Business, 12.12.2019 00:31 Gattuso

Alarge city currently provides free water service to residents. the marginal social cost (msc) of making a gallon of water available per month is estimated to be 5 cents no matter how much water is used. currently, city residents consume 500,000 gallons of water per month. the costs of making the water available are financed by a local tax on city residents.

a. )draw a graph to show that the current monthly consumption of water is not efficient. b.)show the net gains in well-being possible by applying a user charge of 5 cents per gallon to residential users. assume that monthly consumption declines to 400,000 gallons after the user charge is imposed. c)calculate the tax revenues that can be freed for other uses each month (including a reduction in taxes to local residents) after the user charge is imposed.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 00:40

Eileen's elegant earrings produces pairs of earrings for its mail order catalogue business. each pair is shipped in a separate box. she rents a small room for $150 a week in the downtown business district that serves as her factory. she can hire workers for $275 a week. there are no implicit costs. what is the marginal product of the second worker?

Answers: 3

Answer

Business, 22.06.2019 11:10

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.

Answers: 1

Answer

Business, 22.06.2019 14:10

Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity

Answers: 1

Answer

Business, 22.06.2019 16:10

Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.

Answers: 2

Answer

You know the right answer?

Alarge city currently provides free water service to residents. the marginal social cost (msc) of ma...

Questions