1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zarrin [17]
2 years ago
8

in the market for widgets, the supply curve is the typical upward-sloping straight line, and the d curve is the typical downward

-sloping straight line. The equilibrium quantity in the tax. Then a tax of $5 per widget is imposed. market for widgets is 200 per month when there is no As a result, the government is able to raise $800 per month in tax revenue. We can conclude that the equilibrium quantity of widgets has fallen by a. 40 per month. b. 50 per month. c. 75 per month. d. 100 per month.
Business
1 answer:
lesya [120]2 years ago
4 0

Answer:

a. 40 per month

Explanation:

The computation of the fallen equilibrium quantity of widgets is

Since there is no tax so equilibrium quantity would be 200

And , the tax is imposed is $5

So, the tax revenue is

= 200 × $5

= $1,000

And, the government revenue is $800

So, the loss is

= $1,000 - $800

= $200

Now the fallen quantity is

= $200 ÷ $5

= $40

You might be interested in
German and Japanese firms are viewed as having a _____ advantage in exporting compared to U.S. firms.
e-lub [12.9K]

Answer:

bigger is the correct answer.

Explanation:

4 0
2 years ago
Rupert and cordelia own an american company that does business in foreign nations. getting a license in a new country can be cha
Lyrx [107]

Answer:

The payment made by Cordelia

Explanation:

In the scenario it stated clearly that Rupert filled out what would have been a normal application form for operational license in the country

However Cordelia using connections was able to schedule a meeting with the government official that <u>has the authority to determine which foreign companies get licenses, and pays him $200 to approve their license.</u>

Cordelia payment is nothing short of bribery and corruption because it is not a legally required payment and the motive was clearly to unduly influence the minister to approve their license.

Such payment will likely violate the foreign corrupt practices act

6 0
3 years ago
Read 2 more answers
In which situation would it be better to use a credit card instead of cash?
bonufazy [111]
Computer, its a larger amount of money to pay so it would be best there

6 0
2 years ago
According to the​ Break-Even EBIT​ analysis, shareholders are​ ____ off with debt when EBIT is​ _____ the​ Break-Even EBIT level
Kobotan [32]

Answer:

Answer B.

Explanation:

EBIT break even point is a situation when company does not make a profit or has loss. It is a point where earnings per share are equal to zero. It is the level of ebit equal to fixed costs for the company, like interest on the debt. If this break even point increases, this leads to the increase of financial risk. However, increase of ebit above break even point leads to net income calculated as EBIT*(1-interest expense)*(1-tax rate)-preferred dividends being higher.

3 0
2 years ago
Why does the quantity a supplier is willing to give go up when the price goes up
aleksandrvk [35]
Because of supply and demand. More demand for a product makes the price go and and the supplier gives more because they get more
8 0
2 years ago
Read 2 more answers
Other questions:
  • Jason is the marketing head at his company. He was working on the promotion of a new product. He had included the print media in
    13·2 answers
  • You and your twin sister, both 18 years of age, were in a car accident. She had a clean break across the humerus and the upper a
    13·1 answer
  •  HELPPP ME
    5·2 answers
  • Kit Company borrows $5 million at 12% on January 1, 2016, specifically for the purpose of financing the construction of a buildi
    6·1 answer
  • The supply curve for watches
    13·1 answer
  • The long-run aggregate supply curve is vertical because: minimum wage sets the long-run wages. the price level is constant in th
    14·1 answer
  • Tanner-UNF Corporation acquired as an investment $300 million of 6% bonds, dated July 1, on July 1, 2021. Company management is
    11·1 answer
  • The financial statements of New World, Incorporated, provide the following information for the current year: December 31 January
    15·1 answer
  • If a beneficiary is enrolled in a ma-only hmo and they also sign up for a pdp plan, they will be automatically dropped from thei
    10·1 answer
  • rose ordered a package of macaroons from an out of state bakery. she received the cookies the following week. what type of e-com
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!