consider a market where the demand and supply for the good are described by the following equations:Qp = 225 - 3P and Qs = - 22.5 + 1.5P If there is a $3 per unit tax on the good, what is the revenue collected from the tax?
$275.00 $1,083.00 $541.50. $171.00
Answers
The revenue collected from the $3 per unit tax is approximately: $175.50, which is closest to option D ($171.00)
To find the revenue collected from a $3 per unit tax in a market where demand is described by the equation Qd = 225 - 3P and supply by Qs = -22.5 + 1.5P, follow these steps:
Step 1: Determine the equilibrium price and quantity without the tax. To do this, set Qd = Qs:
225 - 3P = -22.5 + 1.5P
247.5 = 4.5P
P = 55
Step 2: Plug the equilibrium price into either equation to find the equilibrium quantity:
Q = 225 - 3(55) = 225 - 165 = 60
Step 3: Find the new supply equation with the $3 tax. To do this, decrease the intercept by the amount of the tax:
New Qs = -22.5 + 1.5P - 3 = -25.5 + 1.5P
Step 4: Determine the new equilibrium price and quantity with the tax. Set Qd = new Qs:
225 - 3P = -25.5 + 1.5P
250.5 = 4.5P
P = 55.67
Step 5: Plug the new equilibrium price into the new supply equation to find the new equilibrium quantity:
Q = -25.5 + 1.5(55.67) = 58.50
Step 6: Calculate the tax revenue by multiplying the tax per unit ($3) by the new equilibrium quantity (58.5):
Tax revenue = 3 × 58.50 = $175.50
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Complete question
consider a market where the demand and supply for the good are described by the following equations:
Qp = 225 - 3P and Qs = - 22.5 + 1.5P If there is a $3 per unit tax on the good, what is the revenue collected from the tax?
A. $275.00
B. $1,083.00
C. $541.50.
D. $171.00
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The variables that are included in a study or analysis because they are believed to have a significant contributory role are known as independent variables. Independent variables are factors that are manipulated or measured in an experiment in order to determine their effect on the dependent variable, which is the outcome or response variable of interest.
independent variables are included in research studies because they are believed to have a significant contributory role in the outcome being studied. Controlling for other potential factors and analyzing the relationship between independent and dependent variables is essential for establishing causal relationships and understanding the complex factors that contribute to outcomes.
These variables, often called "influential variables" or "key variables," are included in an analysis or model because they are believed to have a considerable impact on the outcome or dependent variable. Identifying and incorporating these variables helps ensure that the analysis is accurate and meaningful, leading to more reliable conclusions and predictions.
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How does a change in Expectations cause a change in supply?
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Which of the following is NOT an example of monetary policy? a. The Federal Reserve reduces the reserve requirement. b. The Federal Open Market Committee decides to sell bonds. c. The Federal Open Market Committee decides to buy bonds. d. The Federal Reserve facilitates bank transactions by clearing checks.
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Answer:
A
Explanation:
Monetary policy controls the process of drafting, announcing, and enforcing the plans taken by the central bank, currency board, or other competent monetary authority that controls the amount of money in an economy and the channels by which new money is supplied
The statement that cannot be considered an example of monetary policy is A:The Federal Reserve reduces the reserve requirement.
Monetary policy can be regarded as control of the quantity of money which is present in an economy as well as the channels that is needed for new money to be supplied. It involves the federal to Open Market Committee who bring decision in selling or buying of bonds.Therefore, option A is correct.
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aisha's cleaning business has several customers but her revenues are less than $250,000 a year. this illustrates a(n) business.
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Aisha's cleaning business has several customers but her revenues are less than $250,000 a year. This illustrates a small business.
Why are small businesses so crucial?A privately held corporation, partnership, or sole proprietorship that employs fewer people and has lower yearly income than a corporation or regular-sized business is referred to as a small business. Small businesses are crucial because they offer possibilities for entrepreneurs and produce fulfilling occupations that offer higher work satisfaction than those at larger, more established organizations.
