![milkshakegrande101](/avatars/36283.jpg)
milkshakegrande101
01.04.2020 •
Business
Suppose the government imposes a 20-cent tax on the sellers of artificially-sweetened beverages. The tax would shift
Solved
Show answers
More tips
- F Food and Cooking Discover Delicious Recipes You Can Make with Ground Meat...
- C Computers and Internet Google Search Tips and Tricks: Everything You Need to Know...
- S Science and Technology Why is there no gravity on other planets?...
- L Leisure and Entertainment How to Properly Wind Fishing Line onto a Reel?...
- L Leisure and Entertainment How to Make a Paper Boat in Simple Steps...
- T Travel and tourism Maldives Adventures: What is the Best Season to Visit the Luxurious Beaches?...
- H Health and Medicine Kinesiology: What is it and How Does it Work?...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
Answers on questions: Business
- S SAT Which expression is a perfect cube? mc005-1. Jpg mc005-2. Jpg mc005-3. Jpg mc005-4. Jpg....
- M Mathematics Douglas had a balance of -$51.75 in his checking account. After depositing his graduation money, he now has a balance of $150.75. The overall change in his account...
- M Mathematics Is it true that polygons are closed shapes with straight sides?TRUE OR FALSE?...
Ответ:
The 20-cent tax would shift the demand curve to the left and the supply curve to increase the equilibrium price but the quantity demanded low as the price has been increased due to increased tax which is now included in the cost of the product. Since the product is not an inelastic product, the increase in the price would lead to the reduction in quantity demanded by the people as they would switch towards substitutes or could just simply reduce their consumption towards the artificially sweetened beverages.
Hope this clear things up.
Good luck and cheers.
Ответ:
A. 20%
B.$4,000000
C. 62,500
D. $6,500,000
E $1,500,000
Explanation: