When airbnb customers in malibu start paying hotel taxes, this will have the potential to raise the equilibrium price in this market and, therefore, decrease efficiency. this would have a tendency to decrease producer surplus and decrease deadweight loss. decrease consumer surplus and increase deadweight loss. maximize consumer surplus and minimize producer surplus. increase consumer surplus and increase producer surplus?

When airbnb customers in malibu start paying hotel taxes, this will have the potential to raise the equilibrium price in this market and, therefore, decrease efficiency.   The equilibrium price refers to the market price when the quantity of goods and services supplied is equal to the demand of the goods and services. If equilibrium price rises, efficiency decreases due to the market not being equal with the supply and demand of items.

Value of investment after 15 years will be $159,405.62

(or) $159,405 (rounded off)

Explanation:

value of retirement account after 15 years

Given information's are

His monthly savings = $500

Interest rate = 7%

Period = 15 years

Value of investment = ((P×(1+i)^n) + P),

where P is the principal,

i is the annual interest rate, and

n is the number of periods

Total investment = $500×12×15 = 90,000

Interest earned

= ((P×(1+i)^n) + P) = (6000 × (1-0.07)15) - 6000) = $69,405.62

Value of investment = (6000 × (1-0.07)15) + 6000) = $159,405.62