If a subsidy of $6.00 per unit is granted to the producers of a product with a perfectly inelastic demand, the effect will be to: option D.
<h3>What is a
subsidy?</h3>
A subsidy can be defined as an amount of money that is granted by the government or a public institution, so as to help a business firm (producers) keep the price of a product (commodity) or service low.
In this context, we can infer and logically deduce that the effect of a a subsidy of $6.00 per unit is granted to the producers of a product with a perfectly inelastic demand would lower the price of the product to consumers by $6.00 per unit.
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Answer:
Washington proved to be a better general than military strategist. His strength lay not in his genius on the battlefield but in his ability to keep the struggling colonial army together. His troops were poorly trained and lacked food, ammunition and other supplies (soldiers sometimes even went without shoes in winter)
Explanation:
Random and clumped is what i would sah
Answer:
1) A progressive tax is defined as a tax whose rate increases as the payer's income increases. That is, individuals who earn high incomes have a greater proportion of their incomes taken to pay the tax. A regressive tax, on the other hand, is one whose rate increases as the payer's income decreases.
2) The government has few choices of action to protect its domestic industries. It can implement trade barriers as for example the import quotas and tariffs on imported goods. The two are both lower the consumer's welfare. The tariffs usually would increase the prices of imported goods, therefore consumers would choose the domestic good, meanwhile the import quotas decrease the supply of imports and consumers are obligated to purchase domestic goods of prices higher than the imported goods.
3) Public good is a commodity or service that is provided without profit to all members of a society while private goods is a product that must be purchased to be consumed. There are few reasons for which the government's action is necessary to ensure the provision of public goods such as the very efficiency of this action, the goods and services might be beneficial not only for the purchaser, but other individuals, the value of the good and service becomes greater than what an individual can pay, and also it boosts the economic equity.
4) The government applies equal taxes and regulations to protect the competition. It needs to apply those in order to prevent the creation of monopoly.
5) The censorship has at its core to prevent or to minimalism one's knowledge or access to a product, therefore as a consequence it can increase the prices and have negative consequences on companies and economy in general.
Answer:
The bird leaves its nest and travels 20 miles per hour downwind for 3 hours. On the return trip, the bird travels 4 miles per hour slower and has 6 miles left after 7 hours.
Explanation:
20 times 3 equals 60 = 6 times 4 times 2 equals 60(6 times 8
