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
Sphinxa [80]
3 years ago
10

Refer to exhibit 20-2. the market for good x is initially in equilibrium at $5. the government then places a per-unit tax on goo

d x, as shown by the shift of s1 to s2. approximately what percentage of the tax do producers end up paying
Business
1 answer:
Tema [17]3 years ago
7 0

Answer:

45%

Explanation:

The market for good x is initially in equilibrium at $5. the government then places a per-unit tax on good x, as shown by the shift of s1 to s2.

As a result of the shift in the supply curve a new equilibrium price is established at $6.25

That implies that the share of the burden that consumers will bear is $1.25 (which represents 55% portion of the tax) - the difference between the previous and new equilibrium prices.

The other 45% portion of the tax will be borne by the producers

You might be interested in
3M Company executives were perplexed when the company's Scotch-Brite floor-cleaning product initially produced lukewarm sales in
Trava [24]

Answer: Custom.

Explanation:

The 3M company modified their product to resemble what is obtainable in the Custom of the Philippines people to enable increased sales. A custom of a people is the way of life or behavior of a people over a long period of time.

3 0
3 years ago
If a country of 300 million people has a total income of $12 trillion, its per capita income is:
DIA [1.3K]
12,000,000,000,000/300,000,000
Remove 8 zeroes from each value:
120,000/3 = 40000
The per capita income is $4000
So the per capita income is $40000 for every man, woman, and child.
6 0
3 years ago
The total package that a firm offers employees in return for their labor is called?
san4es73 [151]

Answer:

A compensation system.

Explanation:

5 0
4 years ago
An information technology analyst believes that they are losing customers on their website who find the checkout and purchase sy
igor_vitrenko [27]

Two questions:

what is the confidence level we are looking at?

also the p-value of .240.24? Is that a mistake in typing or is it .240 to the 24 decimal?

Generally, if the p-value is less than the confidence level (alpha) you reject the null hypothesis. The null hypothesis here is that the ads didn't nothing to help.

For instance, if the p-value were .240 and the alpha was .05 you would reject the null hypothesis and say that the ads may have had an effect on the outcome.

4 0
3 years ago
When at work I
marissa [1.9K]

Explanation:

Yes it is always good to have a bigger clear picture of the things or issues you need to address, but along with the bigger view, minute details are also important. Putting minute details in order will allow you to see the clear and real picture of the scenario. It is no doubt good to have a bigger view of things, but small details constitute the bigger picture, so small details are equally rather more important in getting the things rights. For example if you are at work and you are the in-charge at the manufacturing site, you will not only be concerned about the final product but also need to check the raw materials and all other inputs that are being given in the process to get the required product. So each and every detail is important while working in an organization.

3 0
4 years ago
Other questions:
  • Healthy Start Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The follo
    10·1 answer
  • Inflation, as measured by percentage changes in the CPI, Multiple Choice concerns policymakers more than the level of core infla
    6·1 answer
  • Flemington Farms is evaluating an extra dividend versus a share repurchase. In either case, $15,000 would be spent. Current earn
    5·1 answer
  • The concept of markup under monopolistic competition would best be described as the attempt of firms to make their products look
    14·1 answer
  • Carlos and Keisha have a monthly income of $25,000. They have monthly expenditures that total $30,000. What is TRUE about their
    15·1 answer
  • Kyle Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under
    13·1 answer
  • I just look sooooooooooooooooooooooooooo ugly right?
    7·2 answers
  • What are the requirements when checking in ciii-v and pse products.
    8·1 answer
  • Gertrude company receives $15,200 relating to its installment note receivable; of this amount $9,000 represents interest. in its
    9·1 answer
  • A student who wants a broad range of personalized recommendations based
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!