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Bess [88]
3 years ago
6

Assuming a normal upward-sloping supply curve and a normal downward-sloping demand curve, if the government imposes a $5 excise

tax on leather shoes and collects the tax from the suppliers, the price of leather shoes to consumers will:
A. increase by more than $5.
B. increase by $5 increase.
C. increase by less than $5.
D. but we cannot determine by how much.
Business
1 answer:
emmainna [20.7K]3 years ago
3 0
ANSWER:

The answer is b

EXPLANATION:
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The correct answer is the option A: Diseconomies of scales.

Explanation:

To begin with, the concept known as <em>''diseconomies of scales''</em>, in the field of economics and management, refers to the situation where an organization finds itself in problems due to the fact that a large production is being produced by them and the coordination and management of that large production is beginning to cause trouble and that impacts in the fact that the company will produce good or services with an increase in the cost per unit of the products.

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A market-oriented organization targets its products at "everybody" or "the average customer."
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I’d go with false ..
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Micro Tech, Inc. made the following cash expenditures during current-year related to the development of a new technology which w
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a.$348,000

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3 years ago
Wember Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The
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Answer:

$3,515

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The computation of the catering supplies is shown below:

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Since the question is asking for planning budget so we considered the expected units in terms of jobs and meals

8 0
3 years ago
Geo Co. purchased a building for $400,000. In addition, Geo paid $35,000 for taxes and lawyer fees. Geo also paid $60,000 to mod
ycow [4]

Answer: $495,000 User “Parrain” is the person who solved this question

Explanation: ALL costs that went into the DIRECT acquisition of the asset as well as COSTS TO SET IT UP for use by the firm should be accounted for in the amount recorded. In this case that would mean that the cost price, the closing fees and the modification fees all need to be accounted in the final amount. That would be $400,000 + $35,000 + $60,000= $495,000$495,000 should be recorded as the building's cost.

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2 years ago
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