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 58 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?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Single-dose drug administration: pharmacokinetic values for this drug are as follows: onset of actio Single-dose drug administration: pharmacokinetic values for this drug are as follows: onset of actio
How to solve an exponential problem using a table of values (Question 2) How to solve an exponential problem using a table of values (Question 2)
How to determine if a table of values represents a function How to determine if a table of values represents a function
Producer acquiring energy and nutrients from the environment Producer acquiring energy and nutrients from the environment
Finding the graph of a Parabola using certain values Finding the graph of a Parabola using certain values
Finding the graph of a Parabola using certain values Finding the graph of a Parabola using certain values
Video: T cell receptors

For a complete list of videos, visit our video library