Options:
$1,000
$100,000
$30,000
$3,000
Answer:
The amount of depletion expense for 2012 would be =$30000.
Explanation:
Amount of depletion expense for 2012 = ($100000/1000 ton)*300 ton
= $30000
Answer:
I think for this would most likely have to be C
Explanation:
I'd have to say that since if you were to keep calling people out for it it sorta defeats the purpose? something like that-
Answer:
quantity demanded equals quantity supplied
Explanation:
The market equilibrium is the price at which the quantity demanded and the quantity supplied cross each other. The intersection could be made by supply and demand curves.
Therefore, there is a direct relationship between the price and the quantity supplied, while the price and quantity demanded have an inverse relationship.
When the quantity demanded and the quantity supplied are intersect at the price so we called market equilibrium
Answer:
D
Explanation:
The cost of goods sold would increase by $2
Answer:
The amount of tax on a case of Cola is ;
= Selling price - Producer gain
= 6 - 2
= $4
The burden that falls on consumers is;
= Current selling price - Previous selling price
= 6 - 5
= $1
The burden that falls on the producers is;
= Selling price less consumer tax - Producer gain
= 5 - 2
= $3
The effect of the tax on the quantity sold would have been larger if the tax had been levied on producers. <u>FALSE. </u>
Whether the tax is on the producer or on the consumer makes no difference because the quantity sold will be the same. The statement is therefore false.
