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
Answer:
There are three types: Earned, Capital gains and passive
Explanation:
Earned: Requires you to trade time for money but can be earned quickly.
Capital Gains: Can be earned without ACTIVE work but takes a longer time. You get this by selling something/
Passive: Can be earned without ACTIVE work but takes a longer time. You get this after just one and investment that pays steadily like stock dividends.
For example, you could earn earned income from working a job, capital gains from buying and then selling a stock and passive income from stock dividends.
<span>Governments have two main mechanisms for controlling the prices or quantities of goods and services exchanged, subsidies and taxes. Subsidies can be used to manipulate supply by rewarding supplies for producing, or not producing a target good. For internal trade, taxes can be used to manipulate demand by raising the cost of goods sufficiently that the potential pool of willing buyers is reduced. For external trade, tariffs offer similar effects.</span>
Answer:
city mileage standard deviation for this SUV model is 2.34 mpg
Explanation:
given data
mean = 15.2 mpg
company indicated SUV more than 17 mpg = 22 %
to find out
city mileage standard deviation
solution
we know here that
P(Z > 0.77) is = 0.22
so here z is
z = 0.77
and
we use here z-score formula that is
mean x = z × 
+ 
................1
so
= ( x - ) ÷ z ................2
put here value and we get
= 
= 2.34
so city mileage standard deviation for this SUV model is 2.34 mpg
