This topic contains a solution. Click here to go to the answer

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 46 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
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
Answer to Question 1

c

Answer to Question 2

c





 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

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?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

The FDA recognizes 118 routes of administration.

For a complete list of videos, visit our video library