Consider a market characterized by the following inverse demand and supply functions: PX = 50 − 4QX and PX = 10 + 2QX. Compute the surplus producers receive when a $30 per unit price floor is imposed on the market.

A $75
B $35
C $25
D $50

Answers

Answer 1

Computing the surplus producers receive when a $30 per unit price floor is imposed on the market is option C.$25.

How did we get the value?

To calculate the surplus producers receive, we need to find the difference between the price they receive at a given quantity and the price they would have received in the absence of the price floor.

When a price floor of $30 per unit is imposed on the market, the quantity supplied and demanded at this price are:

QX = (50 - 30)/4 = 5 units (demand)

QX = (30 - 10)/2 = 10 units (supply)

So, the surplus received by the producers is the difference between the price floor and the price they would have received in the absence of the price floor:

Surplus = 30 - (10 + 2 * 10) = 30 - 30 = $0.

However, the surplus for consumers is the difference between the price they would have paid in the absence of the price floor and the price floor:

Surplus = (50 - 4 * 5) - 30 = 25 - 30 = -$5.

So, the total surplus received by producers and consumers combined is $0 + (-$5) = -$5, which means that the price floor imposes a dead weight loss on the market.

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Related Questions

Find the values of x and y

Answers

Answer:

  x = 22

  y = 59

Step-by-step explanation:

You want the values of x and y as shown in the figure where angles (2x)° and (y-15)° are vertical angles, and (2x)° and (2x+2)° are complementary.

Complementary angles

Two angles are complementary when their sum is 90°.

  (2x)° +(2x+2)° = 90°

  4x = 88 . . . . . . . . . . . divide by °, subtract 2

  x = 22

Vertical angles

Vertical angles have the same measure:

  (2x)° = (y -15)°

  2·22 = y -15 . . . . . . divide by °, substitute for x

  59 = y . . . . . . . . .  add 15

The value of x is 22.

The value of y is 59.

I need the answer to this math problem
20pts!!

Answers

Answer:

9

Step-by-step explanation:

9 makes it so that each set becomes a whole number.

If m∠1=95°, find the measure of ∠8

Answers

Answer:

If m∠1=95°, then m∠8 can be found by using the Exterior Angle Theorem, which states that the measure of an exterior angle of a triangle is equal to the sum of the measures of the two remote interior angles. In this case, m∠8 = 180 - (m∠1 + m∠3) = 180 - (95° + 55°) = 30.

Suppose that the force acting on an object can be expressed by vector (-8,14), where each
measure in the ordered pair represents the force in pounds. What is the magnitude of the force? Round
your answer to the nearest hundredth.

Answers

Answer:

Magnitude of force is [tex]||v||\approx16.12\text{ lbs}[/tex]

Step-by-step explanation:

[tex]||v||=\sqrt{x^2+y^2}\\||v||=\sqrt{(-8)^2+(14)^2}\\||v||=\sqrt{64+196}\\||v||=\sqrt{260}\\||v||\approx16.12\text{ lbs}[/tex]

A trucking company determined that the distance traveled per truck per year is normally​ distributed, with a mean of 40 thousand miles and a standard deviation of 12 thousand miles. Complete parts​ (a) through​ (c) below.
Question content area bottom Part 1
a. What proportion of trucks can be expected to travel between 23 and 40 thousand miles in a​ year? The proportion of trucks that can be expected to travel between 23 and 40 thousand miles in a year is enter your response here. ​(Round to four decimal places as​ needed.)
b. What percentage of trucks can be expected to travel either less than 30 or more than 60 thousand miles in a​ year? The percentage of trucks that can be expected to travel either less than 30 or more than 60 thousand miles in a year is enter your response here​%. ​(Round to two decimal places as​ needed.)
c. How many miles will be traveled by at least 90​% of the​ trucks?
The number of miles that will be traveled by at least 90​% of the trucks is enter your response here miles. ​(Round to the nearest mile as​ needed.)

Answers

Therefore, standard deviation problem solution is at least 90% of the​ trucks can be expected to travel 55,36 miles or less per year.

What is Standard deviation?

Statistics uses variance as a gauge of difference. The following equation of that number is used to determine the average variance in between data and the mean. It includes all data points in with its computations, in contrast to other numeric measures of variability, by comparing the value of each data point to the mean.

