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

Author Question: A consumer values a car at 30,000 and a producer values the same car at 20,000 . If a tax is levied ... (Read 22 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
on: Jul 1, 2018
A consumer values a car at 30,000 and a producer values the same car at 20,000 . If a tax is levied on the seller, what level of tax will result in unconsummated transaction?
 a. 0
 b. 25
  c. 60
  d. 40

Question 2

A consumer values a car at 30,000 and a producer values the same car at 20,000 . What amount of tax will result in unconsummated transaction?
 a. 4,000
 b. 9,000
 c. 15,000
  d. 2,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

miss_1456@hotmail.com

  • Sr. Member
  • ****
  • Posts: 289
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

c


jon_i

  • Hero Member
  • *****
  • Posts: 549
Reply #2 on: Jul 1, 2018
Thank you


miss_1456@hotmail.com

  • Sr. Member
  • ****
  • Posts: 289
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Lab values Lab values
Lab Values Lab Values
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Serum Values for Thyroid Function Tests Serum Values for Thyroid Function Tests
The Dietary Reference Intakes Are Reference Values for Each Nutrient The Dietary Reference Intakes Are Reference Values for Each Nutrient
(a) Graph for converting values to p values. (b) Table of values for selected values of df (a) Graph for converting values to p values. (b) Table of values for selected values of df
Video: Summation - defined, spatial, temporal & AP generation or not

For a complete list of videos, visit our video library