To raise money for a new student union, the Student Snack Bar charges a tax of $0.75
on each beverage. In the graph, the original demand curve for beverages is labeled "Demand" and the shifted demand curve, which accounts for the tax, is labeled "Shifted Demand." Use this graph to answer the questions. Answer to the nearest cent.

To Raise Money For A New Student Union, The Student Snack Bar Charges A Tax Of $0.75 On Each Beverage.

Answers

Answer 1

1. The Student Snack Bar pays $0.50 per beverage of the tax.

2. The students pay $0.25 per beverage of the tax.

Data and Calculations based on the graph:

The total cost/revenue of beverage purchased after the tax = $1,000 (500 x $2.00)

The total cost/revenue of beverage purchased before tax = $1,225 (700 x $1.75)

The price per beverage before $0.75 tax = $1.75

The price per beverage after $0.75 tax = $2.00

Students pay additional $0.25 (tax) per beverage ($2.00 - $1.75)

The Student Snack Bar pays $0.50 (tax) per beverage ($1.75 - $1.25) because its revenue per beverage reduces from $1.75 to $1.25 ($2.00 - $0.75).

Thus, the students suffer an increase of 14.3% ($0.25/$1.75 x 100) while the Student Snack Bar loses 28.6% ($0.50/$1.75 x 100) in revenue because of the tax.

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Related Questions

please help me 5 significant artifacts of Mexican southwestern culture from the 19th century

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Answer:

Explanation:

At many Pueblo III cliff dwellings, archaeologists have found fragile artifacts that don't usually survive in less-protected sites. These items include sandals and baskets made of yucca, mats made of reeds, and blankets made of rabbit fur or turkey feathers.

How is a market basket used to measure the price level?

Answers

Answer: Once you have picked a basket of goods, you can keep track of how much it cost to buy that particular basket over time. To see if it is increasing or decreasing.

Have a good day :)

Answer:

The total value of an item in the market basket makes up the price level

Explanation:

Hope this helps.

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Answer:

Explanation:

Simple machines are useful because they reduce effort or extend the ability of people to perform tasks beyondtheir normal capabilities. Simple machines that are widely used includethe wheel and axle, pulley, inclined plane, screw, wedge and lever.

The phase of the business cycle with the highest level of GDP and the lowest unemployment rate is called ..
a) peak
b) expansion
c) contraction
a) through

Answers

I think “A” but I’m not sure if I’m right let me know

The phase of the business cycle with the highest level of GDP and the lowest unemployment rate is called peak. Thus option (A) is correct.

What is business cycle?

The business cycle refers to the fluctuations in economic activity that occur over time in a market economy. It is characterized by alternating periods of expansion (growth) and contraction (recession) in the level of economic output, employment, and income.

The business cycle is influenced by a variety of factors, including changes in consumer and business confidence, government policy, interest rates, and global economic conditions.

Understanding the business cycle is important for policymakers, investors, and businesses in order to make informed decisions about their strategies and investments.

The peak is the phase of the business cycle with the highest level of GDP and the lowest unemployment rate. Therefore, option (A) is correct.

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Freedom to organize for a political purpose is protected by which democratic political process?

Answers

The freedom to organize for a political purpose is protected by the First Amendment to the United States Constitution, which guarantees the right to freedom of speech, assembly, and petition.

What is the  First Amendment to the United States Constitution about?

The Constitution of the United States, First Amendment. The United States Bill of Rights, which includes the First Amendment to the Constitution, safeguards the right to petition as well as the freedoms of speech, assembly, and religion.

Hence, no law establishing a particular religion, forbidding its practice, restricting press or speech freedom, or restricting the right of the people to peacefully assemble and petition the government for redress of grievances may be passed by Congress.

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Answer:

E.) Freedom of expression

Explanation:

I just took the test

Which factor is most important to consider when determining whether a country is a presidential or a parliamentary democracy?
A.
the level of personal freedom enjoyed by citizens

B.
the level of government control over the economy

C.
the relationship between the national and local governments

D.
the relationship between the executive and legislative branches

Answers

Answer:

B

Explanation:

you always have to look at the level of government in any economy.

magbigay ng limang dahilan kung bakit sinusunod parin ng mga asyano iba't-ibang turo ng mga sinaunang kaisipan at relihiyon maging hanggang sa kasalukuyan​

Answers

Answer:

1.dahil ito ang kanilang nakagisnan

2.dahil galing ito sa pinuno

how appropriate are the aids to the presentation​

Answers

Answer:

can u see my answer? pls tell me

Answer:

Explanation:

Presentation aids can fulfill several functions: they can serve to improve your audience's understanding of the information you are conveying, enhance audience memory and retention of the message, add variety and interest to your speech, and enhance your credibility as a speaker. Let's examine each of these functions.

Name three transforming events leading up to the middle age Europe

Answers

Answer:

The Fall of Western Roman Empire (476 AD)

Charles the Hammer and the Battle of Tours (732 AD)

Charlemagne, the Emperor of Romans (800 AD)

these all help lead to middle aged europe.

which mineral is found in Karnataka and Goa​

Answers

Answer:

"hematite"

Explanation:

Deposits are located in well defined belts in the States of Goa and Karnataka

Answer:

hematite

maybe in my knowledge

what is legislature?,mention the composition process of federal parliament in our country.​

Answers

Answer:

A legislature is an assembly with the authority to make laws for a political entity such as a country or city.

