All categories

3 years ago

When a good with a perfectly inelastic demand is taxed, the incidence of the tax is borne:

Business

1 answer:

velikii [3]3 years ago

4 0

Answer:

Option (C) is correct.

Explanation:

The goods with a perfectly inelastic demand with any changes in the prices of the commodities are generally have no effect on the demand for a good. This means that if there is an imposition of tax on the good with a perfectly inelastic demand then this will lead to increase the price level by the full amount and therefore, the incidence of this tax is fully borne by the consumers.

You might be interested in

Kellie wants to buy an expensive purse from a local accessory store. As a savvy consumer, Kellie wants to find an exact brand at

Deffense [45]

Answer:

An ONLINE TO OFFLINE STRATEGY

Explanation:

An online to offline strategy is a business strategy that is mostly utilized by some organizations to bring customers from the internet and many online platforms to come down to their physical shops and stores and make their purchases. It simply involves the ability to identify potential customers over the internet and other online platforms and then make judicious use of a lot of avenues, ways, and approaches through discounts and the likes to tempt or attract these identified potential buyers to now come over and buy from their stores and physical locations.

Now, Kellie who wants to find and buy the best brand at the right price can only be located and engaged through out her customer journey by an accessory store from the time she begins her research (online) to the time she would now make the actual purchase (offline) only if the store makes use of the ONLINE TO OFFLINE STRATEGY.

4 0

3 years ago

Read 2 more answers

You have just determined the actual number of workstations that will be used on an assembly line to be 8 using the assembly-line

Alexandra [31]

Answer:

d) 0.750

Explanation:

The computation of the correct value for the resulting line's efficiency is shown below:

Efficiency = All task times sum ÷ (Actual number of workstations × cycle time)

where,

All task times sum is 60 minutes

The Actual number of workstations is 8

And, the cycle time is

Since 600 seconds = 10 minutes

And 1 minute = 60 seconds

So, the cycle time would be

= 600 ÷ 60

= 10 minutes

Now placing these values to the above formula

So, the resulting line's efficiency is

= 60 ÷ (8 × 10)

= 60 ÷ 80

= 0.750

8 0

3 years ago

Menlo Company distributes a single product. The company’s sales and expenses for last month follow: sales 616,000 net operating

DerKrebs [107]

Answer:

Explanation:

Giving the following information:

The company’s sales and expenses for last month follow: sales 616,000 net operating income 31,200

Break-even point= fixed costs/ contribution margin

Break-even point (dollars)= fixed costs/ contribution margin ratio

Contribution margin= selling price - unitary variable cost

Contribution margin ratio= contribution margin/ selling price

6 0

3 years ago

Assume Gillette Corporation will pay an annual dividend of 0.61 one year from now. Analysts expect this dividend to grow at 11.5

SashulF [63]

Answer:

I'm so sorry but I do not know the answer to these kind of a question : )

8 0

1 year ago

2. Zach filed his individual federal tax return for the year ending December 31, 2018 on April 15, 2019 and he owed $25,000. As

jeyben [28]

Answer:

$26,125

Explanation:

[($25,000 x 0.005) x 9 + $25,000]

=$26,125

Zach owe $26,125 as of December 31, 2019 because he did not fail to file - he failed to pay. Hence he owes the 0.5% per month or part of a month failure to pay penalty plus the already outstanding tax amount of $25,000 that he owed.

4 0

4 years ago