Answer:
D, decline in total surplus that results from a tax.
Explanation:
Dead-weight loss is also known as excess burden. It is a situation where in there is a loss of economic sufficiency as a result of tax.
This economic sufficiency is when the supply of goods and services aren't met. That is, there is no market equilibrium between demand and supply. Taxes, subsidies, price rise or fall can be the reason for dead-weight loss as it causes the imbalance of demand and supply of goods or services to the consumers through price manipulations.
To calculate dead-weight loss, change in price as well as change in quantity demanded are important factors to consider.
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When the equilibrium price of sugar increases, the equilibrium quantity will decrease. This is because price and quantity have an inverse relationship.
A market-clearing price often referred to as an equilibrium price, is the consumer cost associated with a good or service when supply and demand are equal or nearly equal. The manufacturer or vendor is free to transfer as many units as they like, and the consumer is free to access as many units as they like.
It is possible to utilize a mathematical formula to determine the equilibrium price. The equilibrium pricing formula is based on amounts of supply and demand; to find the price, put the quantity demanded (Qd) equal to the quantity supplied (Qs) (P). Here is an illustration of the equation: Qs = -125 + 20P when Qd = 100 - 5P.
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Answer:
c.a chiropractor and two independent physical therapists are located in his community
Explanation:
Certainly this entrepreneur should share data, community information and health specific knowledge with these therapists.
Answer: How is compound interest different from simple interest?
Explanation: Simple interest is interest payment is calculated on only the principal amount; whereas compound interest is interest calculated on both the principal amount and all the previously accumulated interest.
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