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Jlenok [28]
4 years ago
6

three-fourths of the burden, and sellers bear one-fourth of the burden. b. one-half of the burden, and sellers bear one-half of

the burden. c. two-thirds of the burden, and sellers bear one-third of the burden. d. one-fourth of the burden, and sellers bear three-fourths of the burden.
Business
1 answer:
zubka84 [21]4 years ago
7 0

The correct option is: For each unit of the good that is sold, buyers bear <u>one-half of the tax burden and sellers bear one-half of  the tax burden.</u>

<u>Explanation</u>:

Incidence of tax is a term referred in economics which deals with division of taxes. Tax incidence refers to division of tax among the buyer and seller for a product. The tax incidence is related to the price elasticity of supply and demand.

When a product is sold, the buyer of the product is charged with one-half of the tax burden and the seller of the product bears the other-half of the tax burden.

The incidence of tax can be observed in two ways:

i) Formal incidence

ii) Effective incidence

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vesna_86 [32]

Answer:

By answering more phone calls but providing worse service, you ARE being EFFICIENT but NOT <u>SATISFY CUSTOMERS' NEEDS</u>.

Explanation:

A worker's efficiency is measured by the total output per hour of labor. In this case, since you are answering more calls per hour, your efficiency is increasing (higher output per hour).

The quality of the service provided by a worker's is measured by the quality of their output (or performance), and if you satisfy your customers' needs. Since the service that you are providing is not that good, then your quality levels are decreasing.

You may be producing more services, but the services produced lack good quality.

5 0
3 years ago
Money stock Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check
yulyashka [42]

Answer:

<em>For Kenji he falls on the category M2, for Lucia it's M2, and for Eric belongs to the category of both M1 and M2 respectively.</em>

Explanation:

<em>M1 money supply comprises of  currency in physical form and coin, the demand deposit( check-able) travelers check</em>

<em> M2 money supply comprises of  Certificate deposit and M1, savings, money market funds, and time deposits for example, M2 money supply comprises   money.  that is less liquid/</em>

  • <em> Kenji has $25000 in a money market account - it belongs to the category of  M2 money supply.</em>
  • <em>  Lucia has $8000 in a two year CD, it belongs to the category - M2  which is money supply </em>
  • <em>Eric withdrew money from the bank to do laundry. The money he took will go to cash that is available or in the economy at that time or the  physical currency. these category belongs in M1. As M2 money supply contains  M1 therefore this example also belongs in M2. </em>

3 0
3 years ago
Understanding the purpose of your research project will assist you in
Phoenix [80]
I don't understand what your asking?

7 0
3 years ago
Which of the following statements is not​ correct? A. In a perpetual inventory​ system, the​ "cash register" at the store is a c
Lostsunrise [7]

Answer:

The correct option is B

Explanation:

Periodic Inventory System is an inventory accounting system that allows for the periodic update of the merchandise inventory and accounts receivable accounts in the books the seller, which means there is an assigned period for the inventory clerks to conduct any inventory counts in the company's warehouse.

Option D is false because the statement should be Merchandise Inventory or Cost of Goods Sold since Periodic Inventory System allows for a periodic update of the said accounts. so, there is no logical reasons to integrate it with the Accounts Receivable and Revenue accounts.

3 0
3 years ago
Suzie generally prepares the majority of meals for her family. Even though she always prepares meals that are high in nutrients,
Romashka-Z-Leto [24]

The correct question should be:

Suzie generally prepares the majority of meals for her family. Even though she always prepares meals that are high in nutrients, she tends to make the same meals repeatedly. Which characteristics of a healthful diet is missing from Suzie's meal planning

Answer: Variety.

Explanation:

Suzie's meals lack variety although they are highly nutritional. Variety simply means to have different options or the absence of monotony. Suzie needs to create more types of meals rather than stick to a single pattern of meal.

7 0
3 years ago
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