When an excise tax is imposed on sellers, this will cause the <u>supply</u> curve to <u>shift up and to the left</u>.
Excise duty is one of the six determinants of supply. They shift the supply curve to the left, reducing supply and raising the equilibrium price. The supply curve shifts until the vertical distance between the two curves equal the tax amount.
The effect of the tax on the supply and demand balance is to shift the quantity towards the point where the pre-tax demand minus the pre-tax supply equals the tax amount. A tax increases the price a buyer pays by less than the tax. Similarly, the price received by the seller will be lower, but less than the tax amount.
When a firm's profits increase, it will be more motivated to produce output, because more output means more profit. Therefore, as production costs fall, firms tend to supply larger quantities at a given price for their production. This can also be seen from the right shift of the supply curve.
Learn more about tax here brainly.com/question/25783927
#SPJ4
Answer:A casual crowd
Explanation:
A casual crowd refers to a group of people who happens to gather in one place at the same time usually temporarily. This type of crowd has no similarities , bonds or long term purpose or even identity. An example is when you waiting to cross the street,a number of people will gather for a moment there and then when it time to cross you all go your separate way so it only for that brief moment that you are all there at the same time but you don't know each other usually and you will do less talking
Answer:
The answer is below
Explanation:
There are various means Graciella can handle this potential bullying, some of which are:
1. She should monitor hotspots like bathroom, hallways, playgrounds, busses, etc
2. She should engage the parents of the kids involved: by letting the parents know about their child's behavior, whether he is the bully or the one being bullied.
3. She should have open communication with kids involved
4. She should reward positive behavior or conduct in class
Answer:
d, citizenship by military service
Explanation:
......
The answer should be July 4, 1776
