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
m_a_m_a [10]
3 years ago
5

The price elasticities of supply and demand affect A. the tax incidence but not the size of the deadweight loss from a tax. B. b

oth the size of the deadweight loss from a tax and the tax incidence. C. the size of the deadweight loss from a tax but not the tax incidence. D. neither the size of the deadweight loss from a tax nor the tax incidence.
Business
1 answer:
stira [4]3 years ago
4 0

Answer:

B. both the size of the deadweight loss from a tax and the tax incidence

Explanation:

The price elasticities of demand & supply are : buyers' & sellers' - demand & supply responsiveness to price change.

On levy of indirect tax - whose burden can be shared between buyers & sellers ; it affects tax incidence & deadweight loss both :-

  • More tax burden shifts on buyers if demand is more inelastic, more tax burden shifts on sellers if supply is more inelastic.
  • Deadweight loss is the effect of tax re allocation,  benefitting neither of consumer surplus, producer surplus, government revenue. It is less when demand &, or supply are more inelastic

You might be interested in
Demand is created through meeting customer buying criteria, credit terms, awareness (promotion) and accessibility (distribution)
LenKa [72]

Answer:

hello the Thrift segment customers table is missing hence i will give you a general guideline to the correct answer

answer : Of all the products listed, the product with the highest survey score in the month of December is the most competitive at the end of last year.

Explanation:

The product that was the most competitive at the end of last year is the product with the highest survey score for the month of December. this is because the more competitive a survey score of a product is, it signifies that  more customers are interested in the product and that will make the product very competitive in the open market

7 0
3 years ago
Khandi gives a presentation to advocate that her employer, Let-Us Ltd., which offers services such as personal shopping and even
Sladkaya [172]

Answer:

A). She cites a personal services company in another city that increased its business by adding dog walking to its services.

Explanation:

PREP method is demonstrated as the effective method or approach of presentation or speech that consists of four steps: 'P stands for 'point'(statement of claim), 'R stands for 'reasons'(explanation of the point), 'E stands for 'examples or evidence'(to support the claim), and lastly, 'P stands for point('justification and restatement of the claim').

According to this method, option A i.e. 'She cites a personal services company in another city that increased its business by adding dog walking to its services' reflects the third step that Khandi uses for her presentation. <u>This citation would not only support her claim but also establish the credibility of her claim</u> while the next step would prove how her claim is justified. Thus, <u>option A</u> is the correct answer.

7 0
3 years ago
1. Spending plans are decisions about how you spend your allowance. True / False
Arte-miy333 [17]

Answer:

True

Explanation:

When you have an amount of money allotted to you its good to come up with a plan on how to spend it efficiently.

6 0
3 years ago
Read 2 more answers
Q: Lisa sells 10 bottles of homemade ketchup for $10 each. The cost of the ingredients, the bottles, and the labels was $70. In
bija089 [108]

Answer:

Accounting Profit = $100

Economic profit = $80

Explanation:

Given that

Sales = 10

Cost = $10

The calculation of accounting profit and economic profit is shown below:-

Accounting Profit = Sales × Costs

= 10 × $10

= $100

For calculating accounting profit we simply multiply sales with costs.

Economic profit = Accounting profit - Opportunity cost

= $100 - 2 × $10

= $80

For calculating the economic profit we simply deduct the opportunity cost from accounting profit.

5 0
3 years ago
The _____ of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for th
VLD [36.1K]

According to business management roles, the "financial manager" of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.

This is because the financial managers are the individuals in a firm whose role or responsibility is to ensure that the organization is functioning well financially.

Their roles usually involve providing the financial guidance, developing financial reports, making direct investment activities, etc.

Hence, in this case, it is concluded that the correct answer is "Financial Manager."

Learn more here: brainly.com/question/24859434

7 0
2 years ago
Other questions:
  • Minden company introduced a new product last year for which it is trying to find an optimal selling price. marketing studies sug
    14·1 answer
  • Exercise Bicycle Company is expected to pay a dividend in year 1 of $1.20, a dividend in year 2 of $1.50, and a dividend in year
    5·1 answer
  • Which option will send a response to everyone who received the original message?
    10·1 answer
  • A primary role of​ ________ is to describe how choices are​ made, analyze the results of those​ choices, and advise on how bette
    11·1 answer
  • For the purpose of process analysis, which of the following measures would be considered an appropriate flow unit for analyzing
    10·1 answer
  • 20. Which of the following is not a difference between monopolies and perfectly competitive markets? a. Monopolies can earn prof
    8·1 answer
  • A mobile veterinary business, preferred pet care, inc., created a mission statement long before it opened its doors for business
    7·1 answer
  • By the end of the accounting period, employees have earned salaries of $650, but they will not be paid until the following pay p
    11·1 answer
  • The investment and capital spending boom of the late 1990s most likely resulted in a(n):_______
    5·1 answer
  • Retailers handle the financial exchange when a customer pays for a product. This is an example of the ________ function of chann
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!