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Marizza181 [45]
3 years ago
10

Both buyers and sellers of a good are responsive to changes in the price of the product. An increase in the sales tax on the pro

duct will be paid by Select the correct answer below:
A. both buyers and sellers in exactly equal amounts.
B. mostly the buyers.
C. mostly the sellers.
D. both buyers and sellers, in similar amounts
Business
1 answer:
AlladinOne [14]3 years ago
6 0

Answer:

D. both buyers and sellers, in similar amounts.

Explanation:

Sales tax is defined as the tax that is paid to a government for the sale of certain amount of goods and services. The seller's charge the taxes to the buyer and remits it to the government.

The proportion of who bears tax burden is determined by elasticity of demand, when there is inelastic demand such as in purchase of cigerates the tax burden can be pushed to the buyers by sellers.

When the demand is elastic or there are substitutes, the tax burden is more on the seller's. They cannot push tax burden to buyers because demand will drop.

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A consumer research study conducted by Visual Effects Inc. analyzes factors, such as age, income, and stage of family life cycle
Lady bird [3.3K]

Answer:

Quantitative Research

Explanation:

It is quantitative research because the research is using numerical variables (age, income, stage of a family life cycle) to find a numerical property that is relevant to consumer behaviour (the probability of purchasing a 3D television).

Probability is measured in numerical value and is the focus of many consumer quantitative studies.

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3 years ago
Four Seasons Hotels sell private residences in several of their properties and send direct mail to prospective residents asking
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Answer:

The correct answer is Lead generation.

Explanation:

A contact or lead is any user of a web page that, at a given time, provides us with their data in a form, thus losing their condition of anonymous visit and becoming a contact on which to track.

Lead acquisition would be all those actions or processes focused on getting contacts with which to nourish our database. In an inbound marketing project it would consist of the Convert or Conversion phase.

Basic characteristics of a lead:

  • The only data that is absolutely essential is the email address.
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3 years ago
Although the lines are blurring, the "many-to-many" media transmission function is largely the domain of ___.
elena-s [515]

Answer: digital content transmitted online.

Explanation: This is a new type of communication that allows users to communicate with large audiences online simultaneously. This is done using social media platforms. This is often done in 2 ways: a platform where the audience can watch and react in real time, or a platform where the audience can only watch and listen. During a many - to - many transmission, of the people participating, each individual can post a message and each individual can receive the message. An example of this on social media right now is Instagram live.

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3 years ago
Most food service establishment before the 18th century cater to ____.
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Farmers are the only ones
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3 years ago
Read 2 more answers
Which of the following holds a company liable for negligence in the production, design, sale, or use of products the firm market
matrenka [14]

Answer:

Product liability

Explanation:

Product liability is when manufacturing company is held responsible for the quality of products they release for sale.

So for a product that is defective the company is liable and will bear the cost of product defects.

When defective products cause harm to the consumer, they can sue the company court.

Product liability law is considered as a type of personal injury law.

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4 years ago
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