Here is the answer that completes the statement above.
Regarding the situation of Toby who runs a small deli downtown, if he is already maximizing his profits, therefore, we can say that the number or amount of delis will soon increase or rise. Hope this answers your question.
Answer: The correct answers are "decrease" and "decrease".
Explanation: Some policymakers have argued that products like cigarettes, alcohol, and sweetened soda generate negative externalities in consumption. All else equal, if the government decided to impose a tax on soda, the equilibrium quantity of soda would <u>decrease</u> and the equilibrium price of soda would <u>decrease.</u>
Date - Account Title - Debit - Credit
Feb 13
Cash - $10,975 -
Sales - - $10,000
Sales Tax Payable - - $975
What is a Drop-down menu?
A drop-down list (abbreviated drop-down, or DDL; also known as a drop-down menu, drop menu, pull-down list, picklist) is a graphical control element, similar to a list box, that allows the user to choose one value from a list.
When a drop-down list is inactive, it displays a single value. When activated, it displays (drops down) a list of values, from which the user may select one.
When the user selects a new value, the control reverts to its inactive state, displaying the selected value. It is often used in the design of graphical user interfaces, including web design.
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