answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mariarad [96]
2 years ago
5

Suppose a tax of $3 per unit is imposed on a good. The supply curve is a typical upward-sloping straight line, and the demand cu

rve is a typical downward-sloping straight line. The tax decreases consumer surplus by $3,900 and decreases producer surplus by $3,000. The tax generates tax revenue of $6,000. The tax decreased the equilibrium quantity of the good from A. 2,400 to 2,000. B. 2,600 to 2,000. C. 3,000 to 2,400. D. 2,000 to 1,500.
Business
1 answer:
Aleks [24]2 years ago
6 0

Answer:

B. 2,600 to 2,000.

Explanation:

tax revenue = units x tax rate

units = tax revenue / tax rate = 6,000/3 = 2,000

2,000 will be the quantity after taxes.

6000 goverment revenue - 3900 consumer surplus - 3000 producer surplus

900 deathweight loss

(tax x ↓unit)/2 = deathweight loss

(3 x ↓unit)/2 = 900

(3 x ↓unit) = 900 *2

↓unit = 1800/3 = 600

<u>It decrease to 2000 from 2600</u>

You might be interested in
Which of the following jobs is referred to as a trade?
Tpy6a [65]
Carpentry

Hope that helps! :)
3 0
2 years ago
Read 2 more answers
Crises that are caused by volatile international financial flows are in large part __________ advances in technology coupled wit
vekshin1
Crises that are caused by volatile international financial flows are in large part PAYMENT advances in technology coupled with GREATER openness in financial market. This is because, financial capital is very volatile and technological advances has enhanced this volatility. Lack of transparency and poor and corrupted governance can intensify the crises.
3 0
2 years ago
One way to prevent relapse is to recognize and use the tools we have to be active. what are some tools you have gained this seme
Cerrena [4.2K]
<span>Maintaining an active lifestyle requires small but manageable changes in daily life. First of all, awareness is key. How many steps do you normally take? What do your work life and home life look like in terms of movement? Once someone knows what a typical day looks like, they can see where they are weak. Small changes can then be made, such as parking the car further from the store or taking walking breaks when sitting at the office desk for hours each day. Finally, an active lifestyle can be social. Being with friends does not have to revolve around food and drink; rather, friends can be enjoyed while playing leisurely sports (i.e., racquetball, tennis) or walking while conversing.</span>
5 0
2 years ago
Ron is 30 years old and is retiring at the age of 65. when he retires, he will need a monthly income of $1,270 for 10 years. if
Alika [10]

d.

Ron will not make his monthly goal of $1,270 and will need $741.68 to supplement his monthly income when he retires.

3 0
2 years ago
Read 2 more answers
An asset is acquired by signing a note payable. The note does not indicate an interest rate, and the fair value of the asset can
GaryK [48]

Answer:

Assets should be recorded at cost basis. To determine cost basis we should determine the price that the company paid for the asset. If the only record about the purchase transaction is the note payable, then we can assume that the amount specified in the note payable is the purchase cost of the asset. The cost basis doesn't include any type of interest, but since the note doesn't specify any interest, then we can assume that there is no interest charged.

7 0
2 years ago
Other questions:
  • A shopper considers several tvs in a store and decides against the more expensive brand. the salesperson says, "do yourself a fa
    11·2 answers
  • An investor purchases one municipal and one corporate bond that pay rates of return of 8% and 10%, respectively. If the investor
    14·1 answer
  • A.J. and April Couch just opened a computer store in a small community. Before opening the store, they listened to their SBA cou
    14·1 answer
  • According to the Connecting Through Social Media box, McDonalds's team of social media professionals used to field constant comp
    8·1 answer
  • Hilton's HHonors is an example of a ________, which is specifically designed to retain customers by offering premiums or other i
    11·1 answer
  • On Kyle Thomason’s $400,000.00 loan, the lender charges a 2-point service charge. In this situation, how much will Kyle have to
    14·2 answers
  • Nabb &amp; Fry Co. reports net income of $25,000. Interest allowances are Nabb $5,000 and Fry $4,000, salary allowances are Nabb
    9·1 answer
  • IM Enterprises sells two products, Crunchies and Munchies. Crunchies have a 32 percent contribution margin and Munchies have a 3
    14·1 answer
  • A North Face retail store in Chicago sells 500 jackets each month. Each jacket costs the store $100 and the company has an annua
    9·1 answer
  • Ethan's Eggroll House, a calendar year corporation, purchased a new computer and printer in January for $1,500. In February, the
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!