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

Author Question: After a 3 per-unit tax on seeing movies in theaters is imposed, attendance falls from 4,000 a week ... (Read 91 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
on: Jun 29, 2018
After a 3 per-unit tax on seeing movies in theaters is imposed, attendance falls from 4,000 a week to 3,000 a week. The revenue from the tax is
 
  A) less than 9,000 a week.
  B) 9,000 a week.
  C) between 9,000 a week and 12,000 a week.
  D) some amount that cannot be calculated without more information.

Question 2

The table above shows the demand and costs for a single-price monopolist. When it maximizes its profit, the firm makes an economic profit of
 
  A) 15.
  B) 25.
  C) 40.
  D) 45.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

parshano

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


jeatrice

  • Hero Member
  • *****
  • Posts: 543
Reply #2 on: Jun 29, 2018
Thank you :)


parshano

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

5 week embryo 5 week embryo
Who Goes to College? Comparing Social Class and Ability in Determining College Attendance Who Goes to College? Comparing Social Class and Ability in Determining College Attendance
Holy Week in Spain Holy Week in Spain
A functional renal unit. A functional renal unit.
Outcome of myocardial infarction. Forty percent of 1-week survivors have late complications ... Outcome of myocardial infarction. Forty percent of 1-week survivors have late complications ...
In Falls, Energy Is Transmitted Along the Skeletal System In Falls, Energy Is Transmitted Along the Skeletal System
Video: Integumentary Anatomy

For a complete list of videos, visit our video library