Driving at slower speeds than traffic flow ____________

The gap between exports and imports in a nation's economy is called the ___________. trade surplus trade balance trade deficit t

labwork [276]

Trade balance should be right

7 0

3 years ago

Read 2 more answers

2 x (3a-b) - 3y(b-3a)

pantera1 [17]

Answer:

6ax+9ay−2bx−3by

Explanation:

2x(3a−b)−3y(b−3a)

Distribute:

=(2x)(3a)+(2x)(−b)+9ay+−3by

=6ax+−2bx+9ay+−3by

6 0

2 years ago

When the price of candy bars is $1.00, the quantity demanded is 500 per day. When the price falls to $0.80, the quantity demande

Wittaler [7]

Answer:

The demand for candy bars is inelastic

Explanation:

The midpoint rule calculate the price elasticity of demand as percentage change in quantity divided by the percentage change in price:

<u>% change in quantity </u>

$\frac{Q_2-Q_1}{ \frac{Q_2 + Q_1}{2} } \times 100$

The quantity demanded increased from 500 to 600. We have

$Q_1 = 500 \: and \: Q_2 = 600$

$\implies \frac{600 - 500}{ \frac{600 + 500}{2} } \times 100 \\ = \frac{100}{ \frac{1100}{2} } \\ = \frac{100}{550} \\ = \frac{2}{11}$

<u>% change in price</u>

$\frac{P_2-P_1}{ \frac{P_2 + P_1}{2} } \times 100$

The price changed from 1 dollar to 0.8 dollars.

$\frac{0.8 - 1}{ \frac{0.8 + 1}{2} } = - \frac{2}{9}$

Price elasticity if demand is

$\frac{ \frac{2}{11} \%}{ - \frac{2}{9} \%} = - \frac{9}{11} = - 0.82$

The negative sign tells us that there is an inverse relationship between price and quantity demanded.

Since 0.82 is less than 1, the demand for candy bars is inelastic

5 0

3 years ago

Choose the correct statement. A. Income tax creates a deadweight loss in the markets for capital and labor. B. Income tax is a t

mixer [17]

Answer:

The correct answer is option A.

Explanation:

Income tax is a tax imposed by the government on the income earned by the individuals. This income can be from capital and labor. It creates a deadweight loss in the market for labor and capital.

Deadweight loss is the loss to economic efficiency and production caused by a tax. The imposition of a tax creates a tax wedge, this tax wedge leads to a deadweight loss. Deadweight loss due to income tax is the loss of purchasing power or reductions standard of living due to tax.

The inefficiency or tax burden depends upon the elasticities of demand and supply. Whoever has the least elasticity will share most of the tax burden.

7 0

3 years ago

the common stock of salazar insurance pays a constant annual dividend of $4.80 per share. what is one share of this stock worth

kotegsom [21]

Market Price =$36.09,is one share of this stock worth at a discount rate of 13.3 percent.

<h3>Common stock: What does that mean?</h3>

A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the executive board and cast ballots for corporate rules. This kind of stock ownership frequently offers better long-term rates of return. Common stock is not subject to either assets or liabilities.

<h3>How are shares & common stock different from one another?</h3>

Definition: The term "stock" refers to the holder's interest in one or more businesses. A single share of interest in a firm is referred to as a "share" in contrast. For instance, if X has stock investments, X may have a collection of shares from various companies.

<h3>Briefing:</h3>

Market price = dividends per share

P0 = $4.80/.133

P0 = $36.09

Market Price =$36.09

To know more about common stock visit:

brainly.com/question/13762106

#SPJ4

5 0

1 year ago

Driving at slower speeds than traffic flow _____________ .