) In the Widgit market, people buy and sell 400 Widgits for a price of $100. Then,...
Fantastic news! We've Found the answer you've been seeking!
Question:
) In the Widgit market, people buy and sell 400 Widgits for a price of $100. Then, there 515 tax on Widgits that raises the price buyers pay to $110. What price do Widgit sellers receive Show your work here. (2 points)
6) Kaur pays $40,000 to buy a car. She looks at the receipt and finds out that $10,000 of the was taxes, and she gets very angry. Kaur says "I hate taxes! If there were no taxes on would have only had to pay $30,000 for the car!" Is this true? Why or why not?
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date: