Answer:
The buyers will pay the greater share
Explanation:
The burden of tax falls on the person with the less elasticity of demand or supply.
If demand (supply) is elastic, a small change in price has a greater effect on the quantity demanded (supplied).
If demand (supply) is inelastic, a small change in price has little or no effect on quantity demanded (supplied).
If demand (supply) is perfectly inelastic, price has no impact on the quantity demanded (supplied).
If supply is neither perfectly elastic nor perfectly inelastic, it means supply could either by elastic or inelastic. Demand on the other hand is highly inelastic, so consumers bear the greater burden of tax.
I hope my answer helps you
The given statement "college graduates with history or literature as their major tend to earn more than those who choose more quantitative disciplines like economics" is False.
<h3>Why college graduates of literature tend to earn less than graduates of quantitative disciplines?</h3>
- Liberal arts majors make up a sizable portion of the regretters, who might be reacting to ubiquitous social cues. As of 2021, approximately half of humanities and arts majors are experiencing buyer's regret.
- The least amount of remorse comes from engineering majors. In general, people who majored in STEM fields—science, technology, engineering, and mathematics—are far more confident in their decisions than people who majored in social sciences or technical fields.
- Since 2016, which is the earliest year for which we have consistent data, regrets have stayed largely stable. The most noteworthy exception saw an increase in regrets from below-average before the epidemic to above-average in 2021 for education.
- On the other hand, regret has been steadily and significantly declining in the life sciences.
Learn more about the Qualitative studies with the help of the given link:
brainly.com/question/11146616
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Answer:
A college degree
Explanation:
College life is very likely
Answer:
D) 19,520
Explanation:
The company uses a last-in-first-out (LIFO) inventory flow assumption. Given these facts, the number of units of product in the beginning inventory last year must have been:D) 19,520
The answer is To give a sense of luxury
