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

Author Question: Excise TaxationThe graph shows the effect of imposing an excise tax on the market for Campy ... (Read 195 times)

allihubbard

  • Full Member
  • ***
  • Posts: 169
on: Nov 23, 2022
Excise Taxation

The graph shows the effect of imposing an excise tax on the market for Campy Cereal.

If the tax is $3.75, P1 = $1, P2 = $4.00, P3 = $4.75, Q1 = 62, and Q2 = 167, how much does the government receive in revenue from the tax? Round your final answer to two decimal places.
◦ $626.25
◦ $232.50
◦ $393.75
◦ $46.50
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by allihubbard on Nov 23, 2022

jojomac20

  • Full Member
  • ***
  • Posts: 149
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 42% of students answer this correctly


allihubbard

  • Member
  • Posts: 169
Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

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?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
Climatic cause and effect linkages Climatic cause and effect linkages
The effect of pH on the activity of lysozyme The effect of pH on the activity of lysozyme
The Serial-Position Effect The Serial-Position Effect
The Coriolis Effect The Coriolis Effect
The original Supply and Demand graph The original Supply and Demand graph
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library