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
Tech Performance, Inc., completes programming and other tech services for Uno IT Products Corporation. When Uno IT’s computer sy
Nana76 [90]

Answer:

Kindly go through the Explanation.

Explanation:

While responding back Tech Performance who would be referred as a defendant in this occasion may opt for two of the response:

1. Tech Performance to file an answer & defend

The answer filed should include admit of statements and the allegations put across by Uno IT or to simply deny them & set defenses from the defendants part. As by any chance if defendant admits to the allegations filed by UNO computer systems, the judgment will surely be in favor of UNO computer systems. But if defendant denies the allegations then the matter would proceed further as per the guidelines of the federal court, which will give enough time to Tech performance to be prepared with their set of defense statement.

Hence While filing the answers the defendant may file an affirmative defense according to which the defendant will agree to the truth of the complaint but would raise new facts in order to confront that the defendant firm should not be held responsible/ liable for the damage sustained by UNO. The defendant could also deny Uno IT’s allegations and assert a counterclaim stating and proving that the reason of the crash occurred causing loss was due to certain actions from UNO It’s end. Also it may also allege Uno IT for the damage done to the reputation of the Tech Performance.

2. Tech Performance to file a motion to dismiss instead of an answer

The defendant may file a motion to dismiss stating that the motion might contend that even if the facts presented in the complaint are true, their legal consequences such as there is no reason to go ahead with the suit. Other section for this motion includes improper service of process and the court’s lack of jurisdiction. In this case of filing a motion, if the motion is denied the defendant will be given time to file an answer and if its granted, Uno IT will be given time to file an amended complaint.

5 0
3 years ago
Assume that the risk free rate increases, but the market risk premium remains constant. what impact would this have on the cost
yKpoI14uk [10]
Any choices for me? so that I can help you?
8 0
3 years ago
g In a very long run situation, monopolies earn: a. an economic profit of 1%. b. an economic profit of 100%. c. an economic prof
egoroff_w [7]

Answer:

 b. an economic profit of 100%.

Explanation:

A monopoly is when there is only one firm operating in the industry. There are high barriers to entry of firms in a monopoly. Profit is maximised where MR = MC.

Economic profit is affected by the entry or exit of firms into the industry in the long run. Due to the high barriers to entry, a monopoly earns economic profit in the long run.

I hope my answer helps you

5 0
3 years ago
The Statement of Net Position of South State University, a government-owned university, as of the end of its fiscal year June 30
alexandr402 [8]

Answer:

Explanation:

Base on the scenario been described in this question, we can use the following method to be solve the question below using Microsoft word we have the solution in the image attached file below

5 0
3 years ago
Suppose that a museum of modern art discovers the following: adults are willing to pay $20 per ticket to see a Monet exhibit. St
padilas [110]

Answer:

50%

Explanation:

From the question we have here

If adults would pay 20$

Out of a 100% students:

60% would pay 15

40% would pay 10

If regular price = 20$

We are required to find discount

Discount = (20 - 10)/20 x 100

Discount = 0.5 x 100

Discount = 50%

The museum should offer 50percent discount.

6 0
3 years ago
Other questions:
  • If a bakery hires on person to bake cookies and another to bake cakes,the bakery is applying the concept of specialization.
    11·1 answer
  • Employee theft and fraud is a costly problem for organizations, estimated to be approximately ________ per worker per year.
    8·1 answer
  • Which of the following is NOT a requirement for becoming a police officer?
    12·2 answers
  • What is Constant Term? ​
    13·2 answers
  • Jan is unmarried and has no children, but she provides all of the financial support for her mother, who lives in an apartment ac
    5·1 answer
  • Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginnint i
    13·1 answer
  • A project is a time-bound effort constrained by performance specifications, resources, and budget to create a unique product or
    12·2 answers
  • Which of the following is an example of an effective persuasive speech topic for a group of elementary school children?
    6·2 answers
  • Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $8,700 of its accounts receiv
    7·1 answer
  • Holding the price level constant, a(n)______ in net exports increases the aggregate and thereby increases real gdp.
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!