If an excise tax is levied on the suppliers of tobacco, will the incidence fall mostly on consumers or mostly on producers? Will there be a large amount or small amount of deadweight loss? Will tax revenue from the tobacco tax fall or rise?
Answers
As the demand for tobacco is inelastic so the consumers are the group who are less responsive to a higher price as an outcome of it the consumers will have to bear the largest share of the tobacco tax.
This inelasticity of demand will lead to only a small decline in the quantity demanded after the tax have been leived , therefore the deadloss weight will be in really small degree. the percentage increase in price of any amount will overcome a smaller decline in the quantity which eventually would lead to a rise in the tax revenue collection.
Inelasticity of demand refers to the degree to which the quantity demanded of a particular good or service changes in response to a change in its price. When demand is inelastic, a change in price will result in a proportionally smaller change in quantity demanded. This is typically the case for goods or services that are considered necessities or have few substitutes available.
For example, if the price of insulin, a life-saving medication for diabetics, increases by 10%, it is unlikely that the quantity demanded will decrease by 10%. People with diabetes require insulin to manage their condition, and there are few substitutes available, so they are willing to pay a higher price to maintain their health.
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Complete Question: -
Suppose the supply of tobacco is elastic and the demand for tobacco is inelastic. If an excise tax is levied on the suppliers of tobacco, will the incidence fall mostly on consumers or mostly on producers? Will there be a large amount or small amount of deadweight loss? Will tax revenue from the tobacco tax fall or rise?
Related Questions
The area of the Mojave desert is 25000 square miles.
A scale drawing of the Mojave desert has an area of 10 square inches.
What is the scale of the map?
I need someone to explain me how to get the answer of this problem. Btw I am in seventh grade
Answers
Based on the area of the Mojave desert and the area of the scale drawing, the scale of the map is 1 square inches : 2,500 square miles.
How to find the scale of a map?The scale of a map is used to find out how the distance on the map relates to the distance on the ground. It is usually shown as a ratio.
The fact that the area of the Mojave desert is 25,000 square miles but only 10 square inches on the scale drawing means that every 10 square inches on the map is equal to 25,000 actual square miles.
The scale is:
10 square inches : 25,000 square miles
In its simplest form, this is:
10 / 10 square inches : 25,000 / 10 square miles
1 square inch : 2,500 square miles
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-126+35
With number line
Answers
Answer:
-161
Step-by-step explanation:
Just applied BODMAS RULE
Determined three ways have a total cost of six dollars each apple cost $1.50 each banana cost $.30 and there’s two more bananas then apples.
Answers
The cost of the apples is 2.9 dollars.
The cost of the bananas is 5.7 dollars.
How to find the number of fruits bought?The total cost is 6 dollars, each apple cost $1.50 each banana cost $.30 and there’s two more bananas then apples.
Therefore,
let
x = number of apples
y = 2x
where
y = number of bananasTherefore, using equations,
1.5(x) + y(0.30) = 6
Hence,
where
y = 2x
1.5(x) + 2x(0.30) = 6
1.5x + 0.6x = 6
2.1x = 6
divide both sides by 2.1
x = 6 / 2.1
x = 2.9 dollars
y = 2(2.9) = 5.7 dollars
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A length is measured as 21 cm correct to 2 significant figures. a) What is the lower bound for the length? b) What is the upper bound for the length?
Answers
The lower bound length is 20.5
The upper bound length is 21.5
[20.5,21.5)
what would you expect to see in a residual plot if the linearity assumption is correct? select all that apply.
Answers
In a residual plot if the linearity assumption is the points are scattered and there is no obvious pattern.
Residual plot:
in statistics, residual value is a measure of how much a regression line vertically misses a data point.
Given,
Here we need to find what would you expect to see in a residual plot if the linearity assumption is correct.
As per the definition of residual plot, there is no obvious pattern for this plot and the positive and negative values are evenly spread across the whole range.
Therefore, in the regression line there are some points are misses the line on the vertical base.
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Which ordered pairs make the open sentence true?
3x+y<14
Select all the correct answers.
