Business
Business, 15.01.2020 05:31, josh11742

Suppose that the u. s. government decides to charge wine consumers a tax. before the tax, 25 million bottles of wine were sold every month at a price of $7 per bottle. after the tax, 18 million bottles of wine are sold every month; consumers pay $8 per bottle (including the tax), and producers receive $5 per bottle.

the amount of the tax on a bottle of wine is $ per bottle. of this amount, the burden that falls on consumers is $ per bottle, and the burden that falls on producers is $ per bottle.

true or false: the effect of the tax on the quantity sold would have been smaller if the tax had been levied on producers.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 19:50, kennrecklezz
Which of the following best explains why treasury bonds have an effect on the size of the money supply? a. the amount of treasury bonds in circulation affects both unemployment and inflation. b. the government can spend more money and charge lower taxes by using treasury bonds. c. the federal reserve bank can buy and sell these bonds to raise or lower bank deposits. d. the interest paid on treasury bonds influences the interest rates charged by private banks. 2b2t
Answers: 1
image
Business, 22.06.2019 05:10, srice6
1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.
Answers: 1
image
Business, 22.06.2019 09:30, cwebb4383
Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?
Answers: 2
image
Business, 22.06.2019 16:00, hany90
Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)
Answers: 2
Do you know the correct answer?
Suppose that the u. s. government decides to charge wine consumers a tax. before the tax, 25 million...

Questions in other subjects: