There are two estimates for the price elasticity of demand for cigarettes, one is -0.4 and the other is -0.8. Assume that the government decides to increase cigarette taxes, which leads to a 20% increase in cigarette prices. You are hired as a consultant to use your economics expertise to predict the impact of this tax change. Use the given information to answer the following questions.

a. One of the elasticity figures refers to short-run and the other to long-run. Briefly explain which estimate corresponds to which case and why.

b. In each case (i.e. short-run and long-run), by how much will the quantity demanded for cigarettes change? Show your calculations.

c. Based on your answer to part b above, briefly explain whether the tax hike worked best in the shortrun or the long-run, if the aim was to reduce negative consequences of smoking?

d. If e-cigarettes are more addictive compared to regular cigarettes, would you expect the demand for ecigarettes to be relatively more or less price elastic compared to the demand for regular cigarettes? Explain briefly.

Capgras syndrome Write a one to two page paper on the disorder

     Identify one of the main advantages and two behavioural implications of the use of the

         following transfer pricing methods:   

         a. Full Cost Based Transfer Price

         b. Negotiation Based Transfer Price

      Note: There should be two advantages and four behavioural implications in total – i.e.

      each transfer pricing method will have one advantage and two behavioural implications.

In one or two sentences, describe the usefulness of each of the following reagents in the analysis of proteins by SDS-PAGE:
(a) polyacrylamide/bis-acrylamide
(b) SDS
(c) reducing agent (dithiothreitol or β-mercaptoethanol)

There are two methods to calculate the allowance. One is the percentage of sales method that determines the amount based on multiplying the expected percentage of uncollectibles by the net credit sales. There is also the aging of receivables method. Can you tell me what that is?

For two hypothetical planets, one that is located at an average distance that is twice the average distance of the Earth from the sun and one that is located at an average distance that is one half of the average distance of the Earth from the sun, how would their equilibrium temperatures compare with the equilibrium temperature of the Earth?

Mention and explain the working principle of two types of one-shot!

At one instant, the center of mass of a system of two particles is located on the x-axis at x=2.0m and has a velocity of (5.0m/s). One of the particles is at the origin. The other particle has a mass of 0.10kg and is at rest on the x-axis at x= 8.0m. 1.What is the mass of the particle at the origin? 2. Calculate the total momentum of this system. 3. What is the velocity of the particle at the origin?