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2 years ago

If taxes reduce consumer and producer surplus as well as create a deadweight loss, do we need them? Explain why or why not.

SAT

1 answer:

juin [17]2 years ago

4 0

Answer:

Tax revenue is the dollar amount of tax collected. For an excise (or, per unit) tax, this is quantity sold multiplied by the value of the per unit tax. Tax revenue is counted as part of total surplus. Because the tax alters the quantity that is sold in the market, it will result in a deadweight loss.The effect of the tax on the supply-demand equilibrium is to shift the quantity toward a point where the before-tax demand minus the before-tax supply is the amount of the tax. A tax increases the price a buyer pays by less than the tax. A tax causes consumer surplus and producer surplus (profit) to fall.

Explanation:

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Which of these options for saving money typically offers the most liquidity?

Otrada [13]

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2 years ago

a person jogs 4.0KM in 32 min, then 2.0n in 22min and finally 1.0km 16 min. what is the joggers average speed in km per min? ple

Marta_Voda [28]

Speed= distance divided by time so s=d/t

first find the individual speeds during each running segment. we get

s=4.0/32=1/8 km per min
s=2.0/22=1/11 km per minute
s=1.0/16=1/16 km per minute

now we take the average. the person jogged a TOTAL of 7.0 km in a TOTAL 70 minutes. so on average, they jogged 7.0/70=1/10 km per minute

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3 years ago

On which of the following do women generally perform better than men?

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3 years ago

Read 2 more answers

A book has a mass of 400g the surface of the book in contact

Brut [27]

Answer:

The pressure exerted on the table due to the book is 200 N/m².

Explanation:

The pressure exerted on the table due to the book is 200 N/m².

The given parameters;

mass of the book, m = 400 g = 0.4 kg

dimension of the table, = 0.10m x 0.20 m.

gravitational field strength g = 10 N/kg.

The area of the table is calculated as follows;

A = 0.1 x 0.2 = 0.02 m²

The pressure exerted on the table due to the book is calculated as follows; where;

F is the force of the book due to its weight

Thus, the pressure exerted on the table due to the book is 200 N/m².

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2 years ago

Why are generic pharmaceuticals significantly cheaper than name brand ones? <br><br> NEED HELP ASAP

RSB [31]

Answer:

Generic drugs tend to cost less than their brand-name counterparts because generic drug applicants do not have to repeat animal and clinical (human) studies that were required of the brand-name medicines to demonstrate safety and effectiveness.

Generic pharmaceuticals are significantly cheaper than name brand ones because generic pharmaceuticals are not protected by patent law, so the lack of barriers to entry and increased competition keep prices down.

Also, the makers of generic drugs do not have to cover the cost of developing and marketing a new product.

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2 years ago