Two taxes on employers, two taxes on employees, OASDI and HI taxes and taxes on the net earnings of the self-employed
The role is to advertise and sell the product and persuade the buyer to buy ! I think that’s it
Answer:Revolving Credit. Charge Cards. Installment Credit. Non-Installment or Service Credit
<span><span>1.
</span>With the rise in the cost of machinery or raw
materials, the good becomes more expensive to produce. So the correct option
for this question is option “c”. The cost of machinery and raw materials are
directly proportional to the increase in cost of any goods.</span>
<span><span>
2.
</span>The introduction or advent of new technology lowers
cost and increases supply. So for this question the correct option is “b”. New technology
always helps to increase the production with lowering of cost and that is the
reason behind adopting new technology. </span>
Answer:
demand; inelastic
Explanation:
Price discrimination is when a seller charges different prices for the same product in different markets. Price discrimination is usually practised by monopolists. The aim of price discrimination is to eliminate consumer surplus.
A seller would usually charge a higher price to a consumer whose demand is price inelastic. This means that the quantity demanded is less sensitive to changes in price.
If the seller charges a higher price to a consumer whose demand is price elastic, the consumer would reduce the quantity demanded as a result of the rise in price and the total revenue of the seller would fall.
I hope my answer helps you
