--%>

Problem regarding supplies-demands and taxes

The new supply and demand curves within University City are S0 and D0. But after the county commission imposed a $3 per six-pack excise tax upon beer: (1) demand fell to D1 from the perspectives of beer dealers. (2) consumer spending upon beer declined from $80,000 per month to $65.000 per month. (3) supply fell to S1 from the perspectives of beer customers. (4) county tax revenues from beer sales were $30,000 per month. (5) All of the above.

975_example of Market Equilibrium.png

Can someone explain/help me with best solution about problem of economic...

   Related Questions in Business Economics

  • Q : Introduction of the term Cost of equity

    Give a brief introduction of the term Cost of equity shares?

  • Q : Limitation of building blocks for a

    Building blocks for a capitalist system would not consist of: (1) supplies and demands. (2) private property rights. (3) laissez-faire policies. (4) market-found prices and outputs. (5) distribution of income in accord along with the principle, &ldquo

  • Q : Divergences arise between equilibrium

    What divergences arise between equilibrium and an efficient output when spillover costs? How might government correct this divergence?

  • Q : Limitations of activities to generate

    Illustrations of activities which generate negative externalities would not comprise: (w) burning coal that results in acid rain. (x) smoking a cigar at the opera. (y) killing fish by dumping sewage into a river. (z) being inoculated against a contagi

  • Q : Production possibility frontier

    Question: Scenario: You have been hired as the economics adviser for the newly elected State Premier. On your first day, the Premier introduces you to the new Minister for Health

  • Q : Illustrations of opportunity costs

    Illustrations of opportunity costs which you might or will have incurred would comprise: (i) severe injuries suffered within an accident since you failed to buckle up. (ii) the income you could earn when you were not in school. (iii) time spent studyi

  • Q : Elucidate the overview of Business Cycle

    Elucidate the overview of Business Cycle?

  • Q : Why Public or social goods not be

    Why Public or social goods not be produced through the market?

  • Q : Entrepreneurs and business are at the

    Explain the statements: Entrepreneurs and business are at the helm of the economy.

  • Q : Local expenditures and receipts for all

    Elucidate the Local expenditures and receipts for all local governmental units in 1996?