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otez555 [7]
3 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]3 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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Answer:

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Explanation:

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3 0
2 years ago
Which of the following is not a type of bank
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3 years ago
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Kalons, Inc. is a U.S.-based MNC that frequently imports raw materials from Canada. Kalons is typically invoiced for these goods
pantera1 [17]

Answer:

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Explanation:

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The purchase of put options is used as hedging, when price falls are anticipated in shares that are held, since by means of the purchase of Put the price is established from which money is earned. If the stock falls below that price, the investor earns money. If the share price falls, the profits obtained with the sale option compensate in whole or in part for the loss experienced by said fall.

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5 0
3 years ago
Please answer all 4 of these fast
jeka57 [31]

Answer:

15. A - Net Loss

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Explanation:

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