if a $10 excise tax is collected from gasoline buyers on each gallon of gasoline sold, then the demand curve for gasoline will shift by $10, thereby the equilibrium price the curve will shift Leftward, increasing.
<h3>
What is equilibrium price?</h3>
A market-clearing price, often referred to as an equilibrium price, is the consumer cost associated with a good or service when supply and demand are equal or nearly equal. The manufacturer or seller is free to transfer as many units as they like, and the consumer is free to access as many units as they like.
Dynamic pricing adjusts prices instantly in reaction to changes in supply and demand in order to reach equilibrium prices as the market evolves. Other pricing models, including value-based pricing, aim to benefit from intangible attributes or use a variety of strategies to control demand in order to earn a bigger profit margin than can be estimated by cost-based pricing.
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Answer:
c. Kena recognizes a gain of $30,000
Explanation:
cash 650,000 debit
land 250,000 credit
gain at disposal 350,000 credit
liabilities 500,000 debit
cash 500,000 credit
Then, the company will close all account and leave kena account with a capital of 150,000 to mathc the remaining 150,000 cash
as her basis is 120,000 there will be a gain for 30,000
Commodity means a product that can can be bought and sold
Answer:
The correct answer is: a) true
Explanation:
According to the WTO, the 1994 Marrakesh Agreement states that "trade and economic endeavour should be conducted with a view to raising standards of living (...)" and this could be achieved, among other things, by "entering into reciprocal and mutually advantageous arrangements directed to the substantial reduction of tariffs and other barriers to trade (...)"
Source:
World Trade Organization: https://www.wto.org/english/docs_e/legal_e/04-wto_e.htm
Answer:
Compound interest is better.
Explanation:
When it comes to investing, compound interest is better since it allows funds to grow at a faster rate than they would in an account with a simple interest rate. Compound interest comes into play when you're calculating the annual percentage yield. That's the annual rate of return or the annual cost of borrowing money.