1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andru [333]
2 years 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]2 years 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

You might be interested in
1. You’ve been hired by Nielsen Company to study the market for potatoes. Demand in the potato market is characterized by the de
icang [17]

Answer:

P = MR = 1

Explanation:

The demand function is q = 25 - 12p.

The  total income is the price of potatoes multiplied by the quantities of potato --> P * Q

p*q = p*(25-12p)

p*q = 25p - 12p^2

the first derivative of the previous equation is the marginal revenue. In perfect competition the Price = Marginal revenue.

First derivative of total income ---> 25-24p

And MR = P

25-24p=p

25=25p

<h2>p=1</h2>

8 0
3 years ago
_____ gives employers the benefit of keeping an experienced worker and gives older people a chance to make a continued contribut
Lunna [17]

Phased retirement gives employers the benefit of keeping an experienced worker and gives older people a chance to make a continued contribution at a more relaxed pace.

<h3>What is Phased retirement ?</h3>
  • A human resource's strategy called phased retirement enables full-time employees to work part-time hours while starting to receive retirement benefits.
  • Employers may be able to better manage or even lower payroll costs during the transition by utilizing phased retirement.
  • This plan enables the retiree to work less hours, often switching from full to part-time, and uses less payroll funds.
  • It is completely optional and requires the agreement of both the employee and the hiring organization.
  • An employee must have worked three years straight at a full-time job in order to be eligible to participate.

Learn more about retirement here:

brainly.com/question/14502477

#SPJ4

4 0
1 year ago
Equipment was purchased for $68,000 on January 1, 2013. Freight charges amounted to $2,800 and there was a cost of $8,000 for bu
Dahasolnce [82]

Answer:

a. $26,720

Explanation:

Before computing the accumulated depreciation, first we have to compute the original cost of the equipment, after that the depreciation expense. The calculation is shown below:

Original cos t = Equipment purchase cost + freight charges + installment charges

= $68,000 + $2,800 + $8,000

= $78,800

Now the depreciation expense under the straight-line method is shown below:

= (Original cost - residual value) ÷ estimated life in years

= ($78,800 - $12,000) ÷ 5 years

= $13,360

Now the accumulated depreciation is

= Depreciation expense × number of years

= $13,360 × 2 years

= $26,720

5 0
3 years ago
. El Capitan Foods has a capital structure of 36% debt and 64% equity, its tax rate is 35%, and its beta (leveraged) is 1.4. Bas
almond37 [142]

Answer:

The firm's unleveraged beta is 1.0251

Explanation:

Hamada's equation  is used to separate the financial risk of a levered firm from its business risk.

The Hamada equation:

Bu= Bl/(1 + (1 − T)(D/E))

Bl = 1.4

wd = 0.36

Tax rate = 35%

D/E = wd / (1 – wd) = 0.5625 = 56.25%

= 1.4/ (1+(1-0.35)(0.5625))

=1.4/ 1 + (0.65)(0.5625)

=1.4/1.36

= 1.0251

5 0
3 years ago
Where does the 32 come from in cash received for common stock issued
worty [1.4K]

A public company can issue common stock to the shareholders of acquisition targets, which they can then sell for cash. This approach is also possible for private companies, but the recipients of those shares will have a much more difficult time selling their shares.

Multiply the number of shares issued by the price per share. Doing this calculation gives you the amount of cash raised by the sale of the stock. For example, if the company issues 100 shares at $10 per share, the result is $1,000 of additional capital raised from stock issuances.
4 0
2 years ago
Other questions:
  • What is the term that describes what a business has to pay to correct defective products?
    5·2 answers
  • What is the main job of the president of the us?
    15·2 answers
  • Initially, the number of tools per worker was higher in Hermes than in Gobbledigook. From 2012 to 2062, capital per worker rises
    5·2 answers
  • Suppose the price is $10, the quantity supplied is 50 units, and the quantity demanded is 100 units. For every $1 rise in price,
    10·1 answer
  • Adding employees to the payroll is costly for a business. True or false?
    15·1 answer
  • Ms. Jones wants to make 14​% nominal interest compounded quarterly on a bond investment. She has an opportunity to purchase a 12
    7·1 answer
  • during the 1980's, the price of one share of Johnson and Johnson stock rose from $17 1/4 to $56 1/8. how much money would you ha
    8·1 answer
  • Discuss the possible causes of change in Shoprite​
    15·1 answer
  • Cartwright Brothers preferred stock has an annual dividend of $3.50 per share if the required rate of return on the preferred st
    14·1 answer
  • How has apple inc mission and vision statement helped the company?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!