instruments of Dawson Company at December 31, 2020. This is Dawson Company?s first year of operations. Instructions a. Dawson elects...
Conseur, Hathcote, and Kim (2008) measured the relationship between consumer masculinity and appearance-related self-esteem, consumer masculinity and media influence, and consumer masculinity and...
Watts Construction Co. was awarded a construction contract with Cullman County to complete a County Water Works Improvement Project. One section of the contract provided that it would not become...
Identify the research scenario, including the general area of focus. Develop a hypothetical research scenario that would necessitate the use of the Action Research Approach and a Posttest With a...
The following data were taken from the records of Clarkson Manufacturing Company for the fiscal year ended June 30, 2012. Instructions (a) Prepare a cost of goods manufactured schedule. (Assume all...
Could the "Select" command be considered a data manipulation language (DML)? Explain, include bibliographic references ?
The management of the WBC television network has been celebrating for days. What a coup! After several unsuccessful attempts in recent decades, they finally have hit the big jackpot. They have won...
Harry, the owner of an automobile battery distributorship in Atlanta, Georgia, performed an economic analysis 3 years ago when he decided to place surge protectors in line for all his major pieces of...
What is net present value and how is it used in financial decisions?
If the market wage rate rises, but the price of a milkshake remains at $4, what happens to the value of marginal product of labor? Does Kaisers employ more workers or fewer workers? Kaisers Ice Cream...
What is the effect of Covid-19 on Indias supply of loanable funds? Indias government budget deficit is 4.6 percent of GDP in 20192020. The government projected a deficit of 3.8 percent of GDP in...
What is the monetary base and how does it relate to the Feds balance sheet?
When You Find Out a Coworker Makes More Money than You Do Finding out that a co-worker with similar qualifications, working at the same job but getting paid more than you is infuriating. Let your...
Target Corporation reported the following on its income statement. For 12 Months Ended ($ millions) Feb. 2, 2019 Feb. 3, 2018 Jan. 28, 2017 Total revenue $75,356 $72,714 $70,271 Cost of sales 53,299...
Borrowing costs should be recognised as an expense and charged to the profit and loss account of the period in which they are incurred : A. If the borrowing costs relate to qualifying asset B. If the...
Three things set The Pampered Chef, a direct selling company, apart from its competition in the housewares industry: a passion for providing unique, quality products, a dedication to ensuring...
Give examples of global market segments and companies that are marketing on that basis. Can small and medium-sized enterprises market successfully to such segments? Explain.
Licensing seems to be a fairly safe way for a manufacturer to produce in a foreign market for the first time. Comment.
A strain rosette consisting of three strain gauges was used to measure the strains at a point in a thin plate of dimensions $100 \times 20 \times 1 \mathrm{~mm}$. The measured strains in the three...
A particle of mass $m$ slides inside a smooth hemispherical bowl of radius $R$. Beginning with spherical coordinates $r, \theta$ and $\varphi$ to describe the dynamics, select generalized...
A small block of mass $m$ and a weight of mass $M$ are connected by a string of length $D$. The string has been threaded through a small hole in a tabletop, so the block can slide without...

Why a direct tax on gasoline is a more efficient policy to reduce gasoline consumption than fuel

Question:

Expert Answer:

A direct tax on gasoline and fuel efficiency standards are both policies aimed at reducing gasoline consumption but they operate through different mec... View the full answer

International Marketing And Export Management

Students also viewed these economics questions