Answer:
The correct answer is: decrease; $195; $190; $165.
Explanation:
A study found the noise from rock concerts to be harmful.
To correct the externality created by the concerts, the government imposes a tax $30 on sale of each unit.
The price of tickets was initially $190.
After the imposition of the corrective tax, the price increased to $195.
This increase in price will cause the demand for tickets to decrease. As a result, the number of concert tickets sold will decrease.
The socially optimal price of the tickets is $195, as this price eliminates externalities.
The private market price is the price which was creating externalities, in this case, it is $190.
We can find the price received by the firms by deducting the tax amount from the new price.
The price received by the firms is
= $195 - $30
= $165
Answer:
Market A: 
Market B: 
Explanation:
Market A: 
........................ (1)
Market B: 
........................ (2)
MC = m = 20 ............................................... (3) for both markets
For Market A:
Profit maximizing price can be obtained when 
Therefore, we have:
Substituting 50 for 
in equation (1), we have:
For Market B:
Profit maximizing price can be obtained when 
Therefore, we have:
Substituting 80 for 
in equation (2), we have:
<span>The most expensive pairs of shoes as of 2016 would have to be "Nike Mag." Selling at about $28,638</span>
Answer:
The correct answer is (a)
Explanation:
Increase in prevailing interest rate can lead to an increase in the demand of a currency. Likewise, if the British interest rate increases, the other countries will likely to buy pounds or fewer dollar-dominated currencies or securities. So, the German investors are likely to buy fewer dollar-dominated securities and the euro is likely to depreciate relative to the dollar.
Answer:
$42,240
Explanation:
The computation of the balance of the Accumulated Depreciation account at the end of 2019 is as follows;
But before that the depreciation rate is
= 1 ÷ 5 × 2
= 40%
For the first year, the depreciation expense is
= $66,000 × 40%
= $26,400
Now for the 2019, the depreciation expense is
= ($66,000 - $26,400) × 40%
= $15,840
Now the accumulated depreciation is
= $26,400 + $15,840
= $42,240
