You have $400,000 to donate to your college. The college's discount rate is 7%. You donate the money today, but you ask the
1 answer:
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Answer:
$60
Explanation:
According to information on your question. We are to note that an absence or reduction of suppliers could lead to lower supply.
As in this case, the producer supply loss of $60 was incurred as some sellers dropped out of the market as a result of the tax.
