Answer:
(B)
Explanation:
The price paid by buyers will not change, and the price received by sellers will not change because;
First,
Buyers paid 4$ tax before, later government removes or substracts -$4 tax away causing tax on meal purchased by buyers = $0.
Second,
Prior to removal of the tax on buyers of meals, sellers would have likely included this cost $4 into their cost of meals to buyers.
Now buyers are not imposed tax but the sellers are. Sellers would include this cost into the cost of meals, which is then transferred to buyers.
The equation would look this way;
Cost +$4 tax - $4 tax= + $4
The same cost would apply.
Answer:
C. It results when the free market equilibrium quantity is higher than the optimal equilibrium quantity.
D. The open access to common resources results in their depletion through overuse.
Explanation:
The tragedy of the commons is a problem in economics that could be arise at the time when an individual reject the society well being for the personal motive. It would result in excess consumption and the depletion of the resources
So as per the given options, the option c and option d is to relevant as it directly linked to the meaning of the tragedy of the commons
Answer: 18.43%
Explanation:
Based on the information given, the cash flow on total assets ratio will be calculated as:
= (net cash flows from operations / average total asset) × 100
= ($341,000 / $1850000) × 100
= 18.43%
Therefore, the answer to the question is 18.43%
A) credit union is a group of people who agree to save their money together and to make loans to each other at a relatively low rate of interest.
