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Evgesh-ka [11]
3 years ago
9

What determines how the burden of tax is divided between buyers and sellers? Why?

Business
2 answers:
Artemon [7]3 years ago
6 0

Answer:

Explanation:

Taxation is the means by which the government  gets most of its  revenue so it is the duties of private or publicly owned organizations and also the citizen to pay their taxes used by the government to fund all its projects. the taxes generated by the government are then divided among buyers and sellers.

The elasticity of demand is the main determinant of how burden of tax is divided between buyers and sellers.

velikii [3]3 years ago
6 0

Answer:

The elasticity of demand and the elasticity of supply decides how the tax burden is divided among the supplier and the customer.

Explanation:

Elasticity refers to how sensitive the demand or the supply is comparatively to relative changes in the price. This is the major factor that decides the change in the demand and supply once the price increases as a result of the taxes.

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Rachel's Recordings reported net income of $270,000. Beginning balances in Accounts Receivable and Accounts Payable were $17,000
Cloud [144]

Answer:

Cash flow from operating activities 284,500

Explanation:

net income                                    270,000

change in AR

17,000- 9,500  =           7,500(A)

change in AP

28,000 - 21,000 =        7.,000(B)

total change in working capital        14,500

Cash flow from operating activities 284,500

(A)

The account receivable decrease over time this means the account were collected, whch increase cash

(B)

The account payable increase, which means the company receive cash or delay the payment of cash for this period of time. Therefore, the cash increase.

3 0
3 years ago
Discuss the negative effect of technology on work-life balance
Svetllana [295]
It can lead to burnout, low performance, stress leave,sick leave
8 0
2 years ago
the relationship between the factors of production used by a firm and the maximum output possible is called the
elena-14-01-66 [18.8K]

In economics, a factor of production, resource, or input is what is used in a production process to produce products, i.e. goods or services.

The amounts of various inputs used determine the amount of output according to a relationship known as the production function. The relationship between the inputs a firm uses and the maximum output it can produce with those inputs is called the firm's production function. Factors of production are outputs or inputs used to produce goods and services. They are the resources a business needs to make a profit by producing goods and services. Factors of production fall into four categories: Land, Labor, Capital, Entrepreneurship.

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brainly.com/question/27028012

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3 0
1 year ago
An investment counselor calls with a hot stock tip. He believes that if the economy remains​ strong, the investment will result
mixer [17]

Answer:

6,000

Explanation:

The expected value from this investment can be calculated by possible values for random variables by multiplying them by their probability

DATA

Strong  = 30,000   , probability = 30%

Moderate = 10,000 , probability = 60%

Weak = -30,000 , probability = 10%

Calculation

Expected profit = Values x Probability

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Expected profit = 6,000 + 6,000 -6,000

Expected profit = 6,000

7 0
3 years ago
In economics, what is logrolling?
nadezda [96]
In economics, Logrolling is a trading of favors. Usually this is done in legislative members in which they trades to get the favor of the other members.
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I am running for a certain position, In order to get the highest vote, I will talk to the other members to vote me in exchange to their favors.
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3 years ago
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