MC w, S- AC VMP. VMP = value of marginal product, N = employment, and W = wage. The equilibrium %3! wage and employment levels for the monopsonist are: W 3 and N 1 W 1 and N 1 W 2 and N 2 W 1 and N 2

Q: terest accumulated on the principal of a loan ust also be paid. The accumulated interest is known as…

A: The principal(P) is that amount which is borrowed from the bank. Amount(A) to be payed back is the…

Q: 13. Depreciation decreases: * Capital O Cash O Bank O Liabilities

A: In economics, capital is defined as assets which include tools, plants, and equipments. These assets…

Q: How does incorporating the tax benefit of depreciation affect the equilibrium rent a landlord will…

A: The housing market refers to the buying, selling, and renting of residential properties, including…

Q: A restaurant sells juices for R$8.00 and sandwiches for 12.00. The monthly fixed costs with salaries…

A: Price of juice = $8 Price of sandwich = $12  Since whoever buys juice eats a sandwich; Meal(Q) =…

Q: The term used to describe the credit available to a donor to offset the gift tax is called the…

A: The applicable credit amount is a term used in the context of gift and estate taxes in the United…

Q: 21) The diagram below shows supply and demand before (S and D) and after (ST) the government imposes…

A: Tax refers to the sum of money that is charged to the consumer and producers by the government. It…

Q: What is a "debt to income" ratio?

A: The debt- income ratio is the ratio of total debt to the total income. The debt can be personal debt…

Q: Given the following graph, calculate the government tax revenue.

A: The imposition of tax on a product increases the production cost of that product. An increase in the…

Q: 15. Compute the QUALY of a person that has a Q value of 0.7 that decreases by 0.1 points for the…

A: Given: Time period=4 years Discount rate=4%

Q: 11 If accounting were a production system, a journal would be an “output." Group of answer choices…

A: A journal records all financial transactions of a firm or an organization. It records debit and…

Q: Jose buys a motorcycle for 125,000 and plans to keep it for 10 years after which it will be sold for…

A: Cost of motorcycle = 125,000 year = 10 Depreciation = 10,500

Q: Assuming a $6 per unit tax is imposed, what will be the quantity traded?     (a) 4     (b) 8…

A: Whenever the government imposes a tax on a product, the production cost of that product increases.…

Q: Price $20 18 16 14 12 10 4 Der 10 20 30 40 50 60 70 80 90 Quantity The amount of the tax per unit is

A: The amount paid per unit= 14-8 = 6

Q: iscuss various ways to handle property tax reform

A: Tax reform is usually carried out to increase the efficiency of tax administration. To maximise the…

Q: 8. If C= 500 + 0.5Y and I= 400, then equilibrium level of income is: (A) 900. (B) 1,800. (C) 2,500.…

A: Revenue equilibrium level is the point at which a company can sell all planned products. Very…

Q: Based on the illustration what is the dollar amount of the revenues collect by government after the…

A: Government revenue or national revenue refers to the money received by a govt. from taxes as well as…

Q: 2. Under what circumstances should taxpayers itemize deductions? Explain.

A: Definition: An itemized deduction is a cost that can be deducted from changed gross pay (AGI) to…

Q: What is the maximum amount you would pay for an asset that generates an income of $350,000 at the…

A: Opportunity cost of money is the amount of dollars that an individual will forgo by choosing to hold…

Q: PLS HELP ASAP ON BOTH

A: 1. To determine how much Leira's tax payable will be reduced by making a $5,000 contribution to a…

Q: b. Plot the after - tax price paid by consumers and the after - tax price received by sellers.…

A: Market dynamics are economic events that upset the supply-demand balance, causing price and quantity…

Q: firm marimize How its Arofit ?

