Answer:
I will need more information
Explanation:
Answer:
200,000
Explanation:
As he has repaid the loan amount of 200,000 he has earned 200,000 so he has to show 200,000 as income.
Suppose a $3 per-unit tax is placed on this good. the per-unit burden of the tax on sellers is $1 .
Explanation:
The demand curve and the production curve are cross-secting before the tax level reaches $4.
The supply curve moves to the left when the tax of $3 was levied, so that the new price payable by consumers is $6 where the new supply curve and the demand curve intersect, while the seller collects $3 where the original supply curve and the demand curve intersects.
hence, the per unit burden of the tax imposed on buyers is $6 - $4 = $2
while the burden on sellers is $4 - $3 = $1
<u><em>A country is better off producing the goods and services that it has a comparative advantage supplying.</em></u>
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