QUESTION 3
Which of the following statements correctly describes the relationship between the...
Business, 15.04.2020 11:46 jessicajamah3289
QUESTION 3
Which of the following statements correctly describes the relationship between the size of the dead weight loss, (DWL), and the amount of
tax revenue as the size of the tax rate increases from a small tax rate to a medium rate to a large tax?
a. Both the size of the DWL and tax revenue increase.
b. The size of the DWL increases, but tax revenue decreases.
c. The size of the DWL increases, but tax revenue first increases, then decreases.
d. Both the size of the DWL and tax revenue decrease.
Answers: 2
Business, 21.06.2019 19:20, recon12759
Which of the following accurately describes a surplus? a. consumer demand for a certain car is below the number of cars that are produced. b. the production costs for a certain car are below the sale price of that car. c. a reduction in the cost of steel enables a car company to reduce the sale price of its cars. d. a car company tries to charge too high a price for a car and has to reduce the price. 2b2t
Answers: 1
Business, 22.06.2019 20:00, kiaramccurty
River corp's total assets at the end of last year were $415,000 and its net income was $32,750. what was its return on total assets? a. 7.89%b. 8.29%c. 8.70%d. 9.14%e. 9.59%
Answers: 3
English, 19.01.2021 08:10
Mathematics, 19.01.2021 08:10
French, 19.01.2021 08:10
Mathematics, 19.01.2021 08:10
English, 19.01.2021 08:10
Physics, 19.01.2021 08:10
Mathematics, 19.01.2021 08:10