Here,

a.

z1 = (23 - 40) / 12 = -1.42

z2 = (40 - 40) / 12 = 0

P(-1.42 < z < 0) = 0.4199

So, approximately 0.4199 or 41.99% of trucks can be expected to travel between 23 and 40 thousand miles in a​ year.

b.

z1 = (30 - 40) / 12 = -0.83

z2 = (60 - 40) / 12 = 1.67

P(z < -0.83) + P(z > 1.67) = 0.2023 + 0.0475 = 0.2498

So, approximately 24.98% of trucks can be expected to travel either less than 30 or more than 60 thousand miles in a​ year.

c.  Thus:

x = 40 + 1.28(12) = 55.36

So, standard deviation problem solution is at least 90% of the​ trucks can be expected to travel 55,36 miles or less per year.

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simplify fully
(x^2 +4)^2 - (x^2 - 2)^2

Answers

Answer:

12x^2 + 12

Step-by-step explanation:

1. Remove the parentheses:

x^4 + 8x^2 + 16 - x^4 + 4x^2 - 4

2. Cancel out terms:

8x^2 + 16 + 4x^2 - 4

3. Combine like terms:

12x^2 + 12

To simplify the expression, we can use the difference of squares formula:

(a + b)(a - b) = a^2 - b^2

We can apply this formula twice to the expression:

((x^2 + 4) + (x^2 - 2))((x^2 + 4) - (x^2 - 2)) = (2x^2 + 2)(2) = 2(2x^2 + 2) = 4x^2 + 4.

So, the fully simplified form of the expression is:

4x^2 + 4

Factor the following expression completely. 12xy-15x-20y+25

Answers

The required, given expression is completely factored as  (4y -5)(3x - 5).

What is the factors?

A number or algebraic expression that evenly divides another number or expression—i.e., leaves no remainder—is referred to as a factor.

To factor the expression 12xy - 15x - 20y + 25, we can use the distributive property to factor out a common factor from each of the first two terms and the last two terms:

12xy - 15x - 20y + 25

= (12x)(y) - (15x)(1) - (20)(y) + (5)(5)

= (3x)(4y) - (5)(3x) - (4)(5y) + (5)(5)

= 3x(4y - 5) - 5(4y - 5)

= (4y -5)(3x - 5)

So, the expression is completely factored as, (4y -5)(3x - 5).

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find the lengths of the legs of a right triangle if it is known that sum of the lengths is 23cm, and the area of the triangle is 60cm^2

Answers

Answer:

15 and 8

Step-by-step explanation:

Let the legs be a, b

a+b=23

ab=120

Then, 23b-b^2=120. so b^2-23b+120=0. Thus (b-8)(b-15)=0. Thus b=8,15, and if b=8, then the other length a is 15.

Someone than Can solve this pleaseeee:)

Answers

The value of the functions are (f o g) (2) = 0 and  (g o f) (2) = 4.

What are functions?

In mathematics, a function is an expression, rule, or law that specifies the relationship between an independent variable x and a dependent variable y.

y and x are related in such a way that there is a distinct value of y for each value of x, and this relationship is frequently represented as y = f(x). In other words, for the same x value, there cannot be more than one value for f(x).

We are given two functions, f(x) and g(x).

Their graphs are also given.

We are asked to solve the following questions using the given graphs.

1) (f o g) (2) = f( g(2) )

To solve this we have to first start with inner functions.

g(2) = value of y when x = 2  

    From the g(x) graph it is given that g(2) = 2 when x = 2

Now we substitute this in f( g(2) )

i.e f(2) = value of y when x = 2 = 0

From the f(x) graph it is given that f(2) = 0 when x = 2.

So (f o g) (2) = 0

2) (g o f) (2) = g( f(2) )

  f(2) = 0 ( as mentioned above)

Substituting,

 g( f(2) = g (0) = 4

So (g o f) (2) = 4

Therefore the value of the functions are (f o g) (2) = 0 and

(g o f) (2) = 4.

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Jeff created the following shape to fill with skittles. He also wants to decorate the outside with Skittle wrappers. Find the surface area to determine the number of skittle wrappers he would need to save and volume to determine how the amount of Skittles he could fill it with
Show work please and thank you

Answers

The surface area of figure is 784 ft² and the volume of the figure is 576 ft³.

What is volume?

Each thing in three dimensions takes up some space. The volume of this area is what is being measured. The space occupied within an object's borders in three dimensions is referred to as its volume. It is sometimes referred to as the object's capacity.

The shape created by Jeff is a cube + square pyramid.

