We had it and lost it due to the concepts that people thought businesses had to much free reign to do what they wanted so the government started passing regulations de facto giving the freedom that businesses had and making it power for the government.
Answer: hello your question is poorly structured attached below is the missing graph and missing part of the question
Assume the government imposes a $1.00 excise tax on the sale of every 2 liter bottle of soda. The tax is to be paid by the producers of soda. The figure below shows the annual market for 2 liter bottles of soda before and after the tax is imposed.
answer :
a) $2 , 4 billion
b) $2.5
c) $1.5
d) 3 billion
e) $3 billion
Explanation:
a) equilibrium price = $2 per bottle
equilibrium quantity = 4 billion bottles
<u>b) After imposition of excise tax </u>
consumers will pay = $2.5
<u>c) The amount producers keep after the imposition of taxes </u>
= $2.5 - tax
= 2.5 - 1 = $1.5
<u>d) New equilibrium quantity ( after tax is imposed ) </u>
= 3 billion bottles ( from graph attached ) i.e. intersection of S2 and D
e)<u> Amount of tax revenue collected by the government from the imposition of tax </u>
= quantity of bottles sold * $1
= 3 billion * $1 = $3 billion
Answer: Clustering
Explanation: In simple words, clustering refers to a form of communication in which a single person transmits the message to the sub groups and this cycle follows on. The individuals to which message is transmitted are not randomly selected.
In the given case, John wants to know the factors for which the potential customer wants to purchase his brand products. However due to higher population on target individual analysis is not feasible.
Thus, John should opt for Cluster by making subgroups for the flow of information.
I just took the test online, It's Future Value.