Consider a monopolistic market in which a specific tax has been applied to the good. Explain in words what would happen to the consumer surplus, producer surplus, government revenue, and deadweight loss if regulators replaced the specific tax with an ad valorem tax (assume the two tax options lead to the same reduction in quantity). Please answer the question fully and in detail for a rating. Thank you.

1. You have an email program to 1000000 customers where the cost is $.10 per email and a direct mail program to 500000 customers at a cost of $1.00 per piece. Which program would you focus on why?
2. What process must occur concurrently with understanding the data?
3. A CEO wants to maximize revenue. Why would you advise him against the use of the data mining technique?

The trial balance of Pacific Asia Corporation had accounts with the following normal balances: Cash HK$5,000, Revenue HK$85,000, Salaries and Wages Payable HK$4,000, Salaries and Wages Expense HK$40,000, Rent Expense HK$10,000, Share Capital – Ordinary HK$42,000; Dividends HK$15,000; Equipment HK$61,000. In preparing a trial balance, the total in the debit column is

Super Tread Inc. is a large manufacturer of auto tires. Super Tread has provided the following​ information:

Calculate the amount of ending Finished Goods Inventory reported on Super​ Tread's balance sheet.

A.

$60,00

B.

$7,000

C.

$27,000

D.

$15,000

A perfectly competitive firm is said to face a perfectly elastic demand curve

a.) Explain why the price elasticity is so high under perfect competition:

b.)What is the consequences of a perfectly elastic demand curve on the marginal revenue received

by the individual perfect competitor?

c.)ased on your answers to b, state the profit optimizing rule (optimal Q) to as it applies to

perfect competitors ONLY:

There is 540 peoplein attendance at a high school basketball game. The admission prices are $5 for students, $7 for parents, and $10 for faculty. The total revenue for the game is$3000. There are 9 times as many students present as parents. Use the variable names: s = # of students, p = # of parents and f = # of faculty. Find the number of each group in attendance by writing a system of 3 equations in the three variables and solving the system.

Data on the two products are as follows :

Total fixed costs for the manufacture of both products are $100,000.

Assuming that sales mix in terms of unit remains constant, what is the breakeven point in total revenue dollars?

Suppose a business firm faces the following demand equation: Q = 40 – 0.5P. Marginal cost is MC = $20.

a. Suppose the firm applies the two-part pricing strategy. Compute the fixed fee, variable (per unit) fee, output, revenue and cost associated with this pricing.

b. What type of businesses should consider implementing the two-part pricing strategy? Please explain.

Please Journalize

The debt investment is held-to-maturity 5-year bond with an $86,000 face value and 10% stated interest rate. Interest is received on the first of each year. The bond was initially issued on 1/1/18. The bond was purchased for $79,800 and provides a 12% return. Prepare the necessary year-end entry to record interest revenue and discount amortization using the effective interest method.

A company manufactures and sells x television sets per month. The monthly cost equation is?(?)=??,???+???and the monthly demand−price equation is ?=???−???Use thisinformation to answerquestions below.

1.a.What is the maximum monthly revenue?

b.What price should the company charge for each television set?

2.a.How many television sets should be produced to realize the maximum monthly profit?

b.What is the maximum monthly profit