Suppose the City of Provo is considering adding a special sales tax on either yogurt or ice cream. Supply is essentially equivalent in both markets, but Demand for ice cream is less elastic. Assume that, prior to the tax, market price and quantity are equivalent in the two markets. If the same per-unit tax is imposed on both markets, more revenue would be raised by the tax on and more deadweight loss would occur in the market for .

Conner enterprises issued $120,000 of 10%, 5-year bonds with interest payable semi annually. determine the issue price of the bonds are priced to yield (a) 10%, (b) 8%, and (c) 12%. use financial calculator or excel to calculate answers. round answers to the nearest whole number.

1. what is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. what is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. a business just took out a loan for $100,000 at 10% interest. if the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. what is the annual percentage yield (apy) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%

Describe how to write a main idea expressed as a bottom-line statement