Question

Choose answer: Antonio offers economic tutorials. It has an opportunity cost of $ 50 per session...

Choose answer: Antonio offers economic tutorials. It has an opportunity cost of $ 50 per session and charges $ 60. It has two students: Roberto, who has a payment of $ 70 and Carlos, who has a payment of $ 90. When the government applies a $ 20 tax to the guardians and Antonio increases its price to $ 80, the government's collection is


$ 10


$ 20


$ 30


$ 40

0 0
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Answer #1

$20

Explanation: When the charge per session increases to $80, only Carlos will take the session as his payment is $90 (higher than the cost per session) and Roberto will leave the session as the cost of the session is higher than his payment. So, for 1 student government can collect only $20 tax.

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