Having a hard time with this problem if anyone can help me out that would be fantastic. The screenshots should be swapped sorry
The following graph shows the labor market for research assistants in the fictional country of Collegia. The equilibrium wage is $10 per hour, and the equilibrium number of research assistants is 200.
Suppose the government has decided to institute a $4-per-hour payroll tax on research assistants and is trying to determine whether the tax should be levied on the employer, the workers, or both (such that half the tax is collected from each side).
Use the graph input tool to evaluate these three proposals. Entering a number into the Tax Levied on Employers field (initially set at zero dollars per hour) shifts the demand curve down by the amount you enter, and entering a number into the Tax Levied on Workers field (initially set at zero dollars per hour) shifts the supply curve up by the amount you enter. To determine the before-tax wage for each tax proposal, adjust the amount in the Wage field until the quantity of labor supplied equals the quantity of labor demanded. You will not be graded on any changes you make to this graph.
Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly.
27 https://my.post.edu/CMCPortal/s x Bb Unit 3 - ECO201_33_Macroecono x MindTap - Cengage Learning X Course Hero X + X - > C A ng.cengage.com/staticb/ui/evo/index.html?deploymentld=567367233400224842947262780&leISBN=9781337096607&id=1121259190&snapshotld=2301861& . .. Brian v CENGAGE | MINDTAP Q Search this course ? My Home Homework (Ch 06) X Courses For each of the proposals, use the previous graph to determine the new number of research assistants hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by research Catalog and Study Tools assistants (that is, the wage received by workers minus any taxes collected from the workers). Partner Offers After-Tax Wage Paid by After-Tax Wage Received by A-Z Tax Proposal Quantity Hired Employers Workers Rental Options Levied on Levied on (Number of (Dollars per hour) (Dollars per hour) Employers Workers workers) College Success Tips ( Dollars per hour) ( Dollars per hour) Career Success Tips 0 184 A 168 NO You are eligible for a FREE 7- N 184 day trial of Cengage Unlimited or Cengage Unlimited eTextbooks Suppose the government is concerned that research assistants already make too little money and, therefore, wants to minimize the share of the tax paid by employees. Of the three tax proposals, which is best for accomplishing this goal? Try for Free O The proposal in which the entire tax is collected from workers Learn more The proposal in which the tax is collected from each side evenly ? Help O The proposal in which the tax is collected from employers Give Feedback O None of the proposals is better than the others A+ Grade It Now Save & Continue Type here to search 4:54 PM 3/27/20212? https://my.post.edu/CMCPortal/s x Bb Unit 3 - ECO201_33_Macroecono x MindTap - Cengage Learning X Course Hero X + X - > C A ng.cengage.com/staticb/ui/evo/index.html?deploymentld=567367233400224842947262780&teISBN=9781337096607&id=1121259190&snapshotld=2301861& . .. Brian v CENGAGE | MINDTAP Q Search this course ? My Home Homework (Ch 06) X per hour) shifts the supply curve up by the amount you enter. To determine the before-tax wage for each tax proposal, adjust the amount in the Courses Wage field until the quantity of labor supplied equals the quantity of labor demanded. You will not be graded on any changes you make to this graph. Catalog and Study Tools Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. Partner Offers A-Z Rental Options Graph Input Tool (?) College Success Tips 20 Market for Research Assistants Career Success Tips 18 Wage 10 (Dollars per hour) 16 Supply Labor Demanded 14 168 Labor Supplied 200 You are eligible for a FREE 7- (Number of workers) (Number of workers) day trial of Cengage Unlimited 12 or Cengage Unlimited Demand Shifter Supply Shifter WAGE (Dollars per hour) eTextbooks Tax Levied on Tax Levied on 0 Try for Free Demand Employers 4 Workers bongo (Dollars per hour) (Dollars per hour) Learn more - Tax N ? Help O 40 80 120 160 200 240 280 320 360 400 LABOR (Number of workers) Give Feedback A+ Type here to search O Ei 4:56 PM 3/27/2021