(3, 6)
left parenthesis 3 comma 6 right parenthesis
(7, −7)
left parenthesis 7 comma negative 7 right parenthesis
(6, 0)
left parenthesis 6 comma 0 right parenthesis
(−1, 6)
left parenthesis negative 1 comma 6 right parenthesis
(4, −1)
Answers
The ordered pairs which make the open sentence true are:
(-1, 6).(4, -1).What is an inequality?An inequality can be defined as a mathematical relation that compares two (2) or more integers and variables in an algebraic expression based on any of the following arguments:
Less than (<).Greater than (>).Less than or equal to (≤).Greater than or equal to (≥).For this exercise, you should evaluate each of the given expressions to determine which inequalities is true when the ordered pairs are substituted. This ultimately implies that, you would have to substitute the ordered pairs into each of the given algebraic expressions and then evaluate.
When ordered pairs = (3, 6), we have:
3x + y < 14
3(3) + 6 < 14
9 + 6 < 14
15 < 14 (False).
When ordered pairs = (7, -7), we have:
3x + y < 14
3(7) + (-7) < 14
21 - 7 < 14
14 < 14 (False).
When ordered pairs = (6, 0), we have:
3x + y < 14
3(6) + 0 < 14
18 - 0 < 14
18 < 14 (False).
When ordered pairs = (-1, 6), we have:
3x + y < 14
3(-1) + 6 < 14
-3 + 6 < 14
3 < 14 (True).
When ordered pairs = (4, -1), we have:
3x + y < 14
3(4) + (-1) < 14
12 - 1 < 14
11 < 14 (True).
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Charlie asked 60 students in his class what their favorite color was
Answers
Answer:
What?
Step-by-step explanation:
I think you didn't finish the question. Add it again and I'll go check tell me when you've posted another one if you did.
X and y represent positive integers such that 18x+11y= 2020. What is the greatest possible value of x+y
Answers
Answer:
To find the greatest possible value of x + y, we need to maximize the values of x and y such that they are still positive integers and satisfy the given equation 18x + 11y = 2020.
We can start by rearranging the equation to solve for y:
11y = 2020 - 18x
y = (2020 - 18x)/11
For y to be a positive integer, 2020 - 18x must be divisible by 11. We can test values of x starting from x = 1 and increasing by 1 until we find the largest possible value of x that satisfies this condition.
When x = 1, 2020 - 18x = 2002, which is divisible by 11. This gives us a value of y = 182/11, which is not a positive integer.
When x = 2, 2020 - 18x = 1984, which is divisible by 11. This gives us a value of y = 180/11, which is not a positive integer.
When x = 3, 2020 - 18x = 1966, which is divisible by 11. This gives us a value of y = 178/11, which is not a positive integer.
When x = 4, 2020 - 18x = 1948, which is divisible by 11. This gives us a value of y = 176/11, which is not a positive integer.
When x = 5, 2020 - 18x = 1930, which is divisible by 11. This gives us a value of y = 174/11, which is not a positive integer.
When x = 6, 2020 - 18x = 1912, which is divisible by 11. This gives us a value of y = 172/11, which is not a positive integer.
When x = 7, 2020 - 18x = 1894, which is divisible by 11. This gives us a value of y = 170/11, which is not a positive integer.
When x = 8, 2020 - 18x = 1876, which is divisible by 11. This gives us a value of y = 168/11, which is not a positive integer.
When x = 9, 2020 - 18x = 1858, which is divisible by 11. This gives us a value of y = 166/11, which is not a positive integer.
When x = 10, 2020 - 18x = 1840, which is divisible by 11. This gives us a value of y = 164/11, which is not a positive integer.
When x = 11, 2020 - 18x = 1822, which is divisible by 11. This gives us a value of y = 162/11, which is not a positive integer.
When x = 12, 2020 - 18x = 1804, which is divisible by 11. This gives us a value of y = 160/11, which is not a positive integer.
When x = 13, 2020 - 18x = 1786, which is divisible by 11. This gives us a value of y = 158/11, which is not a positive integer.
When x = 14, 2020 - 18x = 1768, which is divisible by 11. This gives us a value of y = 156/11, which is not a positive integer.
When x = 15, 2020 - 18x = 1750, which is divisible by 11. This gives us a value of y = 154/11, which is not a positive integer.
When x = 16, 2020 - 18x = 1732, which is divisible by 11. This gives us a value of y = 152/11, which is not a positive integer.
When x = 17, 2020 - 18x = 1714, which is divisible by 11. This gives us a value of y = 150/11, which is not a positive integer.
When x = 18, 2020 - 18x = 1696, which is divisible by 11. This gives us a value of y = 148/11, which is not a positive integer.
