subject
Business, 30.03.2020 19:36 alex43079

Suppose that the U. S. government decides to charge beer consumers a tax. Before the tax, 25 million cases of beer were sold every month at a price of $7 per case. After the tax, 18 million cases of beer are sold every month; consumers pay $8 per case (including the tax), and producers receive $5 per case. The amount of the tax on a case of beer is $1 per case. Of this amount, the burden that falls on consumers is $ per case, and the burden that falls on producers is $ per case.

a. True b. False: The effect of the tax on the quantity sold would have been the same as if the tax had been levied on producers. a. True b. False

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 22:10, maxy7347go
There are more than two types of bachelors’ degrees true or false?
Answers: 1
image
Business, 22.06.2019 11:30, emocow
1.     regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c   incorrect
Answers: 2
image
Business, 22.06.2019 15:40, aroman4511
Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.
Answers: 1
image
Business, 22.06.2019 18:10, salvadorperez26
Find the zeros of the polynomial 5 x square + 12 x + 7 by factorization method and verify the relation between zeros and coefficient of the polynomials
Answers: 1
You know the right answer?
Suppose that the U. S. government decides to charge beer consumers a tax. Before the tax, 25 million...

Questions in other subjects:

Konu
Mathematics, 08.07.2021 19:00