All categories

3 years ago

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

Business

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.

You might be interested in

BARSIC [14]

Answer: The answer is $128,000

Explanation:

$ $ $ $

Selling price. 180,000. 140,000. 120,000. 60,000

Less 10% commission 18,000. 14,000. 12,000. 6,000

-------------- -------------- --------------- -------------

162,000. 126,000 108,000. 54,000

Less cost. 128,000. 133,000. 90,000. 45,000

--------------- ---------------- --------------- ----------------

34,000 (7,000) 18,000. 9,000

Add: replacement cost 120,000. 130,000 110,000. 41,000

------------------ --------------- --------------- --------------

Inventory 154,000. 137,000. 128,000. 50,000

----------------------- ----------------- ------------------ -----------------

3 0

3 years ago

In 2013, how much money did Tesla raise via common stock offerings, net of fees and expenses?a) $515.6 millionb) $410.1 millionc

DaniilM [7]

Tesla was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.

<h3>What was the finance for?</h3>

As part of shareholder's capital, the fund was used by the firm to finance the vehicle innovations.

Hence, the firm called "Tesla" was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.

Therefore, the Option B is correct.

Read more about finance

<em>brainly.com/question/25572872</em>

#SPJ1

4 0

2 years ago

Miles is three years old and his grandparents have given him money to spend at the toy store as a birthday present. miles' numbe

g100num [7]

Answer:

<u> Fire trucks </u>

Explanation:

Assume Miles buys a set of building blocks at $50. This increases his utility by 100 units. But in $50, he can buy 2.5 units of fire trucks and his utility can increase by 80*2.5 = 200 units. In $50, he can buy 10 trains and his utility can increase by 15*10=150 units. Since by spending $50 on fire trucks Miles gets maximum utility, he will buy fire trucks.

6 0

3 years ago

Land costing $71,000 was sold for $50,000 cash. The loss on the sale was reported on the income statement as other expense. On t

Nataliya [291]

Answer:

c. $50,000

Explanation:

The investing activities of cash flow deals with the actual cash received/paid by the entity/corporation from the investing activities. Since in the given question, the actual cash received by the entity from the sale of lands amounts to $50,000, therefore the $50,000 shall be included in the investing activity section of the Cash flows from the sale of land and accordingly the answer shall be c. $50,000

4 0

3 years ago

Wang co manufactures and sells a single product that sells for 640 per unit; variable costs are 352 per unit. Annual fixed costs

Reptile [31]

Answer:

Break-even point (dollars)= $5,112,222.22

Explanation:

Giving the following information:

Selling price= $640

Unitary variable cost= $352

Fixed costs= 985,500

Desired profit= $1,315,000

<u>To calculate the sales in dollars to be sold, we need to use the following formula:</u>

Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio

contribution margin ratio= (640 - 352) / 640= 0.45

Break-even point (dollars)= (985,500 + 1,315,000) / 0.45

Break-even point (dollars)= $5,112,222.22

4 0

3 years ago