When a good with equally elastic demand and supply is taxed the incidence of the tax is borne
-entirely by consumers
-entirely by producers
-by both consumers and producers
-mostly by consumers mostly by producers
Answer:
a. knowledge and skills that workers acquire through education, training, and experience.
Explanation:
Human Capital is associated with all that improves the qualification of the workers. And is important because allows the increase of productivity and thus profitability of an organization or economy.
Answer:
b. $24 per pound
Explanation:
prouct B product C differntial analysis
sales price 31 57 26
cost 29 29+24= 53 -24
contribution 2 4 2
The differential cost will be the diference in total cost for product b and c.
It is given in the assingment "additional cost of $24"
And the differential analysis prove it right.
Answer:
The correct answers are all of the above options
Explanation:
Trade is the term which is defined as the activity of exchanging, buying or selling the goods and the services among the countries, people, families, nations.
It offers the variety or range of the products which could be sold in the market in order to earn or gain profit so that could benefit the business or themselves.
So, it could be better off when applies to the trade and interactions among the families, nations and states within US.
Explanation:
Breakeven=fixed cost/selling price - variable cost
so 14,300000/380-250
14,300000/130 = 110,000 units to be able to make break even