The height of square pyramid is = 3 ft

The sides of cube = 8 ft

The formula for volume of cube = (side)³

Volume of cube = (8)³

Volume of cube = 512 ft³

The formula for volume of square pyramid = (base)² × height / 3

Volume of square pyramid = (8)² × 3/3

Volume of square pyramid = 64 × 1

Volume of square pyramid = 64 ft³

Total volume of the figure -

Volume of cube + Volume of square pyramid

Total volume = 512 + 64

Total volume = 576 ft³

The formula for surface area of cube = 6(side)²

Surface Area of cube = 6 × (8)²

Surface Area of cube = 6 × 64

Surface Area of cube = 384 ft²

The formula for surface area of square pyramid = 6(side)²

Surface Area of square pyramid = (side)² + 2(side) √[{(side)²/4} + (height)²]

Surface Area of square pyramid = (8)² + 2(8) √[{(8)²/4} + (3)²]

Surface Area of square pyramid = 64 + 16 √[{64/4} + 9]

Surface Area of square pyramid = 80 √[16 + 9]

Surface Area of square pyramid = 80 √25

Surface Area of square pyramid = 80 × 5

Surface Area of square pyramid = 400 ft²

Total surface area of the figure -

Surface Area of cube + Surface Area of square pyramid

Total Surface Area = 384 + 400

Total Surface Area = 784 ft²

Therefore, the volume and surface area of the figure is 576 ft³ and 784 ft² respectively.

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What’s The Answer To This Question

Answers

Answer:2 one

Step-by-step explanation:

It's election day for a club. If a president and vice-president are elected, how many different combinations can be made among twelve people?

Answers

Answer:

24

Step-by-step explanation:

You multiply the number of positions (2), by the number of people (12).

(b) In a continuous series, the average marks of some students is 40 and the sum of their marks (Efm) is 2000. Then find the number of students. श्रेणीहरुको औसत प्राप्ता 40 र तिनीहरूको​

Answers

Answer:

50

Step-by-step explanation:

To find the number of students, we can use the formula: average = (sum of marks) / (number of students).

Substituting the given values: 40 = 2000 / number of students

Solving for the number of students: number of students = 2000 / 40 = 50

So, there are 50 students in the series.

The answer should be 50 if I’m not mistaken.

Answer this arithmetic progression question and get 50 points + brainliest​

Answers

Answer:

The 9th term is 30

---------------------------------

Use nth term equation:

[tex]a_n=a+(n-1)d[/tex], where a- the first term, n - number of terms, d - common difference

We have:

[tex]a_7=21\ and\ a_{11}=39[/tex]

And we need to find the 9th term.

Write the given terms as below and solve for d:

a + 6d = 21 anda + 10d = 39

Subtract the first equation  from the second:

10d - 6d = 39 - 214d = 18d = 18/4d = 4.5

The first term is:

a + 10*4.5 = 39a + 45 = 39a = - 6

Find 9th term:

[tex]a_9=a+8d=-6+8*4.5=-6+36=30[/tex]

Answer:

The 9th term is 30

Step-by-step explanation:

Suppose a student's grade for a course is weighted and based on three categories homework average, quiz average, and a project average.A) lithe quiz average is 80% of grade and the homework average is 20% of grade, what percentage of Students grade is their project average?B) Ifa student has a homework average of 95, a quiz average of 80, and a project average of 88, what would be students course grade? Round to nearest whole number.

Answers

The project average is 100% of the student's grade, and if the student has the given averages, their course grade would be 89%.

The project average is the only component of the student's grade that is not weighted. The homework average accounts for 20% of the grade, while the quiz average accounts for 80%. Therefore, the project average is 100% of the student's grade. If the student has the given averages, then their course grade can be calculated by multiplying the homework and quiz averages by their respective percentages and adding the two products. In this case, the student's course grade would be (95 * 0.2) + (80 * 0.8) + 88 = 89%. The student's course grade would then be rounded to the nearest whole number, which is 89%.

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Suppose That \( R \) Is The Finite Region Bounded By \( Y=X, Y=X+1, X=0 \), And \( X=3 \). find the exact value of the volume of the object we obtain when rotating about the -axis.

Answers

Step-by-step explanation:

Find Object Volume Rotation

Suppose That \( R \) Is The Finite Region Bounded By \( Y=X, Y=X+1, X=0 \), And \( X=3 \). find the exact value of the volume of the object we obtain when rotating about the -axis.

