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In the pre-tax equilibrium the distance equals $5.00 x 0.20 = $1.00. This burden of the tax is again shared by the buyer and seller. If the new equilibrium quantity decreases to 85 and the buyer bears a higher proportion of the tax burden (e.g. $0.75), the total amount of tax collected equals $1.00 x 85 = $85.00.
The state of New York covers a total area of 54,555 square miles (141,297 km 2) and ranks as the 27th-largest state by size. [2] The highest elevation in New York is Mount Marcy in the Adirondack High Peaks in Northern New York , at 5,344 feet (1,629 meters) above sea level ; while the state's lowest point is at sea level, on the Atlantic Ocean ...
With a total land area of 13,558.27 square miles (35,115.8 km 2), comprises 32.90% of the state's land area and is the second-largest of the Grand Divisions, behind Middle Tennessee. [5] The entirety of East Tennessee is both geographically and culturally part of Appalachia and the Appalachian Mountains and is usually considered part of the ...
California (/ ˌ k æ l ɪ ˈ f ɔːr n j ə /) is a state in the Western Region of the United States that lies on the Pacific Coast.It borders Oregon to the north, Nevada and Arizona to the east, and shares an international border with the Mexican state of Baja California to the south.
Phish is an American rock band formed in 1983, dissolved in 2004, and reunited in 2009. It is one of the most successful live acts in popular music history, forging a popularity in concert far greater than their album sales, radio airplay, or music video presence would otherwise indicate.
The Muslim ethnolinguistic groups of Mindanao, Sulu, and Palawan are collectively referred to as the Moro people, [2] a broad category that includes some Indigenous people groups and some non-Indigenous people groups. [1]: 6 With a population of over 5 million people, they comprise about 5% of the country's total population. [3] [4]
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