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Dimas [21]
3 years ago
6

The incidence of a tax is determined by which group (buyers or sellers) must actually pay the government. When demand is inelast

ic and supply is elastic, the burden of a tax falls mainly on producers. When demand is elastic and supply is inelastic, the burden of a tax falls mainly on consumers. An excise tax can distort incentives and create missed opportunities for mutually beneficial transactions.
Business
1 answer:
Bezzdna [24]3 years ago
5 0

Answer:

The incidence of a tax is determined by which group (buyers or sellers) must actually pay the government. FALSE, the real effect of taxes is measured by the price elasticity of the demand and the supply.

When demand is inelastic and supply is elastic, the burden of a tax falls mainly on producers. FALSE, when the price elasticity of demand is inelastic and the price elasticity of supply is elastic, the burden of tax falls mainly on the consumers.

When demand is elastic and supply is inelastic, the burden of a tax falls mainly on consumers. FALSE, when the price elasticity of demand is elastic and the price elasticity of supply is inelastic, the burden of tax falls mainly on the suppliers.

An excise tax can distort incentives and create missed opportunities for mutually beneficial transactions. TRUE

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Answer:

ROI = 10.5%

Explanation:

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5 0
4 years ago
When marketers use a variety of communication disciplines-advertising, personal selling, sales promotion, public relations, dire
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<u>Answer:</u>

<em>It is referred to as </em><u><em>Integrated marketing communications  </em></u>

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<u>Explanation:</u>

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3 0
3 years ago
An important basic characteristic of common stocks that makes them a suitable type of investment for the separate account of var
ziro4ka [17]

Complete Question:

An important basic characteristic of common stocks that makes them a suitable type of investment for the separate account of variable annuities is:

Group of answer choices

A) the safety of the principal invested.

B) changes in common stock prices tend to be more closely related to changes in the cost of living than changes in bond prices.

C) the yield is always higher than mortgage yields.

D) the yield is always higher than bond yields.

Answer:

B) changes in common stock prices tend to be more closely related to changes in the cost of living than changes in bond prices.

Explanation:

An important basic characteristic of common stocks that makes them a suitable type of investment for the separate account of variable annuities is changes in common stock prices tend to be more closely related to changes in the cost of living than changes in bond prices.

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3 years ago
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murzikaleks [220]

Answer:

Explanation:

Prepare a post-closing trial balance.Step 9

Prepare an adjusted trial balance.Step 6

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Journalize the transactions.Step 2

Journalize and post closing entries.Step 8

Prepare financial statements.Step 7

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