When x = 19, 2020 - 18x = 1678, which is divisible by 11. This gives us a value of y = 146/11, which is not a positive integer.
When x = 20, 2020 - 18x = 1660, which is divisible by 11. This gives us a value of y = 144
Can somebody help me ?
Answers
Answer:
N because it is in the center of k h and I
Answer:
m∠KHI=105°
Step-by-step explanation:
m∠EHG = 105°
∴m∠KHI = 105°(vertically opposite angles)
hope it helps you!
How do you find radius with endpoint and radius?
Answers
The formula is d = √((x2 - x1)2 + (y2 - y1)2), where d is the distance, x1 and y1 are the coordinates of the first endpoint, and x2 and y2 are the coordinates of the second endpoint. The distance can then be divided by 2 to find the radius of the circle.
To find the radius of a circle given two endpoints, you will need to use the distance formula. The distance formula is used to calculate the length of a line segment between two points, which can then be used to calculate the radius of a circle. The formula is: d = √((x2 - x1)2 + (y2 - y1)2), where d is the distance, x1 and y1 are the coordinates of the first endpoint, and x2 and y2 are the coordinates of the second endpoint. Once you have calculated the distance, you can divide it by 2 to find the radius of the circle.
The distance formula can be used to calculate the radius of a circle given two endpoints. The formula is d = √((x2 - x1)2 + (y2 - y1)2), where d is the distance, x1 and y1 are the coordinates of the first endpoint, and x2 and y2 are the coordinates of the second endpoint. The distance can then be divided by 2 to find the radius of the circle.
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If the residual sum of squares (SSR) in a regression analysis is 66 and the explained sum of squares (SSE) is equal to 34, what is the value of the R2
Answers
In regression analysis, the total sum of squares (SST) is calculated as the sum of squares for regression (SSR) and sum of squares for error (SSE). The value of R² is 0.66.
The total sum of squares (SST) is the variation that can be accounted for in a model. R-squared (R²) is used to indicate how much variation in the response variable is explained by the regression model.
A formula for R² is provided below.\(R² = SSR/SST\)
On the other hand, if the residual sum of squares (SSR) in a regression analysis is 66 and the explained sum of squares (SSE) is equal to 34, the total sum of squares (SST) can be calculated as:
SST = SSR + SSE
= 66 + 34
= 100R² can be calculated by using the equation provided below.
R² = SSR/SST
= 66/100
= 0.66
Therefore, the value of R² is 0.66.
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Giving away 40 points
Answers
RECIPE;
24 ML OIL60 G ONIONS0.36 KG POTATOES0.4 L MILKStep-by-step explanation:
96/4=24240/4=601.44/4=1.6/4=Answer: 24 ML OIL
60 G ONIONS
0.36 KG POTATOES
0.4 L MILK
Step-by-step explanation:
A scale drawing of a room is shown below. In the drawing, the room is 7 1/2 inches long and 5 inches wide. What is the actual area of the room? Please help
Answers
Answer:
The area of the room is 37.5 square inches.
Step-by-step explanation:
Consider that the room is rectangular in shape.
The dimensions of the rooms are:
Length (l) = 7.5 inches
Breadth (b) = 5 inches
The area of a rectangle is:
Area = l × b
Compute the area of the room as follows:
Area = l × b
\(=7.5\times 5\\=37.5\)
Thus, the area of the room is 37.5 square inches.
Figure 1 was
with a scale factor of
with the center at the origin
It was then
6 units
and 5 units
to produce
Figure 2.
Figures 1 and 2 are
because Figure 1 was
Answers
Huh? what do you mean
Yolanda wanted to see if there was a connection between red hair and green eyes. she observed people walking past her on the street and noted their hair and eye color. red hair green eyes: 18 eye color other than green: 29 hair color other than red green eyes: 114 eye color other than green: 650 consider the relative frequency table. a 4-column table with 3 rows. the first column has no label with entries red hair, other hair color, total. the second column is labeled green eyes with entries blank, x, blank. the third column is labeled other eye color with entries blank, blank, blank. the fourth column is labeled total with entries blank, blank, 100%. to the nearest whole percent, what is the value of x in the table? x = 14% x = 15% x = 16% x = 18%
Answers
Answer:
the answe is X= 14/ A :)
explanation: I took the exam review good luck!
Answer:
It is A
Step-by-step explanation:
edge 2022
I think I have the answer, but it keeps saying I'm incorrect.
Answers
Answer:
B.
D.
