Less people going out and purchasing products from business so business goes down
Answer:
yes
Explanation:
The way the system works is tricky but the thing to realize is that people can always be deceitful and act different than they are.
Answer:
Several factors are driving Kristina’s and Andrew’s business decisions. Here are a few:
tax rates
availability of labor
distance to a major airport
access to highways
transportation infrastructure
Explanation:
$5,500
This is the maximum deductible contribution for people under 50 in 2016, 2017, and 2018 tax years. (For people 50 and over, the max deductible is $6,500)
Answer:
Option B
Explanation:
If the demand curve is elastic that means a small change in price will lead to greater change in the quantity demanded
On the other hand if supply curve is very inelastic that means change in price will not have grater impact on the supply.
Therefore, the burden of increase tax will be borne by buyers not on the suppliers because suppliers are less affected in this case.