The quantity
Suppose the government imposes a price floor of $110. This price floor is
, and...
The quantity
Suppose the government imposes a price floor of $110. This price floor is
, and the market price will be
supplied will be and the quantity demanded will be Therefore, a price floor of $110 will result in
Instead of a price control, the goverment levies a tax on producers of $30. As a result, the new supply curve is:
Qs
2(P-30)
With this tax, the market price will be
such tax will result in
the quantity supplied will be
and the quantity demanded will be
. The passage of
Answers: 3
Business, 21.06.2019 16:50
Malcolm has several receipts from recent transactions that he entered in his records. the receipts include an atm receipt for an $80.00 deposit, a grocery store receipt for $25.50, and a paycheck deposit slip for $650.00 when he finishes entering his transactions, malcolm realizes that his balance is incorrect. assuming that malcolm had no beginning balance, what should his correct balance be?
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Business, 21.06.2019 21:20
20. sinclair company's single product has a selling price of $25 per unit. last year the company reported a profit of $20,000 and variable expenses totaling $180,000. the product has a 40% contribution margin ratio. because of competition, sinclair company will be forced in the current year to reduce its selling price by $2 per unit. how many units must be sold in the current year to earn the same profit as was earned last year? a. 15,000 units b. 12,000 units c. 16,500 units d. 12,960 units
Answers: 1
Business, 22.06.2019 11:00
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Answers: 2
Business, 22.06.2019 19:30
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Answers: 1
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