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Elza [17]
2 years ago
14

If a tax is levied on the sellers of a product, then the demand curve will a. become flatter. b. not shift. c. shift up. d. shif

t down.
Business
1 answer:
Lera25 [3.4K]2 years ago
7 0

If a tax is levied on the sellers of a product, then the demand curve will become flattered.

Option A. becomes flattered.

If a tax is levied on sellers of a product, then the supply decreases, the supply curve will shift to the left. The demand curve will not shift. This is shown in the following figure;

S+tax Price E1 pl p 0 q1 q Quantity х

In the above figure, the x-axis shows quantity and the y-axis shows the price. D is the demand curve and S is the supply curve. As a result of the tax, the supply curve will shift to the left. The price increases from p to p1 and quantity decreases from q to q1.

Learn more about levied at

brainly.com/question/3853375

#SPJ1

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The five key components of the marketing plan are
olga nikolaevna [1]

Answer: Option B

Explanation: Marketing plan refers to the plan made by the senior managers of an organisation that depicts the marketing strategy to be used by the company in the coming period. This is a flexible plan and is made for generally a period of 12 months.

This, plan consist of of all the factors that are essential for positive marketing. It outlines the execution procedure and the various analysis required. It also includes the financial and controlling procedures to be used.

Hence, we can conclude that the right answer is option B.

4 0
3 years ago
The law of demand holds in the market for three​ goods, X,​ Y, and Z. An increase in the price of X causes an increase in the pr
swat32

Answer:

C) Z is a substitute for input X in the production of Y. 

Explanation:

Goods are substitutes if they can be used in place of each another. For example, pen and pencil can be considered as substitute.

If the price of a good decreases, the demand for that good increases and the demand for the subsituite falls. X and Z are substitutes

Complements are goods that are consumed together e.g. bread and butter.

Inputs are goods used in the production of output. If the price of input increases, the price of the output increases. Therefore, X is an input in the production of Y.

Since X and Z are substitutes, and X is an input for Y.

I hope my answer helps you

5 0
3 years ago
The real GDP of Country A grew by only 1% from 2011 to 2013, while the real GDP of Country B grew by 5% during that same time sp
Ray Of Light [21]

Correct answers: Country B will eventually have a higher real GDP than country A if the economy of each county continues to grow this way.

Incorrect answers: Country A has a high real GDP. Country A has a modestly high quality of life. Country A’s economy has been in a period of contraction. Country B has a very high quality of life. #Smokeweedeveryday

6 0
3 years ago
Barney Corporation recognized a $100 million preferred stock balance on 12/31/2019.
mrs_skeptik [129]

Answer:

C. $120m

Explanation:

As per the given situation, the calculation of the ended year the preferred stock is shown below:

Ending preferred stock balance

= Beginning balance of preferred stock + new issuance of preferred stock

= $100 million + $20 million

= $120 million

Therefore, for computing the ending preferred stock balance we simply applied the above formula and ignore all other values as they are not relevant. So the correct answer is C.

5 0
4 years ago
You are starting your new career today after graduating from University of Houston. You decided to contribute $500 a month into
weqwewe [10]

Answer:

Final Value= $502,257.52

Explanation:

Giving the following information:

You decided to contribute $500 a month into a fund that is expected to earn 6 percent, compounded monthly. You start the contribution a month from today for 30 years.

To calculate the final value, we need to use an alternative version of the final value formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit= 500

n= 30*12= 360

i= 0.06/12= 0.005

FV= {500*[(1.005^360)-1]}/0.005= $502,257.52

4 0
4 years ago
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