Eric randomly surveyed 150 adults from a certain city and asked which team in a contest they were rooting for, either north hig
h school or south high school. from the results of his survey, eric obtained a 95% confidence interval of (0.52,0.68) for the proportion of all adults in the city rooting for north high. what proportion of the 150 adults in the survey said they were rooting for north high school?
2 answers:
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Answer:
The amount of tax will be $3
Tax Burden on consumer is $2
Tax burden on producer ( in case you want to know) will be $1
Check the image below.
Tax is equal to the difference between the price actually paid by the buyer and the price actually received by the seller. Tax= Price paid by buyer-Price received by seller Tax= $8-$5 Tax = $3 Thus the tax computed is $3 per case.
Answer:
The amount of tax will be $3
Tax Burden on consumer is $2
Tax burden on producer ( in case you want to know) will be $1
Check the image below.
Tax is equal to the difference between the price actually paid by the buyer and the price actually received by the seller. Tax= Price paid by buyer-Price received by seller Tax= $8-$5 Tax = $3 Thus the tax computed is $3 per case.