1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Debora [2.8K]
3 years ago
7

Suppose a $3 per-unit tax is placed on this good. the per-unit burden of the tax on sellers is

Business
1 answer:
Leto [7]3 years ago
6 0

Suppose a $3 per-unit tax is placed on this good. the per-unit burden of the tax on sellers is $1 .

Explanation:

The demand curve and the production curve are cross-secting before the tax level reaches $4.

The supply curve moves to the left when the tax of $3 was levied, so that the new price payable by consumers is $6 where the new supply curve and the demand curve intersect, while the seller collects $3 where the original supply curve and the demand curve intersects.

hence, the per unit burden of the tax imposed on buyers is $6 - $4 = $2

while the burden on sellers is $4 - $3 = $1

You might be interested in
Futura Company purchases the 69,000 starters that it installs in its standard line of farm tractors from a supplier for the pric
algol13

Financial advantage (disadvantage) of making the 40,000 starters instead of buying them from an outside supplier is: $89,700.

<h3>Financial advantage (disadvantage)</h3>

First step is to calculate the relevant cost of making starters

Relevant cost= Direct materials+ Direct labor+ Variable manufacturing overhead+ Supervision

Relevant cost=($4×69,000)+ ($3.20×69,000) +($0.60×69,000) + $117,300

Relevant cost=$276,000+$220,800+$41,400+$117,300

Relevant cost=$655,500

Second step is to calculate the relevant cost of buying starters

Relevant cost=$10.80 × 69,000

Relevant cost=$745,200

Third step is to calculate the financial advantage

Financial advantage=$745,200-$655,500

Financial advantage=$89,700

Therefore the financial advantage is $89,700.

Learn more about Financial advantage (disadvantage) here:brainly.com/question/16288548

#SPJ1

3 0
3 years ago
To increase a company’s performance, a manager suggests that the company needs to increase the value of its product to customers
poizon [28]

Answer and Explanation:

The explanation of the advice that represents three ways which can be considered as an incorrect is as follows

1. If the amount is rises than it cannot change the commodities or goods cost

2. In case when the customer is ready for paying than in this case the value of the amount rises

3. Also when the amount of the customer rises so the performance would remains constant without considering the rise in the profit.

7 0
3 years ago
This tax is locally assessed, varies according to the worth of land and goods on it, and generally funds things like public scho
andre [41]

Answer:

Property

Explanation:

I Did it

7 0
2 years ago
The steady progress of industry in the United States was possible because:_______. 1. new sources of energy allowed industry to
aliina [53]

Answer:

5. all of the above

Explanation:

The steady progress of industry refers to the constant progression and enlargement of the different industries that exist in the United States of America. This was made possible because of many factors that allowed progression to take place and broke down the roadblocks that may otherwise have prevented it. Such factors include, new sources of energy allowed industry to develop, man's creative mind developed, methods to increase production improved, and even methods of transportation and communication were developed.

3 0
4 years ago
Consideran que las costumbres y tradiciones deben mantenerse ala nueva generación​
Katarina [22]

Answer:

Efectivamente, considero que las costumbres y tradiciones deben mantenerse en las nuevas generaciones, pues forman parte de la idiosincrasia y la identidad de un pueblo, sociedad o nación. De esta manera, a través del mantenimiento de estas costumbres y tradiciones, las nuevas generaciones seguirán sintiendo una especial pertenencia a su patria, y mantendrán un vínculo que los ligará con esta y con sus compatriotas, puesto que las costumbres y tradiciones son parte esencial de la identidad de una nación.

8 0
3 years ago
Other questions:
  • Wants and needs: ready meals
    10·1 answer
  • Joyce's investments earn 5% nominal annual return right now while the inflation rate is at 1%. If inflation increases to 5%, it
    15·2 answers
  • If pressure is put on the government to maintain a balanced budget during a recession. In this scenario, government would need t
    12·1 answer
  • complete the sentences about english with your own ideas then compare your sentences пж мне нужно пускай не будет похожей на дру
    6·1 answer
  • What is the definition of excellent customer service?
    13·1 answer
  • A loss of electrons is ....
    7·2 answers
  • The current spot exchange rate is $1.55 = €1.00 and the three-month forward rate is $1.60 = €1.00. Consider a three-month Americ
    6·1 answer
  • Job candidates are leaving an office every 50 minutes. Each candidate goes through three activities during the office visit: ver
    14·1 answer
  • Harry Company sells 38,000 units at $37 per unit. Variable costs are $30.71 per unit, and fixed costs are $136,200. Determine (a
    11·1 answer
  • jungle junior company manufactures and sells outdoor play equipment. jungle junior uses activity-based costing to determine the
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!