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 30 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?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Evaluation of a child for cystic fibrosis with a sweat chloride test. Sweat is being collected under Evaluation of a child for cystic fibrosis with a sweat chloride test. Sweat is being collected under
Effects of Living in Total Darkness on Monoaminergic Systems Effects of Living in Total Darkness on Monoaminergic Systems
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Selected Complications of Total Parenteral Nutrition Selected Complications of Total Parenteral Nutrition
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
Desired Fertility versus Total Fertility Rate in Developing Countries Desired Fertility versus Total Fertility Rate in Developing Countries
Video: Hemodynamics Animation

For a complete list of videos, visit our video library