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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

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Antonia runs her own business as a cabinetmaker. What benefit and what drawback does her sole proprietorship entail?. . Control
alina1380 [7]
The answer to the question is the third option, "Total control, but total liability". The decisions made regarding the business in sole proprietorship is mainly based on the thinking of one owner, in this case Antonia. In similar manner, all the liabilities are also hers. 
6 0
3 years ago
A product has annual demand of 100,000 units. The plant manager wants production to follow a four-hour cycle. Based on the follo
vova2212 [387]

Answer: The options are given below:

A. $18.00

B. $1,036.80

C. $2.00

D. $7.20

E. $64.00

The correct option is D. $7.20

Explanation:

From the question above, we were given:

Annual demand = 100,000 units

Production = 4 hour cycle

d = 400 per day (250 days per year)

p = 4000 units per day

H = $40 per unit per year

Q = 200

We will be using the EPQ or Q formula to calculate the cost setup, thus:

Q = √(2Ds/H) . √(p/(p-d)

200=√(2x400x250s/40 . √(4000/(4000-400)

200=√5,000s . √1.11

By squaring both sides, we have:

40,000=5,550s

s=40,000/5,550

s=7.20

4 0
3 years ago
Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2019, current
AlekseyPX

Answer: $‭412,600‬

Explanation:

AFN = Increase in assets - Increase in Liabilities - Addition to Retained Earnings

Increase in Assets

= 5,000,000 *  15%

= $750,000

Increase in Liabilities

Only use Accruals and Accounts Payable

= (450,000 + 450,000) * 15%

= $135,000

Additional to Retained Earnings

= After tax Profit

= 9,200,000 * 4%

= $368,000

Addition to retained earnings = 368,000 * ( 1 - payout ratio)

= 368,000 * ( 1 - 45%)

= $202,400‬

Additional Funds Needed (AFN) = 750,000 - 135,000 - 202,400

= $‭412,600

8 0
3 years ago
Describe and evaluate what Pfizer is doing with its PfizerWorks. 2. What structural implications—good and bad—does this approach
8090 [49]

Answer: Pfizer is the world's largest pharmaceutical firm that's has a wide range in research. Most of their work is dependent on research they carry out, strategies they have developed from the research and innovation they put in place.

Explanation:

Pfizer is the world's largest pharmaceutical firm that's has a wide range in research. Most of their work is dependent on research they carry out, strategies they have developed from the research and innovation they put in place.

They look at making a concept in the future where they would work remotely and connect with workers in any where in the world and share information.

This arrangement would work for many other firms, as most firm have started planning towards working remotely, and many have started out the process already.

Organizational structure has a big role to play in the efficiency of an organization, it depicts the work flow from the top to the bottom, what each department is doing, who guides them and how they can do better.

3 0
3 years ago
True or false: A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over
weqwewe [10]
<span>The statement "A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less" is true.

The statement "Buying a single company's stock usually provides a safer return than a stock mutual fund" is true.</span>
4 0
3 years ago
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