Answer:
See explanation section
Explanation:
Export - When a country ships its domestic products (Goods and Services) to another country, after meeting the demand of the domestic people, for processing, using, and selling those, the term refers to export.
Import - When a country brings other countries' products in order to fulfill the demand of its population, it is coined as an import.
Balance of Trade - When there is a difference between the country's net monetary value of exports and imports, it is called the balance of trade. If export exceeds the import, there will be a trade surplus. On the other hand, when import exceeds the export, there will be a trade deficit.
Answer:
U.S. Tax Burden on Cola:
The amount of the tax on a case of cola is $4 per case. Of this amount, the burden that falls on consumers is $1 per case, and the burden that falls on producers is ___$3______ per case.
The effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers.
a. True
b. False
Explanation:
The tax burden on consumers, which is represented by the difference in the price of cola from $5 to $6 per unit is $1 ($6 - $5). However, the cash received by producers reduced by $3 from $5 to $2. This shows that the total tax burden on both consumers and producers is $4 ($1 + $3).
This represents a total tax burden of $4 or about 67% based on the new selling price of cola or 80% based on the old selling price of cola.
"The effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers alone. This because the price of cola would have increased to $9 per unit. Since the demand for cola in this instance is elastic, this change in price would have caused a more than 80% change in the quantity demanded.
What? This is a little confusing
Answer: Buyer motivation could be described as factors(mind related) that are behind a customer's decision of purchasing an item.
Explanation:
Buyer motivation could be described as factors(mind related) that are behind a customer's decision of purchasing an item. Every customer buying an item will consider a lot of things before getting one, although this varies compared to other person's. Some may buy out of a need, others a want, some panic buy. They all vary. Buying is more of a physiological thing than any other thing.
Answer:
From the given options, I strongly believe the answer to be A.
Explanation:
Lets break down the options more clearly now.
Option B can't be true. In fact, it is ridiculous! How can you practice etiquette by being stubborn?
Option C is, well, No! Making more money won't help you to succeed in practicing business etiquette. In fact there are a lot of individuals who has made a lot of money through unethical business practices!
Option D is irrelevant.
Option A however, is highly suitable. You be courteous, polite and Ethical. and also you are thoughtful, cautious and rational in your decision making. that is a proven formula to succeed in any business environment!
