Answer:
The correct answer is: decrease; $195; $190; $165.
Explanation:
A study found the noise from rock concerts to be harmful.
To correct the externality created by the concerts, the government imposes a tax $30 on sale of each unit.
The price of tickets was initially $190.
After the imposition of the corrective tax, the price increased to $195.
This increase in price will cause the demand for tickets to decrease. As a result, the number of concert tickets sold will decrease.
The socially optimal price of the tickets is $195, as this price eliminates externalities.
The private market price is the price which was creating externalities, in this case, it is $190.
We can find the price received by the firms by deducting the tax amount from the new price.
The price received by the firms is
= $195 - $30
= $165
Answer: The contract had consideration because Greg agreed to pay $100K for Louis's real estate and the contract had been fully performed
Explanation:
Answer:
No
Explanation:
The answer is no. One can only text with a phone number. Whether you can message or not is above my paygrade.
Answer:
Seybert purchased the Wang investment for $173,000
Explanation:
Since there is a credit balance. It means the stock is increased in value by $27,000. So that the stock was purchased at $173,000 ($200,000-$27,000).
Answer:
$43,064
Explanation:
Sales $220,000 / 22,000 × 20,000
$200,000
Variable costs $77,000 / 22,000 × 20,000
($63,636)
Selling and admin $50,600 / 22,000 × 20,000
($46,000)
Manufacturing cost fixed
($26,400)
Selling and admin fixed
($20,900)
Net income
$43,064
Therefore, budgeted net income will equal $43,064 if 20,000 units are produced and sold.
