Answer:
Explanation:
From the question, we are informed that before the tax, 25 million wine bottles were sold at price of $6 per bottle and that after the tax, 20 million bottles of wine are sold every month and the consumers pay $8 per bottle which include the tax and producers receive $5 per bottle.
The amount of tax on wine will be the difference between the price consumers pay after the tax and the price producers receive. This will be:
= $8 - $5
= $3 per bottle
The tax burden that falls on the consumers will be difference between price paid after tax and the price which is paid before the tax.
= $8 - $6
= $2 per bottle
The tax burden on the producers will be difference between price received before the tax and price received after the tax.
= $6 - $5
= $1 per bottle
The correct answer is: [C]: "business process model" .
_______________________________________________________
Answer:
The answers are increases and more.
Explanation:
When the government levies a tax on a good equal to the external cost associated with the good’s production, it ___increases_____ the price paid by consumers and makes the market outcome __more______ efficient
Because that is the imposition of tax on the external cost created by a commodity will lead to an increase in the price of the commodity. When the government imposes tax on goods equal to the external cost, it leads to the market outcome becoming more efficient.
The cost of rainforest preservation can be lowered for developing countries by the development of alternative rainforest products.
Answer:
&175
Explanation:
Breakeven price is the minimum price a product or service must be sold to cover the cost of producing it. Its aim is to ensure that items are not sold at a loss.
In the scenario given ,
Cost of room reservation = $3000
Cost of room / student = $3000/20 = $150
Course materials per student = $25
Total cost of course materials = $25 * 20 =$500
Total cost of training = $3,500
Target attendees = 20
Breakeven price = $3500/20 = $175
