The policy:Work on your own (graded)Hotel rooms in Las Vegas go for an average nightly rate of $ 100, and 100,000 rooms are rented on a typicalday.(a.) To raise revenue, the mayor is considering a tax of $ 10 per rented room. After the tax is imposed, thegoing rate for hotel rooms rises to $ 108, and the number of rooms rented falls to 90,000. Calculatethe amount of revenue this tax raises for Vegas and the deadweight loss of the tax.

answer; work samples;

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"

answer; property tax payment made in july and december;