Answer: The equalization rate for the municipality is 45%.
Explanation:
Given that,
Total market value of a municipality = $25,000,000
Total assessed value of a municipality = $11,250,000
Therefore,
Equalization rate for the municipality =
=
= 0.45
= 45%
Hence, the equalization rate for the municipality is 45%.
Answer:
Explanation:
W1= 30 W2 =50
Q1 = 6 Q2 = 16
Elasticity of supply = (16-6) / (50-30) * (50+30) / (6+16)
= (10/20) * (80/22) =80/44= 1.82
A benefit is that it. gives you control over your finance.