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hoa [83]
2 years ago
14

The effect of a Pigovian tax on a market is: Group of answer choices increased price and quantity to the efficient level decreas

ed price and increased quantity to the efficient level decreased price and quantity to the efficient level increased price and reduced quantity to the efficient level
Business
1 answer:
Butoxors [25]2 years ago
4 0

<u>D) </u><u>Increased price and reduced quantity to the efficient level.</u>

<u />

<h3><u>How Do Pigovian Taxes Work?</u></h3>

Pigovian taxes, sometimes called Pigouvian taxes, are levied against private individuals or companies who engage in activities that have negative side effects on society. Costs associated with adverse side effects are those that are not accounted for in the product's market price. The selling of tobacco products puts a load on the public healthcare system and causes environmental pollution, among other side effects that have detrimental external impacts.

After English economist and early externality theorist Arthur Pigou, who made a substantial contribution, Pigovian taxes were given their name.

<u></u>

<h3><u>How Is a Pigovian Tax Calculated?</u></h3>

A Pigouvian tax is notoriously tricky to calculate correctly. The tax should, in theory, have a value that is exactly equal to the externality's net cost. As a result, for a particular level of production, the tax would be equal to the difference between the societal cost and the marginal private cost.

Learn more about the Pigouvian tax with the help of the given link:

brainly.com/question/13473766?referrer=searchResults

#SPJ4

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Which job would most likely require a college degree?
IrinaK [193]

"Financial Manager" would most likely require a college degree.

Financial managers are in charge of the money related well-being of an association. A four year degree in finance (bachelor), bookkeeping, financial aspects, or business organization is usually the least qualification required for Financial managers. However, numerous businesses currently look for individuals with a master degree, ideally in business studies, finance etc.

3 0
3 years ago
Read 2 more answers
Jerilu Markets has a beta of 1.09. The risk-free rate of return is 2.75 percent and the market rate of return is 9.80 percent. W
vodka [1.7K]

Answer:

7.68 percent

Explanation:

Calculation to determine the risk premium on this stock

Stock risk premium = 1.09 (0.098 - 0.0275)

Stock risk premium = 1.09(0.0705)

Stock risk premium= 7.68 percent

Therefore the risk premium on this stock is 7.68 percent

5 0
2 years ago
Massena Corporation reported the following data for the month of February:
Elodia [21]

Answer:

$186,700

Explanation:

The computation of adjusted cost of goods sold is shown below:-

Before that we need to do the following calculations

Raw material consumed = Beginning raw material + Raw material purchases - Ending raw materials - Raw materials included in  manufacturing overhead costs  as indirect materials

= $40,000 + $63,000 - $24,000 - $5,000

= $74,000

Total manufacturing cost = Beginning work in progress + Raw material consumed + Direct labor cost + Manufacturing overhead cost - Ending work in progress

= $23,000 + $74,000 + $73,700 + $48,000 - $17,000

= $201,700

Unadjusted Cost of goods sold = Raw materials + Total manufacturing cost - Ending finished goods

= $50,000 + $201,700 - $72,000

= $179,700

Adjusted COGS = Unadjusted Cost of goods sold + Underapplied overhead

= $179,700 + ($55,000 - $48,000)

= $179,700 + $7,000

= $186,700

6 0
2 years ago
Ben Lieber is a waiter at Harbor House, where he receives a weekly wage of $80 plus tips for a 40-hour workweek. Lieber's weekly
Dmitriy789 [7]

Answer:

$290

Explanation:

Fair labour standards act is a Federal law that specifies minimum wage, overtime pay eligibility, child labour standards, and record keeping which affects employees of both private and government institutions.

The Fair labour standards act state that the minimum wage an employee should collect per hour is $7.25.

So for a 40 hour week the minimum wage for Ben Lieber is 7.25* 40= $290

Provisions for FLSA include minimum wage payment, exemption from overtime, minimum wage for workers that provide companionship services, and exemption for worker that do computer related jobs.

4 0
3 years ago
From 1973 through​ 2016, the rise in the British price level relative to the U.S. price level is​ ____ with a rise in the value
babunello [35]

Answer:

the available options for this question are,

A. associated; does not

B. associated; also does

C. not associated; does

and the correct answer is option B. associated; also does.

the purchasing power means the ability of a currency unit to purchase a specific amount of goods and services and this is directly in line with the internal inflation rate of an economy.

Explanation:

8 0
3 years ago
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