Post by: @Brianna17 on Apr 19, 2019
Refer to the information provided in Scenario 36.5 below to answer the question(s) that follow.
SCENARIO 36.5: The tiny nation of Bugaboo consists of two virtually identical islands, Achoo and Zoink, separated by the Strait of Dingo. The islands are similar in geography and population. The only telephone service on the islands is cellular, and the only cellular provider on the islands is the government-owned Bugaboo Communications Company, which charges a standardized rate of 20 Bugabucks per minute. Both islands add on an additional $5 Bugabucks-per-minute usage tax. As a way to increase revenue, the island governor of Zoink decided to increase the usage tax to $10 per minute, effective January 1, 2017. The average monthly cellphone usage per month is listed in the table below.
Refer to Scenario 36.5. The total cost of telephone service for residents of Achoo in 2016 is ________ Bugabucks.
◦ 4,500
◦ 22,500
◦ 90,000
◦ 112,500
Post by: anoriega3 on Apr 19, 2019
Post by: kshipps on Apr 19, 2019
Refer to the information provided in Scenario 36.5 below to answer the question(s) that follow.
SCENARIO 36.5: The tiny nation of Bugaboo consists of two virtually identical islands, Achoo and Zoink, separated by the Strait of Dingo. The islands are similar in geography and population. The only telephone service on the islands is cellular, and the only cellular provider on the islands is the government-owned Bugaboo Communications Company, which charges a standardized rate of 20 Bugabucks per minute. Both islands add on an additional $5 Bugabucks-per-minute usage tax. As a way to increase revenue, the island governor of Zoink decided to increase the usage tax to $10 per minute, effective January 1, 2017. The average monthly cellphone usage per month is listed in the table below.
Refer to Scenario 36.5. The total cost of telephone service for residents of Achoo in 2017 is ________ Bugabucks.
◦ 5,150
◦ 25,750
◦ 103,000
◦ 128,750
Post by: kaylee05 on Apr 19, 2019
Post by: kshipps on Apr 19, 2019
Post by: kaylee05 on Apr 19, 2019
Post by: 123654777 on Apr 19, 2019
Refer to the information provided in Scenario 36.5 below to answer the question(s) that follow.
SCENARIO 36.5: The tiny nation of Bugaboo consists of two virtually identical islands, Achoo and Zoink, separated by the Strait of Dingo. The islands are similar in geography and population. The only telephone service on the islands is cellular, and the only cellular provider on the islands is the government-owned Bugaboo Communications Company, which charges a standardized rate of 20 Bugabucks per minute. Both islands add on an additional $5 Bugabucks-per-minute usage tax. As a way to increase revenue, the island governor of Zoink decided to increase the usage tax to $10 per minute, effective January 1, 2017. The average monthly cellphone usage per month is listed in the table below.
Refer to Scenario 36.5. The total cost of telephone service for residents of Zoink in 2016 is ________ Bugabucks.
◦ 4,800
◦ 24,000
◦ 96,000
◦ 120,000
Post by: JCABRERA33 on Apr 19, 2019
Post by: NClaborn on Apr 19, 2019
Refer to the information provided in Scenario 36.5 below to answer the question(s) that follow.
SCENARIO 36.5: The tiny nation of Bugaboo consists of two virtually identical islands, Achoo and Zoink, separated by the Strait of Dingo. The islands are similar in geography and population. The only telephone service on the islands is cellular, and the only cellular provider on the islands is the government-owned Bugaboo Communications Company, which charges a standardized rate of 20 Bugabucks per minute. Both islands add on an additional $5 Bugabucks-per-minute usage tax. As a way to increase revenue, the island governor of Zoink decided to increase the usage tax to $10 per minute, effective January 1, 2017. The average monthly cellphone usage per month is listed in the table below.
Refer to Scenario 36.5. The total cost of telephone service for residents of Zoink in 2017 is ________ Bugabucks.
◦ 26,125
◦ 52,250
◦ 156,750
◦ 182,875
Post by: 6ana001 on Apr 19, 2019
Post by: NClaborn on Apr 19, 2019
Post by: 6ana001 on Apr 19, 2019
Post by: biggirl4568 on Apr 19, 2019
Refer to the information provided in Scenario 36.5 below to answer the question(s) that follow.
SCENARIO 36.5: The tiny nation of Bugaboo consists of two virtually identical islands, Achoo and Zoink, separated by the Strait of Dingo. The islands are similar in geography and population. The only telephone service on the islands is cellular, and the only cellular provider on the islands is the government-owned Bugaboo Communications Company, which charges a standardized rate of 20 Bugabucks per minute. Both islands add on an additional $5 Bugabucks-per-minute usage tax. As a way to increase revenue, the island governor of Zoink decided to increase the usage tax to $10 per minute, effective January 1, 2017. The average monthly cellphone usage per month is listed in the table below.
Related to the
Economics in Practice on p. 727: Refer to Scenario 36.5. Using the difference-in-differences method, what is the estimated effect of the increase in the usage tax on the average number of minutes used monthly per resident in Zoink?
◦ -225
◦ -425
◦ -650
◦ -1,075
Post by: briseldagonzales on Apr 19, 2019