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3 years ago

The table below shows some hypothetical data on the costs associated with the use of a liter of gasoline in a European country.

Business

1 answer:

Alchen [17]3 years ago

4 0

Answer:

1. 4.75

2. 4.25

Explanation:

1. Private cost is a supplier's or producer's cost of providing goods and services without any external cost.

Private cost:

= Cost of imported oil + Cost of refining oil to gasoline + Cost of distributing and selling gasoline + Government tax

= 0.50 + 1 + 0.75 + 2.50

= 4.75

2. Social cost is private cost plus external cost.

Social cost:

= Cost of imported oil + Cost of refining oil to gasoline + Cost of distributing and selling gasoline + Cost of pollution from one liter of gasoline

= 0.5 + 1 + 0.75 + 2

= 4.25

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Answer:

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Explanation:

Twix$ Dots$ Skot$

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3 years ago

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3 years ago

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Elina [12.6K]

Answer:

$12,500

Explanation:

Calculation for the total amount removed from Joshua’s estate in 2017

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4 years ago

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hram777 [196]

Answer:

Option (b) is correct

Explanation:

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3 years ago

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Answer: average curve is on the rise or increase.

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4 years ago