Answer: Equilibrium quantity of garden hoses after the tax is imposed is 85000.
Explanation:
Given that,
Dead weight Loss = $22500
Tax amount per unit (t) = $3
Equilibrium quantity before tax, 
= 1,00,000 units
Equilibrium quantity after tax, 
= ?
Dead weight Loss = 
22500 = 0.5 × 3 × (100000 - )
= 85000 units
∴ Equilibrium quantity of garden hoses after the tax is imposed is 85000.
Answer:
The annualized rate of return to the Swiss investor is -7.93%.
Explanation:
This is an instance of foreign currency bond.
Using the exchange rate of $1 = 1.420, purchase price of the bond is calculated as $9,708.74 x 1.420 = 13,786.4108 Swiss Francs
Using the exchange rate of $1 = 1.324, maturity value is $10,000 x 1.324 = 13,240 Swiss Francs
Holding period is 6 months.
So, annualized rate of return is: (Maturity amount - Purchase price)/Purchase price x 12 / No of months
Annualized rate of return is: (13,240 - 13,786.4108)/13,786.4108 x 12/6 = -0.079268028.
Annualized rate of return is -7.93% approximately.
Equilibrium price will fall; equilibrium quantity will fall.
What does Equilibrium price mean?
An Equilibrium price, also known as a market-clearing price, is the consumer cost assigned to some product or service such that supply and demand are equal, or close to equal.
The manufacturer or vendor can sell all the units they want to move and the customer can access all the units they want to buy.
What is Equilibrium quantity?
Equilibrium quantity is when there is no shortage or surplus of a product in the market.
Supply and demand intersect, meaning the amount of an item that consumers want to buy is equal to the amount being supplied by its producers.
Learn more about Equilibrium price and quantity here:
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Answer:
$2,500
Explanation:
The calculation of American opportunity tax credit is shown below:-
According to the given situation, Steve's part-time job wouldn't come in between his not applying for the credit as the AGI is lower than the applying number.
Therefore, the credit would be 100% of first is
= $2,000 + 25% (Increased)
= $2,500
Answer:
I think you’re a person assumes and Mr. White will be doing well financially is because she is that the one who is teaching people how to financially afford people are going to think she’s doing well financially
Explanation:
It’s really simple she’s doing she’s teaching everybody how to initially a food thing should be good