Explanation:

नेपालमा वन विनाशका कारणहरु ​

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ईन्धन काठ र चाराको अत्यधिक फसल, ज fire्गलमा आगो, लपिंग र चरन, स्ल्याश र जलेको खेती, र काठको उत्खनन सामान्यतया वन फँडानी र वन क्षतिको लागि जिम्मेवार मानिन्छl

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Answers

Answer:

C

Explanation:

Basically their properties :]

Mandy feels like she can't deal with the stress anymore. First, her mother
moved into her house for two months because of major home renovations. Mandy feels like her mother is constantly critical of the way she keeps her house and handles her life. While Mandy knows helping her mom for the next couple of months is the right thing to do, she can't help being annoyed. Mandy is also having trouble at her job. Her job in the medical lab is usually fun, but the organization laid off three workers recently and Mandy finds her workload has been too much to handle. It is the hospital's busy time, too, so Mandy often works late to get the work done. On top of all that, Mandy had lent her best friend, Sylvia, $200 last month for rent, and Sylvia hasn't paid it back. Mandy not only needs the money but also feels that Sylvia was disrespectful when Mandy asked for the money back. Mandy is afraid this
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Answers

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Answers

Answer:

because without it people would not know what to do and be lost. and we need those principal to have our country the way it should be.

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Answers

Answer:

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Answer:

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Explanation:

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TRUE OR FALSE

4. The rational soul is in charge of emotions should be kept at bay.

Ans.

5. The appetitive soul forged by reason and intellect has to govern affairs of the human person.

Ans.

6. St. Augustine follows the view of Plato and infuse it with the new found doctrine of Christianity.

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7. According to Aquinas, the soul is what animates the body; it is what makes us human.

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8. Descartes thought that the only thing that one cannot doubt is the existence of the self.

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9. According to Kant men can only attain knowledge by experiencing.

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10. According to Freud, a young child internalizes values, norms, practices, and social beliefs and more though exposure to these dialogues that will eventually become part of his individual world.

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Answer:

True.............................

The answer is true:)

Ademas del "descubrimiento" de America .España fue el primer país de ....​

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Answer:

Hola, Hispania

Explanation:

Explaining the Climate of the Arabian Peninsula 60'E Global Climate Zones and the Arabian Peninsula Based on the map, how is the Arabian Peninsula's location connected to its general climate? ASIA 30 N Red Sea Persian Gulf O It is located along the Tropic of Cancer at a latitude where dry climates are common. 30'N O It is located at a longitude that causes its hot and dry climate. O It is located at a latitude that causes its climate to be humid and wet Tropio of Cancer Arabian Peninsula It is located far from the equator, making its climate cool and dry. 20 N 20 N Tropical Dry Temperate Arabian W E Sea 60"E S 45 E​

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Answer:

(A) have a good day U-U

Answer:

(A)The climate would become cooler and wetter.

Explanation:

good luck

are favorable or unfavorable opinions toward people,
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O Friendships
O Personality characteristics
O Attitudes

Answers

Answer:

Attitudes

Explanation:

Based on the answer choices given, favorable or unfavorable opinions would be attitudes. An attitude is a specific way of thinking or feeling about a subject that is reflected in people's behavior.

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Answers

Answer:

scale...

Explanation:

it will convert miles to inches

ie: 10 miles is 1 inch


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Answer:

Citizens vote for their government officials and these officials represent the concerns and ideas of the citizens in government.

Explanation:

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Answers

Answer:

Answer is BASED ON STRENGTH

Explanation:

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Owing to its geographical location and maritime exposure, its climate is characterized by uniform temperature and pressure, high humidity and abundant rainfall. Therefore, it is almost always warm and wet.

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Answers

Answer:

The emergence of agriculture allowed humans to create permanent settlements with the hope of a stable food supply. ... Increasing temperatures opened the door for humans to learn how to cultivate wild plants, while new tools allowed humans to better manage crops and increase crop yields.

(Subj: Science)
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Answers

Answer:

Prokaryotic cells

Eukaryotic cells

Answer:

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Explanation:

Hope it helps

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Answer:

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Please help me it’s a midterm

Answers

Answer:

Explanation:

Graphs for Different Correlation Coefficients

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Determine which characteristics are unique to tempera and which are shared between tempera and oil paints.
1. Originally used on wood panel supports.
2. Retains brilliance and clarity for centuries.
3. Dries very quickly, making it difficult to blend colors on the canvas.
4. Dries to a tough insoluble film.
5. Uses egg yolk as a vehicle.
a. Unique to Tempera
b. Shared with Oil

Answers

The characteristics that are unique to tempera are 2, 5, and 3. and the characteristics shared with oil paint are 1, and 4.

Tempera painting is a term to refer to a painting technique that is characterized by:

Dissolve pigment in waterUse animal fat, glycerin, egg yolk, casein, other organic matter, or gum as a vehicleIt was popular during the European Middle AgesMaintains its brilliance and clarity through the centuriesIt is a difficult technique because it dries quickly making it difficult to mix colorsWooden support is generally used for paintingWhen it dries it forms an insoluble layer

On the other hand, oil is a painting technique characterized by:

Mix the pigments with an oil-based binder, usually of vegetable originIt can be painted on different materials such as metal, wood, stone, ivory, although the most common is that it is applied on canvas or tableIts drying is slow, it favors the mixture of colorsGenerally, supports are used in a way to paintWhen it dries it forms an insoluble layer

According to the above, the unique characteristics of the tempera are:

2. Retains brilliance and clarity for centuries

3. Dries very quickly, making it difficult to blend colors on the canvas

5. Uses egg yolk as a vehicle

Additionally, the characteristics shared between tempera and oil paints are:

2. Retains brilliance and clarity for centuries

4. Dries to a tough insoluble film

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