Monthly sales of a particular brand of spirits at one store have pre-tax demand curve D1. A new state alcohol tax is enacted, leading to the store's post-tax demand curve D2. The tax is assessed at the point of sale as a tax on buyers. Use the area tool to draw the area representing the deadweight loss that is due to the tax, clicking on the three corners of the area.

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.

An object that is clicked on and takes the presentation to a new targeted file is done through a

Harris fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. at the beginning of the year, it estimated that 34,000 direct labor-hours would be required for the period’s estimated level of production. the company also estimated $599,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. harris's actual manufacturing overhead for the year was $768,234 and its actual total direct labor was 34,500 hours.required: compute the company's predetermined overhead rate for the year. (round your answer to 2 decimal places.)