The tax create a deadweight loss of $15 per day.
<h3>What is
tax revenue?</h3>
A tax revenue means the sum derived from tax payers.
Dead weight loss = 0.5 * (P2 - P1) * (Q1 - Q2)
Dead weight loss = 0.5 * 0.25 * 120
Dead weight loss = $15
Hence, the tax creates a deadweight loss of $15 per day.
Therefore, the Option C is correct.
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The two-party system is a profoundly established component of the American government. In most two-party races, the challenge is between two hopefuls of two noteworthy political parties.Nevertheless, both the two-party and multi-party frameworks have their favorable circumstances and impediments.
When an individual consumes high protein food while drinking, the alcohol remains in the stomach longer
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Answer:
$380,800
Explanation:
When an asset is sold, the cost and accumulated depreciation are derecognized from the books. Without the sale of an asset, the depreciation charge for the year would be the only difference between the closing accumulated depreciation from prior year to current year.
Change in accumulated depreciation
= $1253000 - $890000
= $363,000
Accumulated depreciation
= $74900 - $57100
= $17,800
Depreciation
= $363,000 + $17,800
= $380,800