$400 $200 $0 0 1,000 2,000 3,000 4,000 Quantity of Used Guns Price of Used Guns $1,400 $1,200 $1,000 $800 $600 9,000 10,000 11,000 12,000 13,000 14,000 $2,200 Private Sector Demand Private Sector Supply $2,000 $1,800 $1,600 Consider the file named Gun Buyback Proposals. Currently, the equilibrium price of this type of guns in the second-hand market is 1200.00 dollars and equilibrium quantity is 6000.00 units. The government offers to buy these guns at the fixed price of $800 each. As a result 4000.00 guns will be sold in the market. Of this amount, 1000.00 will be purchased by the private sector and the remaining 3000.00 units by the government. Moreover, the government must pay a total of 3200000.00 the number of zeros). dollars to buy these guns (Be careful about

A: Present worth is present value or value for now which is calculated after wear and tear,depreciation…

A: The word debit is derived from an Italian word Debito. A debit is a record regarding money when…

A: Kerri's housing costs (rent + mortgage) are 28% of her income, which is above the recommended 25%.…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

A: The marginal cost refers to the change in the total cost when worker works for additional one hour.…

A: A cryptocurrency has the following characteristics. Digital currency: Cryptocurrency is a digital…

A: In virtually every sector, new technology is transforming the face of business-from banking to food…

A:

A: The data presented in the question above is:- Income = $3200 Average propensity to save = 0.48…

A: A credit card is a plastic card issued by a financial institution, typically a bank, that allows the…

A: TVM refers to the concept that a sum of money is value more now than the same sum will be at a…

A: The workforce is the work pool in employment. It is frequently used to depict those working for a…

A: a person who gives money to the owner of a room, flat, house, or piece of property in order to…

A: Personal property is a type of property that consists of any property except real estate. It's also…

A: There are many sub-parts of the question. As per honor code, we can only provide solution of first…

A: Dear student, I have meticulously addressed your request with a detailed and comprehensive response…

A: Date Open High Low Close Volume 3-Mar-16 64.31 66.46 63.27 65.28 9682956 4-Mar-16 63.71 65.79…