The region R is a triangular region defined by the lines y = x, y = x + 1, x = 0, and x = 3. To find the volume of the object obtained by rotating this region about the x-axis, we can use the method of cylindrical shells.

The height of the cylindrical shell is given by the difference between y = x and y = x + 1, or 1 unit. The radius of the cylindrical shell is given by x. Therefore, the volume of the object is given by:

\begin{align*}

V &= \int_{x=0}^{x=3} \pi x^2 \cdot 1, dx \

&= \pi \int_{x=0}^{x=3} x^2, dx \

&= \pi \left[ \frac{x^3}{3} \right]_{x=0}^{x=3} \

&= \pi \left( \frac{27}{3} - \frac{0}{3} \right) \

&= 9\pi

\end{align*}

So the volume of the object is equal to 9π cubic units.

Mallory's Border Collie had 13 puppies in 2 litters. Determine the rate for a ratio of the two different quantities.

2 over 13 puppies per litter
13 over 15 puppies per litter
2 over 1 puppies per litter
13 over 2 puppies per litter

Answers

The rate for a ratio of the two different quantities would be 13 over 2 puppies per litter. That is option D.

How to calculate the rate of the puppies per litter?

The total number of puppies that Mallory's Border Collie has = 13 puppies.

The number of litters that the puppies are being placed = 2 litters.

Therefore, the rate of puppies per litter is calculated as follows:

13 puppies = 2 litters

X puppies = 1 litter

Make X the subject of formula;

X = 13×1/2

X= 13/2 puppies per litter

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Answer:Alex has a collection of vehicle models. He built 8 model airplanes, 4 model trains, and 12 model cars. Write a ratio to represent the ratio of cars to trains.

Step-by-step explanation:3/1 ur welcome

The volume of a rectangular prism is (x³ − 3x² + 5x − 3), and the area of its base is (x² – 2). If the volume of a rectangular prism is the product of its base area and height, what is the height of the prism?

Answers

Answer: (x^3 - 3x^2 + 5x - 3)/(x^2 - 2)

Step-by-step explanation:

It says the volume equals the height multiplied by the base area, or base area x height = volume. Because we are given the volume and the base area, we can plug in the values to get (x^2 - 2) x height = (x^3 - 3x^2 + 5x - 3). Finally, we can divide both sides by (x^2 - 2) to get height = (x^3 - 3x^2 + 5x - 3)/(x^2 - 2).

I NEED HELP RIGHT AWAY PLS HELP


You asked amusement park visitors the question "How
many times did
left the park.
you ride the Ferris wheel today?" as they
Four people said they rode a Ferris wheel
5 times.
Explain how this would be shown on a dot plot.

Answers

On a dot plot, the statement saying that Four people said they rode a Ferris wheel five times would be represented with four dots above the input five.

What is a dot plot?

A dot plot shows the number of times that each observation was accrued in a data-set, which the number of dots representing the number of observations of each input.

The parameters for this problem are given as follows:

Input: number of times people rode the Ferris wheel.Output: number of dots.

Hence the statement would be represented with four dots above the input five.

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Use fraction strips to find each sum
2 6/10 + 1 3/5

Answers

Answer:

4 1/5

Step-by-step explanation:

6/10 = 3/5

2+1=3

3+6/5 = 4 1/5

. ¿Qué cantidad por concepto de interés simple mensual produce un capital de $ 500,000 al 8% anual de interés simple?

Answers

Answer:

$500.000 × 0.08 = $40,000

$40,000/12 = $3.333.33

Step-by-step explanation:

El interés simple mensual se puede calcular como una fracción del interés anual. Para calcular el interés simple mensual, primero debemos calcular el interés anual y luego dividirlo entre 12 para obtener el interés mensual.

El interés anual se puede calcular multiplicando el capital por la tasa de interés:

$500,000 × 0.08 = $40,000

Luego, para obtener el interés simple mensual, dividimos el interés anual por 12:

$40,000 / 12 = $3,333.33

Por lo tanto, un capital de $500,000 al 8% de interés simple generará $3,333.33 de interés simple mensual.

The value of a car in 2000 was $32,000 and it is decreasing in value at a rate of 16.3% per year.
a.) Write an equation that represents the situation for any amount of time from 2000.
b.) How much will the car be worth in 2035?

Answers

Answer:

see below

Step-by-step explanation:

a. amount of time = t

Value = 32000*(1-16.3%)^t

b. in 35 years Value = 32000*(1-16.3%)^35 = 63.17

here is an equation x+4 = 17

Answers

The tape diagram is attached in the solution.