By keeping money close to home and assisting local communities and neighborhoods, they boost local economies. Small businesses support the development of technical expertise and handicrafts. These companies make money overseas by exporting their goods. Economic power is distributed throughout various sectors, preventing it from being concentrated in just a few hands. These companies work to improve the income distribution across the country.
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Who heads each of the branches of federal reserve banks and looks after their functioning?
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Answer: The chair of the board, governors of the federal reserve system is the chief of the federal reserve which is the central banking system of the United States.
Answer:
Board of Governors
Explanation:
Question 2 of 10
Before taking the exam to receive CPA certification, a person must:
A. complete two years of professional education.
B. complete a one-to two-year supervised internship program.
C. gain two years of experience in financial management.
D. complete at least 120 credit hours of postsecondary education.
SUBMIT
what's the answer please
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Before taking the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.
What is a CPA certification?The CPA certification means the certified public accountant certification which is a designation given to those who meet education and experience requirements and pass an exam.
Hence, the requirement to take the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.
Therefore, the Option D is correct.
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Why are interest rates on long-term loans higher than interest rates on short-term loans?
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Answer:
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Explanation:
loanssss
Answer:
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Explanation:
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Answer:
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Explanation:
your welcome
The correct option is A. Long-term liabilities are debts of a business that are not due to be settled within one year which defines long-term liabilities.
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The EISP component provides information on the importance of information security in the organization - True
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Answer:
B.) Disaffirm
Explanation:
I just took it and got it correct
Answer:
B
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When a company goes public, it enhances the company's ability to obtain future funds.
What does going public allow?When a company goes public, it would become subject to certain restrictive laws that were made to protect investors.
As a result of these laws, investors and creditors will trust the company more which would allow the company to access more funds in future.
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optimizes a site's usability
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Answer:
1,3,4&5
Explanation:
Answer:
1, 3, 5, 6
Explanation:
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To create the petty cash fund, make the following journal entry: debit Petty cash fund account ($430), credit cash account ($430).
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The data can also come from of the petty cash fund. Add up all of the expenses that are mentioned on each petty cash vouchers in the petty cash fund. This sum should be deducted from the calculated cash withdrawal amount. The outcome ought to be 0. There is an excess of cash in the fund if there is a residual balance.
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colton would like to purchase as many shares of apple stock (aapl) as he is able. he currently has $10,000 in cash and the stock is selling for $250 a share. how many shares can he purchase if the initial margin is 70% and the maintenance margin is 35%? group of answer choices
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Colton can purchase up to 28 shares of Apple stock (AAPL) with his $10,000 in cash. This is calculated by taking the initial margin of 70% (7000) and dividing it by the current share price of $250. 7000 / 250 = 28.
The price at which one share of a corporation would be purchased is known as the share price or stock price. A share's price is not constant; rather, it changes over time in response to market factors. It is likely to rise if the business is thought to be performing well or decline if it isn't living up to expectations. A company's initial public offering (IPO), in which the price of one share is fixed in accordance with the perceived supply of and demand for that company's stock, is how hare prices are established. A bookrunner, a top manager hired particularly to assist the company in determining the right price for its IPO, typically sets the prices.
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PLEASE HELP ME (ECONOMICS ASSIGNMENT)!!! ASAPPP
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Answer:
1. Classical Economics
2. Keynesian Economics
3. Demand-Side Economics
4. Supply-Side Economics
Explanation:
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Support products
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Components
Answers
Components are items used to assist in producing other products and services. These are typically raw materials or parts that are combined with other components or materials to create a finished product.
Components can vary in complexity and size, ranging from small screws and bolts to large machinery parts or electronic circuits.
One of the key features of components is their role in the manufacturing process. They are essential for ensuring that products are produced efficiently and with a high level of quality. For example, a car manufacturer may require thousands of different components, including engines, transmissions, and wheels, to produce a single car.
In addition to their role in manufacturing, components can also have a significant impact on the performance and quality of the finished product. The choice of components can affect everything from the durability and reliability of a product to its overall functionality and aesthetics.
Overall, components are critical elements in the production of products and services. They play a vital role in ensuring that products are produced efficiently, with a high level of quality, and meet the needs of consumers.
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Which situation is the best example of ethical investing?
