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Total surplus decreases.
NNP also equals total compensation of employees + net indirect tax paid on current production + operating surplus.
Consumer surplus is what the buyer is willing to pay for a product minus what the buyer actually pays and a tax raises the price the buyer actually pays.
The total tax is $0.15 and the total price with tax is $3.10.
The total tax is $11.95 and the total price with tax is $250.95.
Total surplus decreases.
claims paid divided by total premium - tax
Budget Surplus
NNP also equals total compensation of employees + net indirect tax paid on current production + operating surplus.
Tax is $20.54 resulting in $269.54
It depends what kind of tax loss it is.
In accounting terms, the tax loss is a loss that can be adjusted against a taxable profit figure in earlier period of trading.
Not likely, no
No.
The total tax is $3.43 and the total price with tax is $38.43
The total tax is $20.80 and the total price with tax is $340.80
Consumer surplus is what the buyer is willing to pay for a product minus what the buyer actually pays and a tax raises the price the buyer actually pays.