A: The main motive of every firm is to maximize its profits. Profit is the driving force of any…

Q: The citizens of MicroVille have the following annual incomes: What percentage of total income is…

A: We have given the annual income of 10  citizens of MicroVille The quintile is any of the five equal…

Q: Use the above data to answer the following questions. Total number of persons frictionally…

A: when people leave their old jobs but haven't yet found new ones or currently looking for jobs, are…

Q: Which one of the following represents the presentvalue of the interest tax shield?a. D/ (1 T)b. lc…

A: The present value of the interest tax shield refers to the value today of future tax savings that a…

Q: yoko's Performance Pizza is a small restaurant in San Francisco that sells gluten-free pizzas.…

A: The marginal productivity of labor (MPL) is the additional amount of Pizza gained by hiring one…

Q: As a prospective owner of a club known as the Red Rose, you are interested in determining the volume…

A: BeerSales units =30000Selling price=1.50Variable cost=0.75MealsSales units =10000Selling…

Q: Which tax is paid on individual income from sales of assets? a-sales tax b-excise tax c-estate tax…

A: A tax is a unilateral payment made by the public to the government regarding many factors such as…

Q: (Theories of Regulation) Why do producers have moreinterest in government regulations than consumers…

A: Regulation Theory is a popular sort of Marxist economic theory right now. As a result, regulation…

Q: A company produces circuit boards used to update old-fashioned computer equipment. The taxes cost…

A: [Profit=(Selling Price−Cost per Unit)×Number of Units−Taxes]Given :Selling price per unit (p) = (150…

Q: Households B D Firms In which market do households act as the seller? Product Factor of Production…

A: In the economy, households fulfill the roles of both suppliers and consumers. When households sell,…

Q: Chapter 27 Review 14 Sovell Help Save & Exit Subr Shepherd's Homes is evaluating the lease versus…

A: Detailed explanation:Background ContextShepherd's Homes must decide between purchasing a machine…

Q: What is the removal of a commodity out of the customs zone of Turkey or into free zones in…

A: The following problem has been answered as follows

Q: The graph shows the market for mugs in which the government has imposed a tax of $4 per mug. Draw a…

A: Producer surplus is the aggregate sum that a producer benefits from producing and selling a quantity…

Q: A student of EEE452 developed a new business process that delivers non-emergency medical drugs and…

A: Intellectual property: It is a licensed innovation for a property that incorporates intangible…

Q: 11-The selling price of a product in Oman is higher than the price in Dubai although both products…

A: Effect of the customers buying products from Dubai. Because more of the product is sold in Oman.…

Q: What are the Exclusions from CISG?

A: CISG stands for contracts for the international sale of goods. The CISG governs the contracts for…

Q: In State Z, the sales tax rates vary based on the type of goods sold. For clothing items, the tax…

A: Revenue collection is crucial in economics because it provides the government with a significant…

Q: 12 Discuss the sucesses and fialiures as it describes

A: Introductio     esentation  Worldwide power shifts have brought about a circumstance where the…

Q: (d) Suppose the demand function is p = 20 = x. At what price or output is the revenue maximum? What…

A: The total money earned by the firm by selling certain units of output is the total revenue of the…

Q: Discuss the effects of direct taxes on consumer behavior.

A: Direct tax is the tax that is directly paid to the government by the individual or an organization…

Q: Find the product of the following matrices, if possible. -8 - 1 9 7 -6 4 -7 Select the correct…

A: Since both the matrices are of 2 by 2 dimensions. They can be multiplied. The resulting matrix will…

Q: The PSB is well established accountancy and consultancy firm that has been providing services…

A: Since you have posted a question with multiple subs–parts, we will solve the first three sub-parts…

Q: calculate sum of the residuals

A: We have given five observation. The regression equation Y^=α^+β^X^  ....(1) The residual is…

Q: An individual owns a life insurance policy with an investment in the contract of $75,000 and a cash…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: If the government is to cover childcare costs, how do you explain it to non-parents who don’t want…

A: The objective of this question is to explain the economic rationale behind government covering…

Q: Write 3 difference between direct and indirect tax.

A: # Taxes are classified as direct and indirect tax on basis of who shares the burden of the tax and…

Q: What is the definition of Property tax

A: Taxes are defined as a tax levied by the government on individuals in the economy in exchange for no…

Q: "Industry organization Agri SA has expressed concern about rising input costs in the agricultural…

A: The substitute good is a type of good in economics, which can be used in the place of another good…