All categories

4 years ago

If the demand for apples is highly elastic and the supply is highly inelastic, then a tax imposed on apples will be paid:

1 answer:

6 0

A tax imposed on apples will be paid largely by THE SELLERS OF THE APPLES. The demand for apples being elastic means that small changes in price will cause large changes in quantity consumed. The supply for apples being inelastic means that the quantity supplied of apples is unaffected when the price of apple changes. This means that because of the imposed tax, the price of the apple will probably increase but since an increase in price will reduced the quantity bought, the sellers has to maintain the original price of the apples. In this case, the sellers of the apple will bear the larger parts of the imposed tax

You might be interested in

The TQM has gone through five stages in its evolution. Discuss the evolution and stages of Total Quality management process

galben [10]

The stages of the Total Quality Management are:

1. Commitment and understanding from employees:

All the employees that work in the organization are supposed to have an understanding of the TQM policies that makes them a part of the company. They should know the goals and they should be willing to work towards the success of the business.

2. Quality improvement in culture:

The culture in the organization should be a modern one in the sense that it would encourage feedback from the employees. The employees should be listened to and their ideas should be bought.

3. Continuous Improvement:

The TQM is continuous , there has to be continuous and constant improvement in policies and procedures at the management level. Research is also very important

4. Customer requirement:

The customers always require top notch service from the business. It is very important to focus on the needs of the customers. Good customer relationship is needed for survival.

5. Effective control:

There should be evaluations of the business to check performance and also to document progress.

4 0

3 years ago

An official statement has a dated date of March 1, but the first interest payment is October 15. This most likely reflects A) a

Greeley [361]

Answer:

A) a long coupon.

Explanation:

Hope this helps you :)

3 0

3 years ago

Tracy Winter works at a publishing firm in London and recently received an e-mail from the human resource department of her comp

kari74 [83]

Answer:

A) observer-ratings survey

Explanation:

Observer rating surveys are conducted in order to have a deep analysis of an individual performer that is employee for human resource management, which contains a detailed set of questions for evaluation.

Unlike self report it is more practical and valuable, as it generally relates to the honest results of evaluation of an individual.

Here, in the given instance Tracy Winter works properly observing Cindy Camp and evaluating and reporting all the things about Cindy.

Thus, correct option is:

A) observer-ratings survey

7 0

3 years ago

If consumers view the output of any firm in a market to be identical to the output of any other firm in the market, the demand c

Georgia [21]

Answer:

B. will be horizontal.

Explanation:

In the case when the firm is in the perfect competition market so here the demand curve would be horizontal as because of the same product and also the transaction cost is lesser that means if someone rise the prices so the producer would lost all its revenue

Therefore as per the given situation, the option b is correct

6 0

3 years ago

Which one of the following is a name for the range over which a company expects to operate?

Sedaia [141]

Correct Answer: Option A. Relevant range. A agency expects to function over a applicable range.

<h3>Why is willpower of a relevant vary important?</h3>

Relevant vary is vital because if you make the assumption that all of your expenses will remain constant, whether or not they are constant or variable, you may additionally make errors on your projections.

<h3>What is a combined cost in accounting?</h3>

A semi-variable cost, also recognised as a semi-fixed value or a combined cost, is a price composed of a combination of each fixed and variable components. Costs are constant for a set degree of production or consumption, and come to be variable after this manufacturing stage is exceeded.

Learn more about relevant range here:

<h3>brainly.com/question/28044915</h3><h3 /><h3>#SPJ4</h3>

4 0

2 years ago