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Strike441 [17]
3 years ago
6

By how many packs of cigarettes does quantity demanded decrease due to the excise tax on cigarettes?

Business
1 answer:
andrezito [222]3 years ago
3 0

Answer:

Explanation:

The government taxes packs of cigarettes both to discourage smoking and to raise tax revenue. The average excise tax on a pack of cigarettes is $2.50 per pack. The table below presents the annual demand and supply schedules, in billions of packs, both before and after the tax on packs of cigarettes.

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Yellow​ Press, Inc., buys paper in​ 1,500-pound rolls for printing. Annual demand is 3 comma 000 3,000 rolls. The cost per roll
GenaCL600 [577]

Answer:

59 orders

Explanation:

For computing the how many rolls should order at a time, first we have to determine the economic order quantity which is shown below:

The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

where,

Carrying cost = $875 × 20% = $175

And, other items values would remain the same

ow put these values to the above formula

So, the value would be equal to

= \sqrt{\frac{2\times \text{3,000}\times \text{\$75}}{\text{\$175}}}

= 50.71 units

Now The number of orders would be equal to

= Annual demand ÷ economic order quantity

= $3,000 ÷ 50.71 units

= 59 orders

7 0
3 years ago
Leasing a car may be a better option than buying a car
AfilCa [17]
If you do t plan on having it for a long time, then you don’t have to worry about the maintenance issues and upkeep.
5 0
2 years ago
Read 2 more answers
I make 100,000 a day but i need more how can i get more without customers getting mad??
Nesterboy [21]

Answer:

Just work hard and be fast

Explanation:

Just work and be fast! People at the back wont get mad because you are a hardworking/fastworking man/woman!

3 0
2 years ago
Asset distribution analysis provides a better understanding of how the community functions and how it addresses the public healt
kumpel [21]

Answer:

False

Explanation:

Based on the information provided within the question it can be said that this statement is False. The term that actually provides a better understanding of this is Community Needs Assessment: Purpose, since the main goal of the community needs assessment is to meet the needs of children, youth, and families by identifying the strengths and resources available in the community.

6 0
3 years ago
Icy Mocha Company estimates its factory overhead costs to be $35,000 and machine hours to be 5,000 for the year. If the actual h
Vedmedyk [2.9K]

Answer:

$160 overapplied

Explanation:

Icy Mocha company estimates it's factory overhead costs to be $35,000 and machine hours to be 5,000 for a period of one year.

The actual number of hours worked on job 333 and 334 equals a total of 4,980

The actual factory overhead costs are $34,700

The first step is to calculate the predetermined overhead rate

= Overhead costs/machine hours

= $35,000/5,000

= $7

The amount of either over or underapplied factory costs can be calculated as follows

= predetermined overhead rate×actual number of hours worked

= $7×4,980

= $34,860

The amount is then subtracted from the actual overhead costs

= $34,700-$34860

= -$160

= $160 overapplied

Hence the amount of overapplied factory overhead is $160

4 0
3 years ago
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