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
Sophie [7]
1 year ago
15

True or false: unless demand is perfectly elastic or perfectly inelastic, whether a tax is levied on buyers or on sellers, the c

ost is shared.
Business
1 answer:
zubka84 [21]1 year ago
7 0

The given statement stands as true about inelastic products.

  • Products that are inelastic must often have reliable backups. Serviceability, conventional medicines, and cigarette products are the most frequently encountered goods with inelastic demand. Businesses that sell comparable goods have less price rigidity since demand is constant regardless of price changes.
  • The term "inelastic" refers to a good or service's static volume when its price varies.

False or true Whether a tax is imposed on purchasers or sellers, the cost is shared unless demand is absolutely elastic or perfectly inelastic.

True, for the following reason: Buyers pay the entire tax when demand is perfectly inelastic.

Learn more about Inelastic products  here:

brainly.com/question/2396092

#SPJ4

You might be interested in
The break-even point is the sales level at which a company_______________.a. incurs a loss. b. contribution margin equals fixed
Neporo4naja [7]

Answer:

b. contribution margin equals fixed costs

e. has a profit of $0.

Explanation:

The break even point is the point in which the firm has no profit and no loss situation. When it meets we called as break even point.

So, the break even point is the point at which the profit is zero plus the contribution margin equals to the fixed cost i.e means

Contribution margin = Fixed cost

Sales - variable cost = Fixed cost

If both are equal so it seems the profit is zero

4 0
3 years ago
A bank's commitment (for a specified future period of time) to provide a firm with loans up to a given amount at an interest rat
sladkih [1.3K]

Answer:

credit rationing

Explanation:

Credit rationing is a situation in which borrowers give out a fixed amount of loan to lenders for a specified time at a rate tied to the market interest rate. In this situation, loans do not exceed a certain amount from the borrower no matter what attractive offers are given by the lenders to be able to get a larger loan amount. This is done by the borrower becasue the borrower is earning maximum profits from interest rates and also  is a means to maintain equilibrum between loan funds and loan demands.  

Cheers.

8 0
3 years ago
Zahn Inc. sold 11,500 annual magazine subscriptions for $61 during December 20Y4. These new subscribers will receive monthly iss
stiv31 [10]

Answer:

                                       Zahn Inc.

            Current Liabilities Section of the Balance Sheet

                                   March 31, 20Y5

Current liabilities                                                       Amount

Accounts payable                                                      $22,700

Accrued wages payable                                             $6,700

Accrued interest payable                                           $3,080

($123,200 * 5% * 6/12)  

Notes payable                                                             $123,200

Advances on magazine subscriptions                       $526,125

(11,500 * $61 * 9/12)

Total current liabilities                                                $681,805

4 0
3 years ago
A company issues $25,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2017. Interest is paid on June 30 and December 31. T
Vladimir [108]

Answer:

  • $1,960,415

Explanation:

  • The bond was issued under this conditions:

$25,000,000     7.8%

Period   Capital   Interest  

2017.I  $25,000.000  $ 975.000

2017.II  $25,000.000  $ 975.000

  • But the market accept under this conditions.

$24,505,180     8%

Period   Capital    Interest  

2017.I  $24,505,181  $ 980,207  

2017.II  $24,505,181  $ 980,207  $1,960,414  

  • The company recognized interes by $1,960,414  
3 0
3 years ago
Lee jeans meets customer demand by sending computer requests from stores to the manufacturing departments as jeans sell out in s
ikadub [295]
<span>computer-aided-materials management (camm) Let's look at the available choices and see which one make sense. computer-aided-materials management (camm) - This sounds correct. Lee is managing their inventory using the assistance of a computer. traditional mass production - This doesn't make sense. If Lee were using traditional mass production, Lee wouldn't have any need to get requests from stores prior to producing new jeans. So this is the wrong answer. six sigma strategy for managing quality of the products - This is a standard for quality. Since quality isn't mentioned anywhere in the original problem, this is obviously a red herring and hence the wrong answer. computer-aided designing (cad) - Do you see anything in the problem description about designing new jeans? I know I didn't. So this is also the wrong answer.</span>
8 0
3 years ago
Other questions:
  • Select the correct statement regarding managerial and financial accounting. Multiple Choice Timeliness is more important in fina
    13·2 answers
  • In order to provide more security, many companies have begun relying on _____ methods, such as fingerprint scanners, to prevent
    15·1 answer
  • Suppose lawyers seek legislation to limit the use of computer software that enables people to use their personal computers to se
    6·1 answer
  • This information relates to Cheyenne Real Estate Agency.
    9·1 answer
  • Which of the following is a way to bring distant managers together to brainstorm and is a written approach to creative problem s
    15·1 answer
  • A student would like to buy cross-over SUV from a local dealer, but she thinks the payments will be too high. Marketing does not
    10·1 answer
  • Piper Corporation, which manufactures dog toys, is developing direct labor standards. The basic direct labor rate is $12.00 per
    11·1 answer
  • Administrative Management Group of answer choices emphasizes perspective of senior managers and that management, as a profession
    14·1 answer
  • The approach to decision making that involves soliciting input from a network of people outside of the organization is called
    12·1 answer
  • Select all the correct answers.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!