1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Jlenok [28]
3 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]3 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

You might be interested in
How does specialization benefit both producers and consumors in a free market economy?
Helen [10]
<span>Through specialization, both producers and consumers benefit. On the producer side, specialization allows producers to best use their resources in the most efficient manner possible by playing to their strengths, thus maximizing profit. On the consumer side, the fact that producers are specialized and thus efficient in their production ensures lower production costs than if products were made by less-specialized producers, translating into lower consumer-facing prices.</span>
7 0
3 years ago
Maren received 10 NQOs (each option gives her the right to purchase 8 shares of stock for $8 per share) at the time she started
bonufazy [111]

Answer:

Option (b) is correct.

Explanation:

Sale of share = NQOs received × No. of shares × Selling price per share

                      = 10 × 8 × $22

                      = $1,760

Gain realised:

= Sale of share - Basis

= $1,760 - [NQOs received × No. of shares × Selling price per share at $15]

= $1,760 - [10 × 8 × $15]

= $1,760 - $1,200

= $560

Tax paid = Gain realised × preferential rate

               = $560 × 15%

               = $84

6 0
3 years ago
Rage, a leading motor vehicle manufacturer, introduces a new superbike model. it invites proposals from independent dealers who
uysha [10]
<span>This is most likely an example of a franchise opportunity. It could also be considered to be a hybrid type of franchise where the indepenent dealers have more leeway in how the business looks and how it is run. This would be a win/win for many independent dealers as the would still be making most of the local decisions.</span>
6 0
3 years ago
What best describes a SCRUM Team​
igomit [66]

Answer: Characteristics Of A Great Scrum Team. ... Within Scrum self-organizing, cross-functional, and highly productive teams do the work: creating valuable releasable product increments. Scrum offers a framework that catalyzes the teams learning through discovery, collaboration and experimentation.

Explanation:

A Scrum Team is a collection of individuals working together to deliver the requested and committed product increments. To work effectively it is important for a Scrum Team that everyone within the team. follows a common goal.

7 0
3 years ago
ABC, Inc. a contracting business has purchased a truck costing $50,000 with a depreciable life of 5 years. Using
k0ka [10]

Answer:

it would increase

Explanation:

you pay to pay for gas and oil

8 0
3 years ago
Other questions:
  • Fois Company has two divisions, Division X and Division Y. Division X has a production capacity of 5,000 units of a particular p
    6·1 answer
  • Fred quits his job with a big accounting firm, where he was earning $95,000 per year, to start his own accounting business in a
    12·1 answer
  • The demand curve faced by a nondiscriminating pure monopoly is _____.
    11·1 answer
  • Expert systems: select one:
    12·1 answer
  • Assembly department of Zahra Technologies had 200 units as work in process at the beginning of the month. These units were 45% c
    11·1 answer
  • If you are from a family with poor money skills , chances are you will have poor money skills too. True or false?
    15·2 answers
  • Kaspar Industries expects credit sales for January, February, and March to be $220,000, $260,000, and $300,000, respectively. It
    15·1 answer
  • Dylan made a presentation on the organization of the federal government of the United States. What indicates that Dylan's presen
    12·1 answer
  • Pls help me and thank you
    12·2 answers
  • You draw and keep a single bill from a hat that contains $1, $10, $20, and $50 bill. what is the expected value of the game?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!