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Answer:
Lucy buys a stock in a local recycling company
Answer: lucy buys a stock in a local recycling company
Explanation: trust is key
Assume laura has a managing board that includes members from the jojo maman bebe sales, operations, and finance departments. Based solely on this information, what type of team would this most likely be?.
Answers
Based on this information, they would be considered a cross functional team, made up of professionals from different specializations.
What is a cross functional team?It is a group of people with different but complementary professional experiences and skills who work for a shared goal.
The members of this type of team have and contribute different academic backgrounds that nurture the group, in addition to each one having a very different profile and an experience that enriches the whole.
Therefore, we can conclude that based on this information, they would be considered a cross functional team, made up of professionals from different specializations.
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When the floor rusted through on her old car, Kelly knew she had a problem. Logically, Kelly's next step in the consumer decision process would be toa. identify her needb. search for informationc. evaluate alternativesd. purchase a new care. asses her satisfaction with the car she purchased
Answers
Logically, Kelly's next step in the consumer decision process would be to search for information.
The consumer decision-making process involves several steps that a buyer goes through before making a purchase. The first step is identifying a need or problem, which Kelly has already done when she realized the floor of her car had rusted through. The next step in the process is searching for information about possible solutions to the problem. In this case, Kelly would need to research her options for addressing the issue with her old car, such as repairing the rusted floor, purchasing a new car, or looking for a used car to replace her old one.
By searching for information, Kelly can evaluate the different alternatives available to her, compare their costs and benefits, and make an informed decision based on her needs and preferences.
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Your father obtained a car loan payable in lump sum in 5 years at a total amount of P800,000 with an annual rate of 15%. What is the present value?
Answers
Answer:
the present value is $397,741.39
Explanation:
The computation of the present value is shown below
As we know that
Present value = Future value ÷ (1 + rate of interest)^years
= 800,000 ÷ (1 + 0.15)^5
= 800,000 ÷ 1.15^5
= $397,741.39
Hence, the present value is $397,741.39
What is one way a company can work to build relationships with it's customers?
A. A company can call all of its customers once a week to check in and see how their lives are going.
B. A company can plant to have a large sale once a year as a "thank you" to its customers.
C. A company can send a generic form letter to its customers to offer them a coupon
D. A company can send a personalized email to its customer when letting them know about a sale.
Answers
Answer:
D. A company can send a personalized email to its customer when letting them know about a sale.
Explanation:
Hope this helps!!
A company can work to build relationships with it's customers is that a company can send a personalized email to its customer when letting them know about a sale. Its comes under the relationship marketing. The correct option is (D).
What is relationship marketing?Relationship marketing is a component of customer relationship management (CRM) that prioritizes long-term involvement and client loyalty over short-term objectives like customer acquisition and individual sales.
The more conventional transactional marketing plan, which is centered on boosting the volume of individual sales, contrasts with relationship marketing.
The capacity of relationship marketing to maintain close contact with clients is crucial.
Therefore, a company can work to build relationships with it's customers is that a company can send a personalized email to its customer when letting them know about a sale.
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risk means different things to different people, depending on the context and on how they feel about taking chances. while certainly acknowledging these different kinds of risk, we limit our attention to the risk inherent in an investment. in this context, risk is the potential variability in future cash flows.
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Risk in finance refers to the degree of uncertainty and/or possible financial loss present in an investment decision.
What is risk and how it is different from return?Risk considers the possibility of a loss on your investment, whereas return is the amount of money you can earn over and above your initial outlay. In a competitive market, investments with higher risks will need to provide bigger returns in order to balance the possibility of losing money.
When you invest, you decide how to use your financial resources. Any investment-related uncertainty that has the potential to harm your financial well-being is referred to as a risk. For instance, market conditions could influence the value of your investment to increase or decrease (market risk). Investors typically seek bigger returns when investment hazards increase to make up for the increased risk.
In this context, the risk is the potential variability in future cash flows.
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Our daily personal financial transactions has been made easy with the use of A. B. money. cheque. C. pay slips. D. documents.
Answers
Answer:
Money
Explanation:
Money is used as mode of exchange