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3 years ago

12

Compared to consumers, producers will lose the lesser amount of surplus from a tax if:

1 answer:

sveticcg [70]3 years ago

8 0

Answer: Supply is more elastic than demand

Explanation:

Elastic demand means if there is an increase in price then the quantity demanded will decrease. Percentage change in price results in a percentage change in quantity.

If supply is more elastic then that would mean the producers are getting affected. Because a change in price would affect the quantity demanded and hence would affect the supply of the product. Taxes would mean the producers would have to increase the price of the product hence, affected producer surplus and decreasing the demand of the product.

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Mr. Ananta Jalil has received a job offer from a large investment bank as an assistant to the vice

Nookie1986 [14]

The present value of the offer is $145,466.83

<h3>What is the present value?</h3>

The first step is to determine the present value of the growing annuity. The formula that would be used is:

$\frac{P}{r - g}$ x $[1 - \frac{1 + g}{1 + r} ^{n} ]$

Where:

p = base salary
r = discount rate
g = growth rate
n = number of years

$35,000 / (0.12 - 0.04) = 437,500

1 - (1.04/0.12)^5 = 0.31

0.31 x 437,500 = $135,466.83

Present value = $135,466.83 + $10,000 = $145,466.83

6 0

2 years ago

A(n) ___________ is the development of a product that is closely related to one or more products in the existing product line bu

Nutka1998 [239]

Answer:

b) line extension

Explanation:

this is definition so I can't tell you any clearer.

if you wish to deeper on what is line extension, I suggest you to read more in this link https://en.wikipedia.org/wiki/Product_line_extension

5 0

4 years ago

A pair of shoes costs $25 to make. This means that you need to charge a price of at least _____ just to cover your costs.

Musya8 [376]

Answer:

if you just want to cover your costs you would have to charge 25 dollars for it if you dont want to make a profit

Explanation:

7 0

4 years ago

Read 2 more answers

When a computer answers your phone call to a utility company and asks you to tell it why you are calling, that computer is using

Vitek1552 [10]

A natural language is been used when a computer answers your phone call to a utility company.

<h3>What is natural language?</h3>

A natural language serves as human language which could be English which us different from constructed language or machine language.

Therefore, When a computer answers your phone call to a utility company , a natural language will be used instead of machine language.

Learn more about natural language at;

brainly.com/question/25689052

7 0

3 years ago

Dave's Duds reported cost of goods sold of $2,000,000 this year. The inventory account increased by $200,000 during the year to

Nookie1986 [14]

Answer:

a. $2,200,000

Explanation:

We solve considering the inventory identity:

$$$Beginning Inventory + Purchase = Ending Inventory + COGS$

$$$ Purchase = (Ending Inventory - Beginning Inventory) + COGS$

the difference during the year means the difference between ending and beginning inventory was of 200,000

So we plug that into the formula and solve

$$$ Purchase = +200,000 + 2,000,000$

Purchase 2,200,000

4 0

3 years ago