This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the above figure, what is the total tax revenue collected by the government? A) 20 million B) ... (Read 26 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
In the above figure, what is the total tax revenue collected by the government?
 
  A) 20 million
  B) 40 million
  C) 200 million
  D) 400 million

Question 2

Suppose a market begins in equilibrium. If supply increases, then at the original equilibrium price the quantity demanded is
 
  A) is less than the quantity supplied and a surplus results.
  B) is less than the quantity supplied and a shortage results.
  C) exceeds the quantity supplied and a surplus results.
  D) exceeds the quantity supplied and a shortage results.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


arivle123

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Jun 29, 2018
Correct answers!


shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the
Hydrocephalus. The figure on the left is a child with the enlarged ventricles of hydrocephalus. The Hydrocephalus. The figure on the left is a child with the enlarged ventricles of hydrocephalus. The
A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there
What is the current in Figure 16-1(b) if the diode is made of silicon and the polarity of the ... What is the current in Figure 16-1(b) if the diode is made of silicon and the polarity of the ...
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
Earth 600 Million Years Ago Earth 600 Million Years Ago
Video: What are the Parts of a Plant Cell?

For a complete list of videos, visit our video library