What is tape diagram?

A tape diagram is a rectangular visual model resembling a piece of tape, that is used to assist with the calculation of ratios and addition, subtraction, and commonly multiplication.

Given is an equation x+4 = 17,

We need to draw a tape diagram for the same,

So, for that, since we have x + 4 which is equal to 17, so, we will draw a box, divide into two parts one will show the x part and ine will show the 4 part, and collectively it will show 17.

The value of the x+4 and 17 is the same, because, according to the diagram, the quantity x+4 collectively showing 17, therefore, they have same values.

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According to the Environmental Protection Agency (EPA), the 2018 Toyota Camry L drives an average of 420.5 miles on a full tank of gas. Assume the mileage follows a normal distribution with a standard deviation of 50 miles. Answer the following questions:
17.) Determine the number of miles that the car will travel with 90%, 30%, and 50% probability on a full tank of gas.
18.) Determine the UPPER AND LOWER value(s) for the interval of miles traveled on a full tank of gas around the mean that includes approximately 68% of miles for this car.
19.) Determine the UPPER AND LOWER value(s) for the interval of miles traveled on a full tank of gas around the mean that includes approximately 95% of miles for this car.
20.) Determine the UPPER AND LOWER value(s) for the interval of miles traveled on a full tank of gas around the mean that includes approximately 99.7% of miles for this car.

Answers

17) The number of miles that the car will travel with 90%, 30%, and 50% probability on a full tank of gas is:

90% probability: 420.5 + (1.645 x 50) = 545.25 miles

30% probability: 420.5 - (1.645 x 50) = 295.75 miles

50% probability: 420.5 miles

18) The upper and lower values for the interval of miles traveled on a full tank of gas around the mean that includes approximately 68% of miles for this car is:

Upper value: 420.5 + (1 x 50) = 470.5 miles

Lower value: 420.5 - (1 x 50) = 370.5 miles

19) The upper and lower values for the interval of miles traveled on a full tank of gas around the mean that includes approximately 95% of miles for this car is:

Upper value: 420.5 + (2 x 50) = 520.5 miles

Lower value: 420.5 - (2 x 50) = 320.5 miles

20) The upper and lower values for the interval of miles traveled on a full tank of gas around the mean that includes approximately 99.7% of miles for this car is:

Upper value: 420.5 + (3 x 50) = 570.5 miles

Lower value: 420.5 - (3 x 50) = 270.5 miles

The term "standard deviation" (or "") refers to a measurement of the data's dispersion from the mean. A low standard deviation implies that the data are grouped around the mean, whereas a large standard deviation shows that the data are more dispersed.

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GIVING BRAILIEST TO THOSE WHO ANSWER CORRECT AND TRY. please help! thanks

Answers

Answer:

the answer is A

Step-by-step explanation:

use the formula y=mx+b

25.95 is the slope because its a constant arte of change and 50 is the y-intercept because you gain $50 in addition to the slope

Answer:

y=25.95x+50

Step-by-step explanation:

25.95 is the dependent variable, so it is the coefficient. The starting amount, or the y-intercept, is 50. This makes the equation y=25.95x+50.

Find the least common multiple of (x-3)^2, x^2-9, and (x+3)^3

Answers

Answer:

[tex]\textsf{LCM}=(x+3)^3(x-3)^2[/tex]

Step-by-step explanation:

[tex]\boxed{\begin{minipage}{6cm}\underline{Difference of Two Squares Formula}\\\\$a^2-b^2=\left(a+b\right)\left(a-b\right)$\\ \end{minipage}}[/tex]

Factor x² - 9 by applying the Difference of Two Squares formula:

[tex]\begin{aligned}\implies x^2-9&=x^2-3^2\\&=(x+3)(x-3)\end{aligned}[/tex]

Rewrite each of the given expressions as an expansion of their factors:

[tex]\bullet \quad (x-3)^2=(x-3)(x-3)[/tex]

[tex]\bullet \quad x^2-9=(x+3)(x-3)[/tex]

[tex]\bullet \quad (x+3)^3=(x+3)(x+3)(x+3)[/tex]

Therefore, we can see that each expression has a factor of (x - 3), (x + 3) or both (x - 3) and (x + 3).

The least common multiple (LCM) of a, b, and c is the smallest multiplier that is divisible by a, b and c.

