1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tcecarenko [31]
3 years ago
13

Suppose that demand for smartphones is inelastic and the supply of smartphones is elastic. If the government imposes a $10 per s

martphone excise tax on the consumption of smartphones, then the price that consumers pay will
a. increase by less than $5.
b. increase by exactly $5.
c. increase by more than $10.
d. decrease by less than $5.
e. decrease by more than $5 but less than $10.
f. increase by more than $5 but less than $10.
Business
1 answer:
Sloan [31]3 years ago
6 0

Answer:

e

Explanation:

You might be interested in
What is the totality of a firm's organizational arrangements, including its formal organizational structure, control systems, in
Rainbow [258]

Answer:

Organizational architecture.

Explanation:

The organizational architecture can be defined as the structure of the company, which includes all the integrated systems of the organization, that is, all the tangible and intangible assets that make up the organizational whole.

In order to operate effectively, every organization must have an organizational architecture that enables the correct flow of processes that will assist in achieving the objectives and goals.

To assess which type of organizational architecture is appropriate for a business, it is necessary to analyze the company's systems, culture and strategy.

3 0
3 years ago
Your boss, Penny Dirks, has asked you to analyze the airline industry using Porter's Three Generic Strategies. Which of the foll
vodomira [7]

Answer:

The correct answer is A.

Explanation:

Low cost companies, such as Southwest, Horizon, Frontier and JetBlue, are already one of the first options when organizing a trip. Flying is easier and more accessible every day, partly thanks to the low prices that airlines offer us, but also more uncomfortable, so you may ask yourself: what tricks do airlines use to make flying so cheap now?

  1. Point to point routes. Low-cost companies do not offer transshipment services (network), so they save the cost of moving luggage from one plane to another and do not have to worry about the costs of connections between their routes.
  2. Staff costs. When operating point-to-point flights and only short and medium radius, low cost never pay hotels to their crews to spend the night outside the airport where they are destined. Pilots and cabin staff always return to their base. In addition, their salaries are usually lower than those of traditional airline personnel.
  3. Small airports. Operating in small airports and far from the main urban centers allows these airlines to avoid traffic jams, thus saving fuel and time.
  4. Homogeneous fleet. Low cost usually use modern fleets and similar models, allowing them significant savings in maintenance.
  5. Reduced services. These low-cost airlines do not serve meals, cut seat space and eliminate seat allocation, which saves a lot of time, but also money.
  6. Additional income. Most low-cost airlines promote a wide range of gifts and lotteries on board, which gives them significant extra income.
  7. It pays for everything. The reservation of tickets, billing at a counter and the right to carry a suitcase in the hold of the plane is paid with low-cost airlines.
  8. Less expenses at the airport. Many low cost even give up having customer service offices, replacing them with call centers that involve a high cost of calling.
  9. Public incentives. Many public administrations grant great economic aid to these low costs to prevent them from stopping to fly to their airports.
  10. Very high rotation. Companies basically care about two things: get the maximum number of flights and fill the planes to the maximum. A plane is only profitable when it is flying, so more flights, more profitability.
3 0
3 years ago
*A product cost is Group of answer choices expensed in the period in which the product is manufactured shown with current liabil
inn [45]

Answer:

expensed in the period in which the product is manufactured.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods. Manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.

Generally, a product cost or the cost associated with the manufacturing of a particular product is expensed within the period in which it was manufactured by the firm.

3 0
3 years ago
Excluding discouraged workers from the official unemployment rate may cause the official rate to the true extent of underemploym
Alenkasestr [34]

Excluding discouraged workers from the official unemployment rate may cause the official rate to Understate the true extent of underemployment.

What happens when they are reclassified as discouraged workers?

  • The measured unemployment rate will decrease if unemployed people give up.
  • When this occurs, the measured unemployment rate will momentarily increase. They will once more be listed as unemployed, which is why.
  • Because there are no discouraged employees in the labor market actively looking for a job, the labor force participation rate would fall if employed people were reclassified as discouraged workers.

(1) official unemployment rate= unemployed/(employed + unemployed)

= 6197000 / 155604000 + 6197000 * 100

= 3.83%

(2) U-4 unemployment rate= (unemployed +discouraged) /(employed +unemployed+ discouraged)

=6197000+ 434000 / 155604000+ 6197000 + 434000 * 100

= 4.09%

Excluding discouraged workers from the official unemployment rate may cause the official rate to Understate the true extent of underemployment.

To learn more about the unemployed, refer to:

brainly.com/question/3876987

#SPJ4

8 0
1 year ago
Harold and Zack have pooled their money together to buy real estate but have filed no formal papers to form a business. Harold,
Alex777 [14]

Answer: a. Partnership

Explanation:

Partnership could be defined as a process where two or more group of persons join their resources together to form a business or an investment, if it's a business, it is ran by both of them and the profit and loss realised is been shared amongst them. During partnership, the ratio of capital invested determines the ratio of profit that would be realised by the different persons. Harold and Zack combining resources to own a real estate investment is known as capital despite not signing legally for it yet.

7 0
4 years ago
Other questions:
  • You have recently graduated from college with an MBA. Upon graduation, you start working for Roosevelt Power Plant. The boss, Mr
    7·1 answer
  • Kellie wants to buy an expensive purse from a local accessory store. As a savvy consumer, Kellie wants to find an exact brand at
    6·2 answers
  • Michael is maximizing utility by consuming three colas at $3 a piece and four hot dogs. The last cola gave him 300 units of util
    11·1 answer
  • Ariana withdrew $400,000 out of her personal savings account and used it to start her new Internet cafe. The savings account pay
    6·1 answer
  • 1. What is the difference between fixed, variable, and periodic costs?
    15·1 answer
  • Suppose that an American-made pair of blue jeans has a price of $80. If the exchange rate is $0.095 = 1 peso, then a Mexican con
    10·1 answer
  • A Seattle-based software firm, Sysco, was growing rapidly and hiring frequently, but it primarily focused on campus recruiting a
    12·1 answer
  • The profession of marriage and family therapists is expected to continue growing at a rate of about
    6·1 answer
  • On May 1, Year 1, Benz's Sandwich Shop loaned $10,000 to Mark Henry for one year at 6 percent interest.
    6·1 answer
  • Organizations offer aspiring entrepreneurs in developing countries small loans to help them get their businesses started. these
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!