3. If the government imposes a tax on the production of a good or service, what will happen to the equilibrium price
and quantity of the good?
a. Equilibrium price and quantity will both decrease
b. Equilibrium price and quantity will both increase
C. Equilibrium price will increase and equilibrium quantity will decrease
d. Equilibrium price will decrease and equilibrium quantity will increase
Answers: 2
Business, 22.06.2019 02:00, 544620
Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?
Answers: 1
Business, 22.06.2019 22:50, rydersasser12
Awork system has five stations that have process times of 5, 9, 4, 9, and 8. what is the throughput time of the system? a. 7b. 4c. 18d. 35e. 9
Answers: 2
Business, 23.06.2019 00:00, alexlee202204
The undress company produces a dress that women use to quickly and easily change in public. the company is just over a year old and has been successful through a kickstarter campaign. the undress company has identified a customer segment, but if it wants to reach a larger customer segment market outside of the kickstarter family, what question must it answer?
Answers: 1
Business, 23.06.2019 00:50, Bunnybear3384
On january 1 of the current year, jimmy's sandwich company reported owner's capital totaling $128,000. during the current year, total revenues were $106,000 while total expenses were $95,500. also, during the current year jimmy withdrew $30,000 from the company. no other changes in equity occurred during the year. if, on december 31 of the current year, total assets are $206,000, the change in owner's capital during the year was:
Answers: 3
3. If the government imposes a tax on the production of a good or service, what will happen to the e...
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