Therefore, to find the LCM of the given expressions, multiply each factor with the highest power:

[tex]\textsf{LCM}=(x+3)^3(x-3)^2[/tex]

5. The table below gives prizes and probabilities of winning (on a single $1 ticket) for the Multi-State Powerball lottery.


Find the expected value of the winnings for a single lottery ticket if the jackpot is $30 million. How much can you expect to win or lose each year if you buy 10 lottery tickets per week? Do you expect to win or lose this exact amount? Explain.



I attached the table

Answers

the expected value for the given data set will be 0.423

What is probability?

Probability is a number that expresses the likelihood or chance that a specific event will take place. Both proportions ranging from 0 to 1 and percentages ranging from 0% to 100% can be used to describe probabilities.

Given, a data set gives prizes and probabilities of winning (on a single $1 ticket) for the Multi-State Powerball lottery.

We have to determine the expected value of winnings when buying one ticket. This can be computed using the expected value formula.

Recall the formula for the expected value E for events A and B whose probabilities of occurring are P(A) and P(B), respectively:

E  = (P(A)×value for A)+(P(B)×value for B)

​Using the formula above and extending it to 99 events yields:

E(x) = (1/ 292, 201,338 * 30,000,000) + (1 / 11,688,053 * 1,000,000) + (1/913,129 * 50,000) + (1/ 36,525 * 100) + (1/14,494 * 100) + (1/ 580 *7) + (1 /701 * 7) + (1/92 * 4) + (1/ 38 * 4)

E = 0.423

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Which of the following is assumed for establishing the unbiasedness of Ordinary Least Square (OLS) estimates? A. The error term has an expected value of 1 given any value of the explanatory variable. B. The regression equation is linear in the explained and explanatory variables. C. The sample outcomes on the explanatory variable are all the same value. D. The error term has the same variance given any value of the explanatory variable.

Answers

The regression equation is linear in the explained and explanatory variables.

In order for Ordinary Least Squares (OLS) estimates to be unbiased, the regression equation must be linear in both the explained and explanatory variables. This means that the relationship between the dependent variable (what is being explained) and the independent variables (what is being used to explain the dependent variable) must be linear. This is important because it ensures that the estimated coefficients of the regression equation accurately reflect the true relationship between the variables. Additionally, the error term must have an expected value of 0, given any value of the explanatory variable, and have the same variance given any value of the explanatory variable. This ensures that the estimated coefficients do not suffer from bias and that the OLS estimates are unbiased.

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Chantal draws a polygon with seven congruent sides and angles. name Chantal Shape.Is the shape a regular polygon

Answers

A polygon with seven congruent sides and angles is called HEPTAGON. In this case

What is a polygon?

A polygon is a two-dimensional closed figure with three vertices, three angles, and at least three straight sides. The words "Poly" and "gon" both mean many and angle, respectively. A triangle, for instance, has three vertices, three sides, and three angles. Therefore, it qualifies as a polygon.

Chantal "draws a polygon with seven congruent sides and angles," according to the statement. Heptagon is the name for a polygon with seven identical sides and angles. This polygon is a regular one because all of its sides and angles are equal. A regular polygon must have equal side lengths and angles by definition.

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1. Cisco Enterprises in Ontario purchased the following in a single month all-inclusive of taxes:
• 16,000 units of network routers at $79.25 each
• 12,000 units of wireless LAN adapters at $129.95 each
• 13,500 units of computer boards at $229.15 each

Assuming all purchases are taxable, calculate the total tax amount the company paid on their purchases only. Round off to 2 decimal places only.

Answers

The total tax that the business paid on its purchases only was 769720.25.

How should tax be defined?

In order to pay for general public institutions, goods, and activities, local, state, and federal governments must collect mandated payments or charges from citizens and corporations.

We must first figure out the complete cost of the goods in order to determine the total taxable income the corporation paid

The cost of the 16,000 network routers is:

16,000 units x $79.25/unit = $1,268,000

The cost of the 12,000 wireless LAN adapters is:

12,000 units x $129.95/unit = $1,559,400

The cost of the 13,500 computer boards is:

13,500 units x $229.15/unit = $3,092,025

The total cost of all purchases is:

$1,268,000 + $1,559,400 + $3,092,025 = $5,919,425

To calculate the total tax amount, we need to multiply the total cost by the tax rate. Assuming a tax rate of 13%, the total tax amount is:

$5,919,425 x 0.13 = $768,527.25

Therefore, the total tax amount that the company paid on their purchases only is $768,527.25, rounded off to 2 decimal places.

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