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Molodets [167]
3 years ago
5

A study finds that the noise from rock concerts is harmful; hence, the government imposes a $30 tax on the sale of every unit. T

his amount accurately accounts for the external cost of the noise pollution. Before the corrective tax, concert tickets regularly sold for $190. After the tax is in place, the market price for concert tickets rises to $195.Because of the tax, the number of concert tickets sold will ___________.The socially optimal price of concert tickets is________ $ .The private market price is $ .A firm selling concert tickets receives _____$ after it pays the tax.
Business
1 answer:
Fed [463]3 years ago
4 0
The correct answer is: decrease; $195; $190; $165.

A study found the noise from rock concerts to be harmful.  
To correct the externality created by the concerts, the government imposes a tax $30 on sale of each unit.  
The price of tickets was initially $190.  
After the imposition of the corrective tax, the price increased to $195.  
This increase in price will cause the demand for tickets to decrease. As a result, the number of concert tickets sold will decrease.  
The socially optimal price of the tickets is $195, as this price eliminates externalities.  
The private market price is the price which was creating externalities, in this case, it is $190.  
We can find the price received by the firms by deducting the tax amount from the new price.  
The price received by the firms is
= $195 - $30
= $165
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Who are venture capitalists? A. investors who see growth of a company but invest using other people’s money B. buyer who convert
lorasvet [3.4K]

Answer:

A. investors who see growth of a company but invest using other people’s money

Explanation:

A venture capitalist is an employees of a venture capital firm . These capitalists are private equity investors who provide capital to business startups and small businesses using other people's money held in a fund. Even though these businesses have the potential for exponential growth, they usually have a high risk. Additionally, if the startup goes under, they are not obligated to pay back these venture capitalists.

3 0
4 years ago
What effect would a bumper crop most likely have on the price of that crop?​?
Lunna [17]
<span>This will most likely drive down the price of that crop. Price is a function of demand and supply, if a bumper crop leads to much more supply with little change on the demand side, the price of the supply will have to reduce for the market to clear.</span>
5 0
4 years ago
The following transactions occur for Badger Biking Company during the month of June: Provide services to customers on account fo
Zinaida [17]

Answer:

Accounting equation is stated as follows:

Assets = Liabilities + Stockholder's Equity

Transaction 1

Providing services will increase revenue, which will increase stockholder's equity. And since it is on account it will increase assets by the same amount = $39,000

Transaction 2

Cash received will increase cash in assets and will decrease accounts receivables in assets. Net effect = 0

Transaction 3

Purchase of equipment will increase equipment that is asset by $24,000 and further it is purchased through a note payable, it will increase liability with the same amount.

Transaction 4

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4 0
3 years ago
On January 1, Feld traded a delivery truck and paid $10,000 cash for a tow truck owned by Baker. The delivery truck had an origi
S_A_V [24]

Answer:

gain on disposal                     30,000

Explanation:

First we do the numbers for the old truck:

Asset        140,000

Acc Dep          80,000

Book Value  60,000

Now, becuase there are commercial subtance we will recognize the dgain or loss at disposal.

Total given-up for the tow truck

bake tow truck                      100,000

cash                                     <u>   (10,000)  </u>

Baker valuation of our truck  90,000

book value                             (60,000)

gain on disposal                     30,000

<u>journal entry</u>

tow truck                      100,000

acc dep delivery truck   80,000

    cash                                                   10,000

   delivery truck                                   140,000

   gain on disposal                                30,000

7 0
4 years ago
The entity set person is classified as student and employee. This process is called _________.
Nata [24]

The entity set person is classified as student and employee. This process is called Specialization. Thus, option B is correct.

<h3>Who are the student and employee?</h3>

A student is a person who is studying that means is in a university, school, or college. An employee is someone who works under an employer to earn money.

The entity set individual is categorized as both a worker and a student. The term for this procedure is specialization in which the area is divided into different sectors and under which a person chooses a certain topic to focus on. Therefore, option B is the correct option.

Learn more about the student and employee, here:

brainly.com/question/28391223

#SPJ4

The question is incomplete, the complete question is:

(a) Generalization

(b) Specialization

(c) Inheritance

(d) Constraint generalization

6 0
2 years ago
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