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 8 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?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

(A) Figure illustrating the location and appearance of a peptic ulcer in both the stomach and the du (A) Figure illustrating the location and appearance of a peptic ulcer in both the stomach and the du
Apply scissoring between metatarsals and figure-8s on toe joints to mobilize the foot. Apply scissoring between metatarsals and figure-8s on toe joints to mobilize the foot.
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
What is the total resistance of the circuit in Figure 1? 150 What is the total resistance of the circuit in Figure 1? 150
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
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. ...
Video: Energy sources - types

For a complete list of videos, visit our video library