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marta [7]
3 years ago
5

Donna runs an inn and charges $300 a night for a room, which equals her cost. Sam, Harry, and Bill are three potential customers

willing to pay $500, $325, and $250, respectively. When the government levies a tax on innkeepers of $50 per night of occupancy, Donna raises her price to $350. The deadweight loss of the tax is:________
a. $25
b. $50
c. $100
d. $150
Business
1 answer:
alina1380 [7]3 years ago
6 0

Answer:

a. $25

Explanation:

According to the given situation, the computation of deadweight loss of the tax is shown below:-

Deadweight Loss = 1 ÷ 2 × 1 × ($350 - $300) = 1 ÷ 2 × ($50)

Or, Deadweight Loss = 1 ÷ 2 × ($50)

Or,  Deadweight Loss = $25

Therefore the correct option is a. $25

We simply considered the above values so that the deadweight loss of the ta could come

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3 0
4 years ago
Carol Ellen is the cost accountant for CC Candy Manufacturers. For the current year, Carol expects to incur a total of $768,420
Komok [63]

Answer:

predetermined overhead per pound of finished product <em>$4.48</em>

Explanation:

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4 years ago
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Explanation:

Externality is the consequence of a producer's or consumer's action on a third party which did not partake in the action.

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4 0
3 years ago
Select all that apply.
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6 0
3 years ago
e-Shop, Inc. has net sales on account of​ $1,500,000. The average net accounts receivable are​ $610,000. Calculate the​ days' sa
mina [271]

Answer:

The​ days' sales in receivables are B.148.37 days

Explanation:

The​ days' sales in receivables is calculated by using following formula:

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In there:

Accounts receivable turnover = Net Credit Sales /Average Accounts Receivable

E-Shop, Inc. has net sales on account of​ $1,500,000 and average net accounts receivable of​ $610,000.

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3 years ago
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