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IgorLugansk [536]
3 years ago
9

In the market for silver bracelets, the supply curve is the typical upward-sloping straight line, and the demand curve is the ty

pical downward-sloping straight line. The equilibrium quantity in the market for widgets is 200 per month when there is no tax. Then a tax of $5 per bracelet is imposed. As a result, the government is able to raise $800 per month in tax revenue. We can conclude that the equilibrium quantity of bracelets has fallen by ________________.
Business
1 answer:
kondaur [170]3 years ago
8 0

Answer:

Equilibrium quantity falls by 200 - 160 = 40 units

Explanation:

Below is the calculation for the quantity by which the equilibrium quantity falls.

Given the equilibrium quantity = 200 per month

Tax per bracelet  = $5

Total tax revenue = $800

Number of bracelet on which tax imposed = 800 / 5 = 160

Thus equilibrium quantity falls by 200 - 160 = 40 units

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Answer:

  1. FALSE
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Explanation:

  • Usually, derivative transactions are being used to hedge transactions so that decreased risk and used to increase the high returns, so the following statement is FALSE.
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6 0
3 years ago
Next year, Celebrity wishes to increase the unit selling price to $110. Shipping will change to 2.5% of sales. Cost of goods sol
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Answer:

net income increased by $1,537.50

Explanation:

Obviously, the original income statement is missing, so I looked for a similar question:

sales revenue                                 $16,500

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Gross profit                                      $7,200

Operating exp.:

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net income increased by $4,537.50 - $3,000 = $1,537.50

8 0
3 years ago
If an issuer sells bonds at a premium: Multiple Choice The carrying value increases from the par value to the issue price over t
AnnyKZ [126]

Answer:

The carrying value decreases from the issue price to the par value over the bond’s term.

Explanation:

The carrying value of a bond is the par value or face value of that bond plus any unamortized premiums or less any unamortized discounts. The net amount between the par value and the premium or discount is called the carrying value because it is reported on the balance sheet. When a bond is issued at a premium, the carrying value is higher than the face value of the bond.

5 0
4 years ago
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Answer:

The answer is explained below

Explanation:

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Which of these lists correctly orders the binary
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the third option

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Your welcome :)

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