Answer:
The correct answer for the first scenario is total tax = $3, tax on consumer = $1 and tax on producer = $2.
For the second scenario, the answer will be False.
Explanation:
According to the scenario, given data is:
Price for consumer before tax = $7
Price for consumer after tax = $8
Price producer gets before tax = $7
Price producer gets after tax = $5
So, the amount of tax = Price consumer pay after tax - Price producer gets after tax.
= $8 - $5 = $3
Burden of tax on consumer = Price after tax for consumer - price before tax for consumer
= $8 - $7 = $1
Burden of tax on producer = Price producer gets before tax - Price producer gets after tax
= $7 - $5 = $2
For the second scenario, given statement will be false because the result will be same if the tax is levied on producer or consumer.
<span>The answer would be Ingress and Egress;</span>
Answer: Operations Management-A
Explanation:
Operations management is the management that uses best business practices to create the highest level of efficiency possible in an organization by converting materials and labor into goods and services in an efficient way to maximize the profit of an organization.
This management handles strategic issues, including determining of process, procedures and implementation in operational issues such as management of inventory levels, raw materials acquisition, quality control, materials handling, and maintenance policies, etc
It is necessary for an operation management to understand the processes that are essential to company and ensure they work together effortless. This involves ensuring the business processes follow an efficient way.
The right answer for the question that is being asked and shown above is that: "<span>c.Frictional, seasonal, and structural unemployment " </span>most likely still occur when the economy has achieved full employment is that <span>c.Frictional, seasonal, and structural unemployment </span>
Answer:
C. subject to review by higher levels of management in order to prevent the budgets from becoming too loose.
Explanation:
Self-imposed budgets typically are subject to review by higher levels of management in order to prevent the budgets from becoming too loose.
Self-imposed budget also known as the participative budget is a type of budget where individuals having responsibility for controlling costs, prepares their own budget estimates and present them to the top level of management for review.
