Answer:
Tax per unit = $0.75
Explanation:
Given:
Buyers pay per unit = $2.50
Sellers receive per unit = $1.75
Equilibrium price = $2.00
Tax per unit = ?
Computation of tax per unit:
Tax per unit = Margin between Buyers pay and Sellers receive.
Tax per unit = Buyers pay per unit - Sellers receive per unit
Tax per unit = $2.50 - $1.75
Tax per unit = $0.75
$5000 is the GDP
Explanation:
GDP calculates the value of final goods and services produced in a given year. The value of goods and services produced is included in GDP measurement and not the value of goods and services sold.
GDP is the largest quantitative measure in the overall economic output of any country.In fact, GDP measures the monetary value of all goods and services produced over a given period within a country's geographical boundaries.
The GDP per capita ratio to the entire region's population is the average standard of living.
Does not belong in high school
12/3 = 4
we - 1 because 3 inches annually (100% increase would mean 6 inches)
300% increase
The Correct Response is Option B.
Inflation: can obscure relative price changes.
- In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation. Each unit of currency may purchase fewer products and services as the overall price level rises, hence inflation is associated with a decline in the buying power of money.
<h3><u>What occurs when inflation occurs?</u></h3>
- The main cost of inflation is the loss of real income, which occurs when prices rise unevenly and causes some customers' buying power to decline. For both those who receive and pay fixed interest rates, inflation might over time affect their ability to make purchases.
To learn more about Inflation, Click the links,
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Answer:
degree of newness of the product as perceived by the intended market.
Explanation:
As the new product is in the market so the willing of the consumers are to evaluate the production that depends upon the product newness in the market
The other options are incorrect as if the evaluation of the consumers depend upon the irrational beliefs so it would not be intended to purchased
Therefore the last option is correct
hence, the same is to be considered
