12. Who pays the tax?
The following calculator shows the labor market for research assistants in the fictional country of Collegia. The
equilibrium wage is $10.00 per hour, and the equilibrium number of research assistants is 250.
Suppose the government h
4. The perfectly competitive firm's short-run supply curve Aa Aa
Consider the perfectly competitive market for halogen ceiling lamps. The following graph shows the marginal cost (MC), average
total cost (ATC), and average variable cost (AVC) curves for a
Josephine Sanwidi Moyenga
A Weighted average cost of capital
(0.35 x 9%) + (0.1 x 21%) + (0.55 x 22%)
3.15 + 2.1 +12.1 = 17.35%
B Weighted average cost of capital once the retained earnings have been used
(0.35 x 9%) + (0.1 x 21%) + (0.55 x 26%)
3.15 + 2.