Excise tax is levied on the buyers of a good

Assignment Help Business Economics

Reference no: EM131387680

Suppose the demand for a product is given by P= 30 - 3Q. Also, the supply is given by P= 10 + Q. If a $4 per unit excise tax is levied on the buyers of a good, after the tax, the total amount of tax paid by the producers is.

Reference no: EM131387680

Questions Cloud

State the effect of each of given assignments : Boito sells his theater to Edmund and assigns his contract with Euphonia to Edmund. State the effect of each of these assignments.

Average annual growth rate of dividends : A firms dividends have grown over the last several years. 3 years ago the firm paid a dividend of $2. Yesterday it paid a dividend of $6. What was the average annual growth rate of dividends for this firm?

What is the present value : What is the present value of the following annuity? $4,618 every year at the end of the year for the next 6 years, discounted back to the present at 4.96 percent per year, compounded annually?

Write minimum sum-of-products and product-of-sums equations : Complete the following minterm/maxterm equations, and then write minimum Sum-of-Products (SOP) and Product-of-Sums (POS) equations for the logic system shown in the truth table.

Excise tax is levied on the buyers of a good : Suppose the demand for a product is given by P= 30 - 3Q. Also, the supply is given by P= 10 + Q. If a $4 per unit excise tax is levied on the buyers of a good, after the tax, the total amount of tax paid by the producers is.

Nuremberg trails impact research with human subjects : How did the Nuremberg Trails impact research with human subjects? How did the NUREMBERG TRAILS impact and influence human studies and using human subjects in research?

Briefly discuss the main points and evidence : Discussion - Evaluate the assigned readings. Be sure to include the following: Briefly discuss the main points and evidence presented from each article. What conclusions did the author's reach in their respective articles

What is the present value of the annuity : What is the present value of the following annuity? $3,401 every half year at the end of the period for the next 9 years, discounted back to the present at 12.92 percent per year, compounded semi- annually.

Draw a schematic using logic gates : Is it possible to write a state diagram with a small number of states to describe the behavior of this finite state machine? Does your state diagram need to track all possible sequences of 9 bits?

User Account

All Pages