The tax create a deadweight loss of $15 per day.
<h3>What is
tax revenue?</h3>
A tax revenue means the sum derived from tax payers.
Dead weight loss = 0.5 * (P2 - P1) * (Q1 - Q2)
Dead weight loss = 0.5 * 0.25 * 120
Dead weight loss = $15
Hence, the tax creates a deadweight loss of $15 per day.
Therefore, the Option C is correct.
Read more about tax revenue
<em>brainly.com/question/25641320</em>
Opportunity costs. If this is a grade school question.
Answer:
A side benefit of international trade is that it links national interests and increases the opportunity costs of war.
True
Answer:
The inventory turnover for the period is 5
Explanation:
Inventory turnover is the ratio which stated that how many times the company replaces as well as sells the stock of goods during a specific year or period.
The formula for computing the inventory turnover is as:
Inventory turnover = Cost of goods sold / Average inventory
where
Cost of goods sold (COGS) = $9,070,000
Average inventory = $1,814,000
Putting the values above:
Inventory turnover = $9,070,000 / $1,814,000
Inventory turnover = 5
Answer:
<h2>Statistics Suggest You Will Change Careers More Frequently</h2><h3>The average person will change careers 5-7 times during their working life according to career change statistics. With an ever increasing number of career choices, 30% of the workforce will now change careers or jobs every 12 months.</h3>
