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lidiya [134]
3 years ago
9

The incidence of an excise tax depends on the price elasticity of the taxed good's supply and demand curves. The economic entity

with the least flexibility in terms of their production and consumption substitutes incur the largest burden of excise taxes._____________
Business
1 answer:
docker41 [41]3 years ago
5 0

Answer:

True

Explanation:

An excise tax is a tax levied on the consumption of a specific product or service. If the price elasticity of demand of a product that is affected by a excise tax is lower than -1 (price elasticity of demand is usually negative), the quantity demanded for that product will be seriously affected (will decrease significantly) by the excise tax.

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Broker Bill has several agents in his employ. Agent Smith, an "S-Corporation" himself, has his commission checks written out to
algol [13]

Answer:

C. managing broker over Agent Smith

Explanation:

a managing broker is someone is  held liable over the actions of another broker office or agency that act on the managing broker's behalf. Thse office or agnecy are allowed to act without direct order from the managing broker, but managing broker will be the one that receive all the consequences.

All the profit that is made by managed entity (in this context agent smith) will have to goes to managing broker first and the managing broker will share the profit on a private term with Agent Smith.

In return, the managing broker will have to ensure that all of the agents that he/she has under disposal have to follow the compliance rule that is made by the government. He will manage the licence and annual tests of the agents in order to ensure consumer safety.

3 0
3 years ago
Jack can drink a cup of tea sweetened with a spoonful of white sugar or two spoonful of brown sugar. Use the concept of Indiffer
dimulka [17.4K]

Answer:

Subtition rate is 234 it this math pls answer

7 0
3 years ago
Two industries that have the same four-firm concentration ratio can have significantly different herfindahl indexes. A. TrueB. F
NNADVOKAT [17]

True Two industries that have the same four-firm concentration ratio can have significantly different Herfindahl indexes.

What is Herfindahl indexes?

The Herfindahl-Hirschman Index (HHI), a popular indicator of market concentration, is frequently used before to and after merger and acquisition (M&A) deals to assess market competitiveness.

The index gauges a company's size in relation to the size of the industry it operates in as well as its level of competition. The market share of each company that competes in a market is squared, and the resulting values are then added to determine the HHI. Its values can range from almost 0 to 10,000, with lower numbers denoting a less crowded market.

A widely used indicator of market concentration is the HHI. It is determined by squaring the market share of each company that is engaged in market competition and then adding the resulting figures.

to learn more about Herfindahl indexes click:

brainly.com/question/15701307

#SPJ4

3 0
1 year ago
What advice would you give a friend who would like to become an editor in the advertising and
Kobotan [32]

Answer:

um just tell them that to do what they are better

Explanation:

5 0
3 years ago
Read 2 more answers
Allison has a horse stall cleaning business that has been growing rapidly since she started it three years ago. She estimates th
Reil [10]

Answer: 13.2%

Explanation:

Given data:

No of stores in the market = 5000

No. of store owners = 2000.

Allison charges = $8/month

Sam charges = $8/month.

Solution:

The market penetration rate would be calculated based on potential customers.

Using our general formula,

Market penetration=Numbers of customers who purchased Allison derived sales and Sam derived sales /Total potential population

Where,

Total potential population=1,500

•Allison derived sales = 129 customers

•Sam derived sales = 69 customers

•Numbers of customers who purchased Allison derived sales and Sam derived sales=129 customers+ 69 customers

•Numbers of customers who purchased Allison derived sales and Sam derived sales =198 customers

Let’s input this into our general formula.

Market penetration

= 169 customers/1,500

= 0.132*100

= 13.2%

The market penetration rate based on potential customers is 13.2%

8 0
3 years ago
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