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Korolek [52]
2 years ago
12

A consumer values a house at $525,000 and a producer values the same house at $485,000. If the transaction is completed at $510,

000, what amount of tax may result in unconsummated transaction
Business
1 answer:
Natali5045456 [20]2 years ago
7 0

Answer:

the options were missing:

  • a tax of $9,000
  • a tax of $14,000
  • a tax of $15,000
  • a tax of $18,000

the answer is a tax of $18,000

Explanation:

in this case, the seller surplus = $510,000 - $485,000 = $25,000, while consumer surplus = $525,000 - $510,000 = $15,000

Taxes decrease consumer surplus, but consumers are still willing to purchase goods if the price of the goods plus the taxes is equal or less to the maximum price that they are willing to pay. But $510,000 + $18,000 = $528,000 which is higher than $525,000

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If the slope of a straight line is minus3 and if Y​ (the variable on the vertical​ axis) decreases by​ 6, then X​ (the variable
Sergio039 [100]

Answer:

X​ (the variable on the horizontal​ axis) will increases by 2.

Explanation:

The slope of a straight line is -3. So, m=6.

Slope of a straight line is

m=\dfrac{Rise}{Run}=\dfrac{\text{Change is y}}{\text{Change in x}}

Y​ (the variable on the vertical​ axis) decreases by​ 6.

Change is y = -6

We need to find the change in ​ (the variable on the horizontal​ axis).

Substitute the given values in the above formula.

-3=\dfrac{-6}{\text{Change in x}}

\text{Change in x}=\dfrac{-6}{-3}

\text{Change in x}=2

Note: All options are incorrect.

Therefore, X​ (the variable on the horizontal​ axis) will increases by 2.

5 0
3 years ago
Can someone help me please
horsena [70]

true because the corporation has more money to spend


4 0
3 years ago
College football​ attendance, especially student​ attendance, has been on the decline. In​ 2016, home attendance at major colleg
puteri [66]

Answer:

Your opportunity cost of attending a game compared with the opportunity cost facing a college student 10 years ago is:

A) higher, because more games are televised today.

Opportunity costs are the cost of choosing one alternative from another.

In this case, when college students attend college football games they are unable to do other activities, not only while they are at the stadium or going to the stadium, but they are not able to purchase other goods. The cost of those alternatives that are lost are higher now because many college football games are televised now, before if you wanted to see a game you had to go to the game. So a student is now able to watch the game while doing other activities, or saving money for buying something else.

Can this change in opportunity cost account for the decline in college football​ attendance?

B) ​Yes, because these changes increase the opportunity cost of watching football games in person.

Even though opportunity costs do not involve actual cash payments, they are still important and individuals do consider them when they are choose one option over another. E.g. imagine if you had to choose between spending a considerable amount of money by attending a game (ticket, gas, beverages, etc.) or watching that game on TV and buying a few clothes instead or going on a date, etc. What option would you choose?

6 0
3 years ago
In the movie contract, which side was the more successful negotiator? Can you think of any terms that either party left out? Are
Sergio039 [100]

In the movie contract, the artist side was the most successful navigator. The party may be left out if the artist contract with the another film.

<h3>Who is navigator?</h3>

A negotiator is a person that either gets to an agreement with another person or assists others in reaching an agreement.

When two people can't correspond on something then, it's essential to call in a mediator. When two institutions unite, they can employ a negotiator to support them iron out the terms of the deal.

The artist was a more successful negotiator in a movie contract because he/she had spelled out all of the possible provisions for acting in a film. More conditions may have been included by the producer to bind the artist to the contract.

The producer may have added the following provisions to the movie contract before signing it. It includes that, If an artist arrives late on set, the producer has the authority to remove a penny from the artist's remuneration, and

If it is discovered that an artist has signed other film contracts, he or she will be held accountable for damages.

All the decisions should be made in a good faith by the artist and  producer. If the provisions were stated at the time of negotiation by both the parties.

Therefore, the reasonable word means the usual and the ordinary circumstances.

Learn more about the navigator, refer to:
brainly.com/question/8888625

#SPJ1

4 0
2 years ago
Henri earned a salary of $50,000 in 2001 and $70,000 in 2006. The consumer price index was 177 in 2001 and 265.5 in 2006. Henri'
kvv77 [185]

Answer:

$46,666.67

Explanation:

Henri earned a salary of $50,000 in 2001

He earned $70,000 in 2006

The consumer price index in 2001 was 177 and in 2006 was 265.5

Therefore his salary in 2001 can be calculated as follows

= 70,000/265.5 × 177

= 263.65 × 177

= 46,666.67

3 0
3 years ago
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