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 36 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?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Everyone has one nostril that is larger than the other.

Lewis symbols,(Figure 1) Lewis symbols,(Figure 1)
Shifts between Warm and Cold Periods during the Last 3 Million Years Shifts between Warm and Cold Periods during the Last 3 Million Years
U.S. Patents and Patents per Million Residents, 2010 U.S. Patents and Patents per Million Residents, 2010
The drum shown in the figure has a radius of 0.40 m and a moment of inertia of 2.3 kg m2about ... The drum shown in the figure has a radius of 0.40 m and a moment of inertia of 2.3 kg m2about ...
Earth 430 Million Years Ago Earth 430 Million Years Ago
Lod Score Values for the Families in Figure 5.15 Lod Score Values for the Families in Figure 5.15
Video: Hormonal regulation of pregnancy - weeks 2 through 38

For a complete list of videos, visit our video library