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otez555 [7]
4 years ago
6

If the demand curve is very elastic and the supply curve is very inelastic in a market, then the sellers will bear a greater bur

den of a tax imposed on the market, even if the tax is imposed on the buyers.
A. True
B. False
Business
1 answer:
vivado [14]4 years ago
6 0

Answer:

Option B

Explanation:

If the demand curve is elastic that means a small change in price will lead to greater change in the quantity demanded

On the other hand if supply curve is very inelastic that means change in price will not have grater impact on the supply.

Therefore, the burden of increase tax will be borne by buyers not on the suppliers because suppliers are less affected in this case.

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Jolly Candies is a U.S.-based company that manufactures and distributes candy bars and snack foods globally. The company sources
Anon25 [30]

Answer:

suppliers

Explanation:

Task environment encompasses all external factors that are capable of influencing the business goals or operations of a company. These external factors include customers, suppliers, labor supply, competitors, special interest groups. Most play a major role in influencing the operations of a business, hence are duly considered by any business organizations.

The business relationship highlighted in the question above represents the suppliers dimension of the external factors or task environment, and it affects Jolly Candies operations since they rely on the raw materials supplied by South America Companies to produce candy bars and snack foods they supply globally.

4 0
4 years ago
From the following list of selected items taken from the records of Rosewood Appliance Service as of a specific date, identify t
elena55 [62]

Answer:

Explanation:

We summarize the assets and liabilities in the classified balance sheet into various types Like assets are divided into fixed assets, current assets, and intangible assets.

Liabilities are likewise divided into current liabilities, long-term liabilities The accounting equation is used in any balance sheet which means

Total assets = Total liabilities + shareholder equity

So, the accounts which are appeared on the balance sheet are shown below:

1. Accounts Payable = Current liabilities

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3. Andrew King, Capital = Stockholder equity

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5. Land = Fixed assets

6. Supplies = Current assets

7. Wages Payable  = Current liabilities

All other are related to the income statement. Therefore, ignored it

4 0
3 years ago
Safety is the responsibility of: <br> My supervisor<br> Everyone<br> My co-workers<br> Myself
ohaa [14]

Safety is the responsiblitiy of EVERYONE.

8 0
3 years ago
Read 2 more answers
Which of the following borrowing options would cost her the least? Credit card. Personal loan at bank. Student loan. Payday loan
nika2105 [10]

Answer:

Explanation:

The student loan is set up to have a very low interest rate. They are mostly in the 2 to 3 % range if you qualify. The worst is a payday loan. Those have double digit rates associated with them.

5 0
2 years ago
"For an investor seeking a tax sheltered investment, the primary advantage of a real estate direct participation program is the:
evablogger [386]

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ability of the program to generate losses for tax purposes but provide positive cash flow.

Explanation:

5 0
3 years ago
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