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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

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Newman Finley wishes to become a millionaire. His money market fund has a balance of $296,375 and has a guaranteed interest rate
Rus_ich [418]

Answer:

Investment period = 24 years

Explanation:

The total amount that an investment made today would become  if invested at a particular rate for certain number of years is known as the future value.

The $1,200,000 is the desired future value, the $296, 375 is the present value and the 6% is the interest rate.

FV = PV × (1+r)^n

1,200,000 = 296,375 × (1.06)^(n)

(1.06)^(n) = 1200000/96,375

(1.06)^(n) =4.048924504

find the log of both sides

n log 1.06= log 4.048924504

n= log 4.048924504/log 1.06

n = 24

It will take 24 years

3 0
3 years ago
Direct finance is a transaction between two parties where one party lends directly to the other​ party, whereas indirect finance
mamaluj [8]

Direct financing involves the financial market and indirect financing involves intermediaries. In the financial market, companies put their shares for sale and investors buy them. This is a direct financing mechanism for companies, which raise funds by sharing their own capital in traded shares.

On the contrary, if a company seeks bank financing, there will necessarily be intermediation by third parties, such as banks. In the middle market, economic agents deposit their money with the bank, and the bank uses it to lend to companies. This is intermediating a financing. Both types of financing are widely used, all will depend on the structure and purpose of each company in the search for financing.

8 0
3 years ago
Kane manages a used bookstore. He reads a report advising him to stock
sergeinik [125]

Answer:

I would say that the answer is D. If he knows that people don't buy encyclopedia's, yet he stocks them, the store could lose money because no one would buy it.

Explanation:

Hope this helps. :D

4 0
2 years ago
Read 2 more answers
Which of the following would best describe what would happen to the time value at the same nominal annual rate of a cash flow as
djverab [1.8K]

Answer:

A) Both the present value and future value would increase.

Explanation:

If the compounding frequency increases, then both the present value and the future value will increase because the effective annual rate will increase. E.g. interest used to be compounded every 6 months, now it is compounded monthly.

Both the present value and the future value vary jointly, if the present value decreases, then the future value will also decrease, and vice versa.

7 0
3 years ago
Except media what else can provide job information<br>​
kifflom [539]

Answer:

see below

Explanation:

Other sources of job information are

<u>1. Trade or professional associations </u>

They are organizations formed by professionals in the same career path. Members frequently meet to share information regarding developments in their profession.

2<u>. Family and friends working in different organizations</u>

Close friends and relatives are an important source of information for vacancies existing in different workplaces.

<u>3. Educational institutions</u>

In some cases, employers share information on their available job opportunities with schools and colleges.

<u>4. Career or employment agencies</u>

Employment agencies have updated information on various labor requirements for different employers

6 0
3 years ago
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