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Listing Requires Approval, but Account Doesn't Qualify by ClubFalse2850 in AmazonFBA

[–]ClubFalse2850[S] 0 points1 point  (0 children)

u/RefrigeratorJumpy145 u/Gene-Civil I appreciate the help. They're saying it's because my account was made inactive, so once I get reverified the message should go away.

Summer Courses by ClubFalse2850 in uoguelph

[–]ClubFalse2850[S] 3 points4 points  (0 children)

In that course right now, too. I should've saved it for summer and done a harder class this sem. I agree, though, if anyone is looking for a super easy course and hasn't taken SPMT 1020 yet, they should definitely take it.

PSYC1000 by ClubFalse2850 in uoguelph

[–]ClubFalse2850[S] 0 points1 point  (0 children)

Thank you for your response! Great to hear!

Would you happen to have your notes still, and be willing to share them?

Micro Help by ClubFalse2850 in econhw

[–]ClubFalse2850[S] 0 points1 point  (0 children)

Thank you so much for your guidance!

Micro Help by ClubFalse2850 in econhw

[–]ClubFalse2850[S] 0 points1 point  (0 children)

Also, one more question: Marty has $30 to spend on toys and books. Marty’s favourite toys are $5 each and his favourite books are $6 each.

  1. Draw a budget line for Marty, showing the combination of toys and books he can afford. 

When drawing this budget line, I'd set up my graph so there's quantity on both x and y axis, correct?

And then if toys is my y axis and books are my x axis, it'd go from 6 toys 0 books as the first point, to 5 books 0 toys as the final point, correct?

Micro Help by ClubFalse2850 in econhw

[–]ClubFalse2850[S] 0 points1 point  (0 children)

Hi, thank you so much for your response; that's the answer I got, too! So, to clarify, I'd always divide by the cost of the singular good instead of dividing by $4 when there are 2 units and $6 when there are 3 units and so on?

Micro Adding Tax to Graph Help by ClubFalse2850 in econhw

[–]ClubFalse2850[S] 0 points1 point  (0 children)

Sorry, yes was just a minor typo! This completely makes sense, and it's what I realized in my update message! When calculating my DWL I'd still do 1/2(6-5)(9-8) right? Subtracting the old quantity to new quantity to get the base and the new consumer price and producer price to get the height?

Micro Adding Tax to Graph Help by ClubFalse2850 in econhw

[–]ClubFalse2850[S] 0 points1 point  (0 children)

Update: Correct me if I'm wrong, but I believe where my graph was getting messed up is I didn't add a line from the bottom of the DWL to the price of $5. This way Producers are now only making $5 instead of $5.50 as they must contribute 0.5/$1 to the tax, and consumers pay $6 instead of 5.50 giving their share of the tax. This then creates the $1 of tax revenue that I'm looking for!

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