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Andru [333]
1 year ago
15

Suppose the government in your city imposes a $0.50 excise tax on gasoline. the burden of this tax falls on:_____.

Business
1 answer:
MAXImum [283]1 year ago
4 0

Let's say that gasoline is subject to a $0.50 excise tax in your city. This tax affects both buyers and sellers equally.

Depending on the elasticity of demand and supply, a tax's burden is split between purchasers and sellers. Depending on their alternatives, buyers' and sellers' desire to exit the market is represented by elasticity. The relationship between supply and demand price elasticity and tax incidence is also possible. The tax burden is placed on the purchasers when supply is more elastic than demand. The cost of the tax will be borne by the producers if demand is more elastic than supply.

Learn more about the burden of this tax here.

brainly.com/question/28202762

#SPJ4

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scZoUnD [109]

Answer:

Language differences that make communication challenging among employees and managers.

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Explanation:

Multinational firms are firms that operates and transact business activities outside their country of incorporation.

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Language differences as different ethnics and culture are involved ,brings a challenge in communication between employees and manager. Citizen of a  francophone nation will struggle to communicate with another from an anglophone country.

Another challenge as mentioned in the question is that the code of conduct could be also be affected due to cultural diversity.

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A bond is a long-term financing method for capital projects.<br> A. True<br> B. False
alexandr1967 [171]

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2 years ago
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Wittaler [7]

Answer:

Charge a higher price and produce less output

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A monopolistic markets imeans that there is the absence of other suppliers of the same product or service, making them the sole market of the product or service. This can make them charge a premium to their customers. Consumers have no alternatives of options  and are forced to pay the price for the goods dictated by the monopolist. ITherd is a tendency for the monopolist to make prices high high prices, it may not necessarily be a monopolistic behavior.

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IS THE ANSWER STILL A OR IS IT SOMETHING ELSE
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