Step-by-step explanation:
B is actually 141, not 14.1
(204 plus 98) is more than 250.7
This means that multiplying it by 8.3 would not even make it near 250.7
It would actually be 2506.6
Answer: Your answers are B and D.
A bolt manufacturer is very concerned about the consistency with which his machines produce bolts. The bolts should be 0.2 centimeters in diameter. The variance of the bolts should be 0.025. A random sample of 15 bolts has an average diameter of 0.21 cm with a standard deviation of 0.1587. Can the manufacturer conclude that the bolts vary by more than the required variance at α=0.01 level? Step 1 of 5: State the hypotheses in terms of the standard deviation. Round the standard deviation to four decimal places when necessary. A bolt manufacturer is very concerned about the consistency with which his machines produce bolts. The bolts should be 0.2 centimeters in diameter. The variance of the bolts should be 0.025. A random sample of 15 bolts has an average diameter of 0.21 cm with a standard deviation of 0.1587. Can the manufacturer conclude that the bolts vary by more than the required variance at α=0.01 level? Step 2 of 5: Determine the critical value(s) of the test statistic. If the test is twotailed, separate the values with a comma. Round your answer to three decimal places. A bolt manufacturer is very concerned about the consistency with which his machines produce boits. The bolts should be 0.2 centimeters in diameter. The variance of the boits should be 0.025. A random sample of 15 bolts has an average diameter of 0.21 cm with a standard deviation of 0.1587. Can the manufacturer conclude that the bolts vary by more than the required variance at α=0.01 level?
Answers
To determine if the bolts vary by more than the required variance, we can conduct a hypothesis test. The null hypothesis (H₀) states that the variance of the bolts is equal to or less than the required variance (σ² ≤ 0.025), while the alternative hypothesis (H₁) states that the variance is greater than the required variance (σ² > 0.025).
Next, we need to determine the critical value(s) of the test statistic. Since we are testing for variance, we will use the chi-square distribution. For a one-tailed test with α = 0.01 and 14 degrees of freedom (n-1), the critical value is 27.488.
Now, we can compare the test statistic to the critical value. The test statistic is calculated as (n-1) * s² / σ², where n is the sample size (15), s² is the sample variance (0.1587²), and σ² is the required variance (0.025).
If the test statistic is greater than the critical value, we reject the null hypothesis and conclude that the bolts vary by more than the required variance. Otherwise, we fail to reject the null hypothesis.
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To determine if the bolts vary by more than the required variance, we can conduct a hypothesis test. The null hypothesis (H₀) states that the variance of the bolts is equal to or less than the required variance (σ² ≤ 0.025), while the alternative hypothesis (H₁) states that the variance is greater than the required variance (σ² > 0.025).
Next, we need to determine the critical value(s) of the test statistic. Since we are testing for variance, we will use the chi-square distribution. For a one-tailed test with α = 0.01 and 14 degrees of freedom (n-1), the critical value is 27.488.
Now, we can compare the test statistic to the critical value. The test statistic is calculated as (n-1) * s² / σ², where n is the sample size (15), s² is the sample variance (0.1587²), and σ² is the required variance (0.025).
If the test statistic is greater than the critical value, we reject the null hypothesis and conclude that the bolts vary by more than the required variance. Otherwise, we fail to reject the null hypothesis.
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find two nontrivial functions f(x) and g(x) so f(g(x))=6/(x+8)^5
Answers
Answer:
Let f(x) = 6/x^5
Let g(x) = x+8
Step-by-step explanation:
When we work on these composite functions, this "nesting" of functions, instead of putting a number in place of x, we put a whole entire other function in place of x.
So if g(x) = x + 8
and f(x) = 6/x^5
in f(g(x)) we put the whole entire x+8 into f(x) to get
6/(x+8)^5
How many bit strings of length 10 have: The same number of 0s as 1s = ?
Answers
The number of bit strings of length 10 with the same number of 0s as 1s is 252.
To understand why, let's break down the problem step by step.
Calculate the total number of possible bit strings of length 10.
Each bit in a string can either be 0 or 1, so for a string of length 10, we have 2 options for each bit. Therefore, the total number of possible bit strings is 2^10 = 1024.
Calculate the number of bit strings with an equal number of 0s and 1s.
For a bit string to have the same number of 0s as 1s, we need to choose 5 positions for the 0s out of the 10 positions available. Once we've chosen the positions for the 0s, the positions for the 1s are automatically determined.
