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3 years ago

Suppose that a tax is placed on books. if the sellers pay the majority of the tax, then we know that the

1 answer:

4 0

If the sellers pay the majority of the tax, then the supply is more inelastic than demand.

If something is inelastic it is not sensitive to changes in the price or income of someone. The sellers will always have more of the tax burden when supply is more inelastic than demand and vis versa when demand is more inelastic than supply.

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Daniel derives utility from only two goods, cake (Qc) and donuts (Qd). The marginal utility that Daniel receives from cake (MUc)

Agata [3.3K]

Answer:

240= 3Qc + 3Qd

Explanation:

The computation of the Daniel's budget constraint is shown below;

Given that

Daniel's income= $240

Price of cake (Pc) =$3

Price of donuts (Pd) =$3

So spending on cake = 3Qc

And,

Spending on donut= 3Qd

Finally

Total spending = 3Qc + 3Qd

Now the equation of budget constraint is

Income= (quantity of cake)(price of cake) + ( quantity of donut)(price of donut)

So,

Income= Qc Pc+ Qd Pd

240= 3Qc + 3Qd

4 0

3 years ago

Time management and world view college success

Stolb23 [73]

Explanation:

As most students discover, college is not the same as high school. For many students, college is the first time they are “on their own” in an environment filled with opportunity. And while this can be exciting, you may find that social opportunities conflict with academic expectations. For example, a free day before an exam, if not wisely spent, can spell trouble for doing well on the exam. It is easy to fall behind when there are so many choices and freedoms.

One of the main goals of a college education is learning how to learn. In this chapter we zoom in on learning how to skillfully manage your time. To be successful in college, it’s imperative to be able to effectively manage your time.

In the following Alleyoop Advice video, Alleyoop (Angel Aquino) discusses what many students discover about college: there is a lot of free time—and just as many challenges to balance free time with study time

7 0

3 years ago

Read 2 more answers

On January 1, James Industries leased equipment to a customer for a four-year period, at which time possession of the leased ass

MA_775_DIABLO [31]

Answer:

- $700,000

<u>- 82,270</u>

<u>- </u> $617,730

- present value of $1: n=4, i=5%

- the present value of an ordinary annuity of $1: n=4, i=5%

Explanation:

Amount to be recovered (fair value): $700,000

Less: Present value of the residual value ($100,000 x .82270*): 82,270

Amount to be recovered through periodic lease payments: $617,730

Lease payments -: end of each of the next four years: ($617,730 ÷ 3.54595**) $174,207

* present value of $1: n=4, i=5%

** present value of an ordinary annuity of $1: n=4, i=5%

7 0

3 years ago

"XYZ Corporation announces a 10% stock dividend, followed by a 5% "spin off" of a subsidiary business. A customer who owns 200 s

Deffense [45]

Answer:

20 shares of XYZ and 11 shares of the spin-off

Explanation:

The 20 shares of XYS comes from

= 200 shares × 10%

= 20 shares-

So, the total number of shares now is

= 200 shares + 20 shares

= 220 shares

And there is 5% spin off

So, the number of shares contains spin off is

= 220 shares × 5%

= 11 shares

This represents the separate company

hence, there is 20 shares of XYZ and 11 shares of the spin-off

3 0

3 years ago

Help me with this please it is very important!!!!!

Vinvika [58]

Listening, checking for understanding

6 0

3 years ago