Answer:
The correct option is C: price would increase, and its output would decrease
Explanation:
Many companies that produce goods with negative externalities pay hugely for the negative externalities the consumer tend to face. For example, cigarette companies pay huge taxes because of harmful effect on consumer. If they were to price these goods with the negative externalities taken into account, the price of the good will definitely increase and output reduced.
Answer:
By not discharging the minutes of the FOMC Meeting to Congress and open quickly , keeps up mystery and fends off Congress from questioning and meddling into the procedures of FED. Thus, to take their financial strategy choices freely without noting somebody quickly . It can follow a free money related approach that is less dependent upon expansion and political business cycles .
FED doesn't turn out to be progressively clandestine and free in light of the fact that eventually of time FED is responsible to the Congress and open for its strategies .
Answer:
$351,912.61
Explanation:
Data provided in the question:
function that models the rise in the cost of a product
C = $285,700
t = 14 years
r = 1.5% = 0.015
Now,
On substituting the respective values in the given function, we get
inflation-adjusted cost in 14 years i.e C(14) = $285,700(1 + 0.015)¹⁴
or
C(14) = $285,700 × 1.2317
or
C(14) = $351,912.61
When supply goes down, the equilibrium price goes up. This is because if there is a smaller supply the good becomes more valuable to people who want the good.
Answer:
The numeric response for the question using real numbers rounded to one decimal place is given as below.
Explanation:
Tax incidence for almonds is (12 / (12 + 0.47)) = 0.96
for cotton (0.73 / (0.73 + 0.68)) = 0.52 and
for processing tomatoes is (0.64 / (0.64 + 0.26)) = 0.71