The number of ways to choose 5 positions out of 10 is given by the binomial coefficient "10 choose 5," which can be calculated as C(10, 5) = 252.
Therefore, the main answer is that there are 252 bit strings of length 10 that have the same number of 0s as 1s.
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Write and solve an equation to answer the question. 9 is 12% of what number?
Answers
0,12 x x = 9
x = 9/0.12
x = 75
9 is 12% of 75
Highschool Multi-Step Equations
Answers
Answer:
y=-3
Step-by-step explanation:
I hope this works
The mean of 4 numbers is 32. If three of the numbers are 15, 21, and 75, what is the value of the fourth number?
Answers
then the numbers add to 32x4 which is 128
128-15-21-75=17
fourth number is 17
Three integers have a mean of 10, a median of 14 and a range of 12.
Find the three integers.
Answers
b is 14 as it is in the middle
c - a = 12 so c = a + 12
(a + b + c)/3 = 10
a + b + c = 30
a + 14 + (a + 12) = 30
2a + 26 = 30
2a = 30 - 26 = 4
a = 2
c = 2 + 12 = 14
So the three numbers are 2, 14 and 14
PLS help guys dont do it for the points and you have to find the sum
Answers
Answer:
12/15 or 4/5
Step-by-step explanation:
4+1+7=12
All three fractions have common denominator which is 15
Answer:Exact Form 4/5
Decimal form: 0.8
or it is 8/10, 12/15, 16,20, 20/25 and 24/30
which of the following basic functions is equivalent to the piecewise-defined function f(x)= x if x≥0 −x if x<0 ? question content area bottom part 1 a. f(x)= 1 x b. f(x)=x c. f(x)=x2 d.
Answers
The basic function equivalent to the piecewise-defined function f(x) = x if x ≥ 0 and -x if x < 0 is f(x) = |x|, which represents the absolute value of x.
The given piecewise-defined function f(x) has different expressions for different intervals. For x greater than or equal to zero, f(x) takes the value of x. For x less than zero, f(x) is equal to -x. We need to find a basic function that captures this behavior.
Among the options provided, f(x) = |x| is equivalent to the given piecewise function. The absolute value function, denoted by |x|, returns the positive value of x regardless of its sign. When x is non-negative, |x| equals x, and when x is negative, |x| is equal to -x, mirroring the conditions of the piecewise-defined function.
The function f(x) = |x| represents the absolute value of x and matches the behavior of the given piecewise-defined function, making it the equivalent basic function.
In summary, the basic function equivalent to the piecewise-defined function f(x) = x if x ≥ 0 and -x if x < 0 is f(x) = |x|, which represents the absolute value of x.
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40 ahletes are surveyed it is found that 30 athletes play tennis and 10 play gold 5 play both. what is the probability an athlete plays golf or tennis but not both?
Answers
The probability an athlete plays golf or tennis but not both = 0.75
Probability:The ratio of favorable outcomes to all possible outcomes of an event is known as probability.
The formula to calculate the probability of an event is given by
Probability(E) = Favorable Outcomes/Total Outcomes
Here we have 40 athletes,
Number of athletes who plays both tennis and golf = 5
Number of athletes who plays tennis = 30
=> Number of athletes who plays only tennis = 30 - 5 = 25
Number of athletes who plays golf = 10
Number of athletes who plays only golf = 10 - 5 = 5
From the above calculations,
Number of athletes who plays tennis or golf but not both = 25 + 5 = 30
Probability that athletes play golf or tennis but not both = 30/40 = 0.75
Therefore,
The probability an athlete plays golf or tennis but not both = 0.75
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What is 0.18 divided by 7.56 plzz help me and the others ones to
Answers
Answer:
0.023
Step-by-step explanation:
Using GEMS : groupings, exponents,
multiply/divide, subtract/add - answer
the following:
2² +(5-4) x 3
Help
Answers
Answer:
7
Step-by-step explanation:
1) Simplify 5 - 4 to 1.
2² + 1 × 3
2) Simplify 2² to 4.
4 + 1 × 3
3) Simplify 1 × 3 to 3.
4 + 3
4) Simplify.
7what times itself equal 53.38
Answers
10) y-5=-5/3(x+3)
A) x-2y = 2
C) 3x - 2y=0
B) 5x + 3y - 0
D) 3x +2y=0
Answers
Answer:
A
Step-by-step explanation: