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
Answer:
Constant of proportionality in pages per hour = 14 pages in 1 hour
Explanation:
Given:
Hour 2 Number of pages 28
Hour 3 Number of pages 42
Find:
Constant of proportionality in pages per hour
Computation:
Number of pages read in first week = 28 / 2
Number of pages read in first week = 14
Number of pages read in second week = 42 / 3
Number of pages read in second week = 14
Constant of proportionality in pages per hour = [Number of pages read in first week + Number of pages read in second week] / 2
Constant of proportionality in pages per hour = [14 + 14] / 2
Constant of proportionality in pages per hour = 14 pages in 1 hour
Answer:
Money owing to bank, Motor Van, Stock of goods
Explanation:
