Answer:
the options were missing:
- a tax of $9,000
- a tax of $14,000
- a tax of $15,000
- a tax of $18,000
the answer is a tax of $18,000
Explanation:
in this case, the seller surplus = $510,000 - $485,000 = $25,000, while consumer surplus = $525,000 - $510,000 = $15,000
Taxes decrease consumer surplus, but consumers are still willing to purchase goods if the price of the goods plus the taxes is equal or less to the maximum price that they are willing to pay. But $510,000 + $18,000 = $528,000 which is higher than $525,000
Answer:
Answer= 9 years
Explanation:
Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate
14,963.72=2200[1-(1.06)^-n]0.06
14,963.72=36,666.67[1-(1.06)^-n]
1-(1.06)^-n=(14,963.72/36,666.67)
(1.06)^-n=1-(14,963.72/36,666.67)
(1/1.06)^n=0.591898545
Taking log on both sides;
n*log (1/1.06)=log 0.591898545
Hence n=log0.591898545/log (1/1.06)
=9 years.
Answer:
for me I want you to choose vet because I love animals
Explanation:
But follow your heart it's your choice choose wisely
True......................................
