Which of the following is an example of an exemption?

Q: discuss double taxation that is good for 2 minutes.

A:

Q: in other countries, such as Australia, drought has reduced crop yields .which then raises market…

A: Agriculture is one of the major economic activities in rural areas for which water is necessary for…

Q: There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar…

A: With the existence of a transaction cost of $90 which has to be split between the two that is $45…

Q: There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar…

A: The correct answer to the above-mentioned question is (D).

Q: There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar…

A: The correct answer to the above-mentioned question is (C).

Q: Churches have been considered a lucrative business in the country. Do agree with the idea that…

A: Churches benefit from a range of legal advantages as nonprofit "religious companies" under Section…

Q: All of the following are sources of inefficiency except: a. public goods. b. the invisible hand. c.…

A: Hi, according to our guidelines we are allowed to answer only one question in a single session. So I…

Q: If you’ve ever travelled to another country, such asGermany, you may have noticed that the price on…

A: A tax on consumption is placed on a product whenever value is added at each level of the supply…

Q: A government is considering imposing a tax on a market: in Market 1 the tax would have a significant…

A: Correct: Market 1

Q: 2. After tax, Dave will choose to work hours. 3. The tax rate on income is %. and Dave will pay $ in…

A: Two budget line shown in the graph the higher budget line shows the maximum wage David could earn…

Q: S8.Compute:(a) Market Gains (MG) before and after the tax;(b) Governmental Revenue (GR);(c) Economic…

A: deadweight loss is a cost to society created by market inefficiency, which occurs when supply and…

Q: Price (dollars per tire) S+ tax 70 60 50 40 30 20 10 10 20 30 40 50 60 70 Quantity (millions of…

A: In the diagram we see that before the imposition of the tax, equilibrium price was $50 per tire.…

Q: (a) Draw the supply and demand curves for bread. (b) If the government imposes an extra tax on…

A: Demand is termed as the quantity of goods and services that a consumer is willing and able to…

Q: The graph shows the market for posters in which the government has imposed a tax of $2 per poster.…

A: The following graph shows the demand curve, supply curve and the shift of the supply curve…

Q: I need help woth all parts of number 5

A: a.The tax imposes on the tourists who reside in any one of the hotel rooms of the M economy. This…

Q: A) the government bears most of the incidence of a tax on gasoline. O B) sellers bear most of the…

A: The industry is an important economic part that gives a closely related set of natural resources,…

Q: Suppose a $1 tax is imposed on cigarette manufacturers, which of the following will occur? Group of…

A: Tax Incidence:- A tax incidence is a situation whenever the tax burden is shared by market…

Q: The diagram below shows the effect of a tax as measured by the "wedge" J-K Price 100- 90 80 70 60 50…

A: With the introduction of tax the price paid by consumer increases whereas the price received by the…

Q: Case II: Attached is a graph diagram depicting the market for soft drinks. If an excise tax equal to…

A: Due to the imposition of excise tax of $1, the supply curve shifts upwards to S+Tax . The graph will…

Q: Price Pa P₁ P₂ A B D F -Tax C E D 0 82 Q₁ Quantity Refer to Figure 8-5. What is the price sellers…

A: The money paid by the consumers and producers of an economy to the government is referred to as as…

Q: There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar…

A: The correct answer to the above-mentioned question is (C).

Q: Congress and the president decide that the United States should reduce air pollution by reducing its…

A: The decision made by congress and president of the United States to reduce air pollution by taxing…

Q: Why does the government ass excise taxes to certain products?

A: In a market, government intervenes in different ways by providing subsidies or imposing taxes.

Q: If the government places a tax of $500 on luxury cars, what happens in the market? Please assume…

A: Demand refers to the quantity that a consumer wishes to purchase at a given price in a given period…

Q: When airfares between Santa Rosa and Los Angeles averages $69, the quantity consumed is 42,500…

A: Dear student, you have asked multiple sub-part questions in a single post and have not mentioned…

Q: 16 The market demand for good x is y(d)-a-2bp, and the market supply is y(s)-ep, the government…

A:

Q: The demand for gasoline is P= 4-0.002Q and the supply is P= 0.4 + 0.004Q, where Pis in dollars and…

A: Given values: Demand, P = 4 - 0.002QSupply, P = 0.4 + 0.004QTax = $0.8 / gallon

Q: Draw the supply and demand curves for cookies, If the government . poses a tax on cookies. show what…

A: The equilibrium price and equilibrium quantity of a good sold in the market are determined by the…

Q: Which of the following statements about corrective taxes is generally not true? a) Economists…

A: When a commercial activity produces negative externalities, a corrective tax is imposed. The tax is…

Q: of the tax, and producers will pay $ Price of kateboards n thousands) $220 200 180 160 140 120 100…

A: Answer Initial equilibrium arises where demand and supply are equal: Equilibrium price= 120 (in…

Q: Suppose the government wants to maximize tax revenue. Some policymakers suggest taxing cigarettes,…

A: Tax revenue is the product of the tax amount and the quantity of the good consumed. The tax creates…

Q: benefits of subsidies

A: A subsidy is an incentive given by the government to individuals or businesses in the form of cash,…

Q: Price (dollars per pie) 5 4 2 2 4 5 6 Quantity (thousands of pies per week) The demand for apple…

A: Demand is perfectly elastic when a small change in price can cause an infinite change in quantity…

Q: There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar…

A: Since the property rights are with the tenants, the bar owners will compensate the tenants for the…

Q: A farmer produces three types of crops A, B and C on his land. A covers 50% of the land, B 30 % and…

A: In this situation, a farmer produces three types of crops A, B and C on his land. A covers 50% of…

Q: Price (P) 5z (after tax) S, (before tax) Тах $35 $30 $25 $20 90 100 Quantity (Q) The diagram above…

A: The equilibrium price was at point where S1 is equal to D  = 25 $. With tax, the supply curve shift…

Q: A pollution tax: A increases the price of the good taxed. B decreases the price of the good taxed. C…

A: The pollution is a process in which the clean atmosphere is made unclear with the addition of the…

Q: The equilibrium price of peaches is $3.00 per pound before taxes. Then the government decides to…

A: Tax burden on consumers=Amount consumers pay after tax-Amount consumers pay before tax Tax burden on…

Q: Taxes or cost increases are not always paid where they are laid. how to use examples to explain the…

A: Yes, it is true that taxes are not always paid where they are laid as the burden of tax depends on…

Q: Suppose before a tax is created, the market price is $10.66 and the quantity is 120.  Now suppose a…

A: Taxes refer to the involuntary fees that are levied by a central or state governing authority…