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garik1379 [7]
3 years ago
11

If the government removes a tax on sellers of a good and imposes the same tax on buyers of the good, then the price paid by buye

rs will:A) increase and the price received by sellers will increase. B) increase and the price received by sellers will not change. C) not change and the price received by sellers will increase. D) not change and the price received by sellers will not change.
Business
1 answer:
svetoff [14.1K]3 years ago
4 0

Answer:

D) not change and the price received by sellers will not change

Explanation:

If the government removes a tax on sellers of a good and imposes the same tax on buyers of the good, the net amount sellers receive doesn't change. The quantity of goods that are sold also remains the same.

So, price paid by buyers will not change and the price received by sellers will also not change

You might be interested in
The introduction of ________ has greatly simplified trans-shipment between various modes of transportation. Group of answer choi
ozzi

Answer:

a. containerization

Explanation:

The containerization is defined as the system which uses intermodel containers for freight transport. By this methods, each container is considered an unit of product instead of smaller parts. The transport between shipment methods would be facilitated without affecting to commodities inside each containers. In addition, when many products are in the containers, the quantity of parcel can be easily controller. The standardized dimensions of containers used can help the exporter, importer or transporter easily make plan about shipment by different means.

4 0
3 years ago
Suppose that many people who earn a living raising cows decide they can make more money selling t-shirts and switch occupations.
zimovet [89]

Answer:

B. There will be a decrease in supply.

Explanation:

The switch would cause the amount of cow rearers to fall. The amount of cow available would fall and there would be a decrease in the supply of beef.

I hope my answer helps you

5 0
3 years ago
During 2022, Oriole Company sold equipment with a book value of $158400 for proceeds of $191400. The company purchased new equip
kramer

Answer:

Cash Inflow of $191,400

Explanation:

There are three types of activities in the cash flow statement which are described below:  

1. Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.  

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

In the given case, the sale proceed of equipment is consider in the investing activity i.e $191,400

5 0
3 years ago
Any effort by the Federal Trade Commission (FTC) to evaluate expected deceptive marketing practices would be seriously flawed be
Llana [10]

Answer:

True

Explanation:

This is true because the Federal Trade commission(FTC) analyze and investigate a seller or sellers who may be so cooperative as to make agreements that ensure large amounts of profit for them which is likely harmful and exploitative to consumers . FTC investigates business mergers which may be horizontal or vertical that are likely done for the purpose of increasing market share and fostering a sort of monopoly of the market. However, mergers and cooperation among businesses in the market do not always yield a monopoly and the FTC may be wrong(sometimes) to wave mergers that could increase the quality of goods or services in a market

7 0
2 years ago
A firm’s management analyzes financial statement’s so that: a. they can get feedback on their investing, financing, and working
Zepler [3.9K]

Answer:

d. a and b

Explanation:

A firm’s management analyzes financial statement’s so that:

Evaluating company's performance, by analyzing the financial statements in respect of various areas of financing, investing and operating activities, and then comparing the performance with past records and industries of same category.

Further the firm's management is responsible to take decision of dividend, and return to be paid to equity and various other stakeholders, thus both options a and b are correct.

Correct answer

d. a and b

7 0
3 years ago
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