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Yakvenalex [24]
1 year ago
10

the burden of a tax falls entirely on sellers if group of answer choices the price elasticity of demand is unitary elastic the p

rice elasticity of supply is zero (perfectly inelastic) the price elasticity of supply is greater than 1 the income elasticity of demand is high
Business
1 answer:
nadezda [96]1 year ago
8 0

B) If the price elasticity of demand is zero, then all of the tax burdens fall on the sellers (perfectly inelastic).

<h3><u>How does price elasticity work?</u></h3>

A measure of a product's consumption change in response to a price change is called price elasticity of demand. Price elasticity is a tool used by economists to analyze how changes in a product's price affect its supply and demand. Supply has an elasticity similar to demand, and it's called the price elasticity of supply.

The relationship between a change in supply and a change in price is referred to as price elasticity of supply. By dividing the percentage change in quantity supplied by the percentage change in price, it is determined. What products are produced at what prices depends on the interaction of the two elasticities.

Learn more about price elasticity with the help of the given link:

brainly.com/question/13565779

#SPJ4

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steposvetlana [31]

The population is the 10,900 respondents to the American Time Use Survey.

Explanation & Solution:

Statistics indicate that a large number of findings with similar features are related to in the population.

A sample is a subset from which it has been extracted.

"The American Time Usage survey for 2015 provides details about how many minutes of sleep every evening are assigned to each of 10,900 survey respondents.

An SRS of 100 participants (a plain random sample) has x = 514.4 minutes on average.

The size of the U.S. Time Utilization Survey is 10,900.

7 0
3 years ago
When making a decision, only relevant items are included in the analysis of the alternatives when using ______.
sergeinik [125]

Answer:

Explanation:

When making a decision, irrelevant items are included in the analysis in both alternatives when using: the total cost approach only.

7 0
2 years ago
Jason is shopping at Hollister. Hollister has a sale: spend $100 saves 10%. If Jason buys clothes that costs $100, how much will
densk [106]

Answer:

$90

Explanation:

Hollister has an offer of 10%  savings for every purchase.

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8 0
3 years ago
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monitta

Answer:

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Explanation:

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Benefits to the issuer:

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3 years ago
Two reasons why people are hesitant to report corruption
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<span>Corruption is stealing of funds that are not supposedly owned by the stealer. In most cases, it mostly happening in institutions and organizations. People are hesitant to report corruption because (1) they would be ‘silenced’ (killed) by the person they are trying to expose or (2) they are part of the dirty job.</span>
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3 years ago
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