subject
Business, 17.06.2021 15:20 kps26pd2mea

In the market for widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. The equilibrium quantity in the market for widgets is 200 per month when there is no tax. Then a tax of $5 per widget is imposed. As a result, the government is able to raise $750 per month in tax revenue. We can conclude that the equilibrium quantity of widgets has fallen by $3. The government is able to raise $750 per month in revenue from the tax. The deadweight loss from the tax is:

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:00
When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting
Answers: 3
question
Business, 22.06.2019 12:30
True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product
Answers: 1
question
Business, 22.06.2019 16:00
What is used by accountant to analyze transactions ?
Answers: 2
question
Business, 22.06.2019 20:00
Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396
Answers: 3
You know the right answer?
In the market for widgets, the supply curve is the typical upward-sloping straight line, and the dem...
Questions
question
Chemistry, 30.04.2021 04:10
question
Mathematics, 30.04.2021 04:10
Questions on the website: 13722363