Answer:
It can be concluded about the elasticity of demand and supply prices that supply is more elastic than demand
Explanation:
Price in the market is determined by demand and supply, it is measured in terms of the variables quantity and variables price. When a tax is placed on a product, it generate a change in the market equilibrium, this is because buyers pay more and sellers receive less.
Therefore, a tax causes the supply curve to move up and the demand curve to move down.
To know the distribution of tax, the incidence is measured through the elasticity of the supply and demand curve, which measures the sensitivity of the quantity, demanded of products before a price change.
If the supply curve is more elastic than the demand curve, this is because when the price paid by consumers increase more than the price the sellers receive decreases, the impact of the tax is stronger for consumers.
The total tax on a unit of bottled water =
$2.50 - $2 = $0.50
$2 - $1.75 = $0.25
$0.15 + $0.25= $0.75
Answer:
the third one.............
Answer:
The correct answer is:
Calculate the cost of goods transferred to finished goods inventory during the period.(A)
Explanation:
Cost of Goods Manufactured (COGM) is the total cost of production for a company, during a period, and it is the total cost incurred in manufacturing goods and transferring goods to finished inventory.
Knowing the cost of goods manufactured is used to make managerial decisions because it tells whether the manufacturing costs is too high or too low relative to the selling price of a good, hence it can be used to adjust some components such as direct labor, direct materials, overhead etc.
Answer:
The solution to the given problem is provided below.
Explanation:
Cash (1 million shares x 29) 29 mil
Paid- in capital – share repurchase (difference ) 7 mil
Treasury stock (1 million shares x 22 ) 22 mil
Answer:
B. A compound interest account
Explanation:
The option that would most help Patrick to meet these increases is the compound interest account
Compound interest accounts are those that calculates interest on the initial principal, which also includes all of the accumulated interest of previous periods of a deposit. Hence compound interest can be thought of as “interest on interest,” and will make a sum grow at a faster rate than simple interest, which is calculated only on the principal amount.