Answer:
Here all of these options are wrong , the correct answer is regardless of how the tax is levied the burden of tax would be shared by both the seller and buyer.
Explanation:
Tax can be said as primary source of income for the government. When a tax is levied on the goods , the burden of that would have to be bear by both buyer and seller , irrelevant of how that levied . If the taxes are high then the demand by buyer would be less and seller would receive low price because less people would buy and n the case where taxes are low demand would be high and seller would receive high prices ,in both cases tax would be levied on both seller and buyer and how much it would be depends upon the elasticity of demand and supply. So all the statements given here are false or invalid.
Answer:
I would like to become a multi-millionaire of course
Explanation:
I'll invest all my money in a stock I have researched then hope my life hasn't been destroyed by it. Reasearch by watching the way the stock market treats it on special occasions like christmas,and then again on days like weekends.
Answer:
B. Wages tend to be inflexible downward
Explanation:
Wages are flexible if they react to changes in demand and supply. Profitability determines demand and supply level for wages. Flexibility in wages means that If the economy is performing well, companies should compensate their employees better.
Wage inflexibility implies that wages will not respond to changes in demand and supply. Wages do not rise or fall if the marginal productivity of labor increases or decreases. Wage contracts are agreements that tend to set compensation for workers regardless of their output. Minimum wage is a regulatory requirement that demands workers not to be paid below a set rate. Wage efficiency recommends higher than market rate compensation to motivate productivity.
The three factors do not advocate for wages to be pegged on productivity.
<span>Production must go on. If the usual workforce is on strike or refusing to to work employers may look for other options. During this period black workers would also demand lower wages, so the employer would actually save some money on production.</span>
