XYZ, Inc. is a seller of the good. XYZ sells a unit of the good to a buyer and then pays the tax on that unit to the government.
1 answer:
Answer: $2
Explanation:
The Supply curve S1 represents the supply before tax. The equilibrium price at this point is therefore $3.
With taxes, the supply curve is S2 and the equilibrium price has now gone up to $5.
The amount that XYZ will be left with after paying the tax is:
= Price after tax - price before tax
= 5 - 3
= $2
You might be interested in
Answer:
130 months
Explanation:
The computation of the time period is shown below:
Given that
Present value = $13,000
Future value = $18,000
PMT = $0
RATE = 3% ÷ 12 = 0.25%
The formula is shown below:
= NPER(RATE;PMT;-PV;FV;TYPE)
The present value comes in positive
After applying the above formula, the time period is 130 months
Therefore the time that should be needed is 130 months
Answer:
The optimal order quantity is 6
Explanation:
Please see attachment
