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3 years ago

Sellers of a good bear the larger share of the tax burden when a tax is placed on a product for which the:

Business

1 answer:

fenix001 [56]3 years ago

5 0

Answer:

The correct answer is option ii.

Explanation:

In the case of imposition of tax on a good, the suppliers will bear the greater share of burden if the demand is more elastic than the supply.

The imposition of tax leads to an increase in the price of the product. If the demand is more elastic, the quantity demanded will decrease to a greater extent with the increase in price.

The supply being less elastic will change to a smaller extent, thus a greater tax burden will be borne by the suppliers.

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In the neoclassical model, the as curve shifts to the right over time as_______________________ and potential gdp expands.

Zepler [3.9K]

In the neoclassical model, the as curve shifts to the right over time as productivity increases and potential GDP expands.

Potential GDP is the theoretical component where labor and capital are at the highest sustainable rates (i.e. H. at rates consistent with steady growth and steady inflation.

Potential is the maximum ideal output of an economy with a high GDP and maintaining currency and product price stability. Gross Domestic Product (GDP) is the amount of output that an economy could produce given a constant rate of inflation, but the price of rising inflation causes an economy to temporarily produce above its potential level of production. maybe performed.

Learn more about potential GDP here: brainly.com/question/13824314

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11 months ago

All of the following will help you safely cool foods EXCEPT:

Tpy6a [65]

Answer: C

Explanation: PLATO USERS ONLY

7 0

3 years ago

Which legal form of business ownership does the government have the most control in?

kirill115 [55]

Answer:

i am not sure for the first one, but for the second its a corporation

Explanation:

there are a lot of regulations connected with corporations and the taxation of these organizations

5 0

3 years ago

Read 2 more answers

Smaller bags of items are generally priced lower per unit than larger bags.

Pepsi [2]

<span>B. FALSE yes
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3 0

3 years ago

You purchased two WXO 30 call option contracts at a quoted price of $.35. What is your net gain or loss on this investment if th

tekilochka [14]

Answer: $670

Explanation:

Since the quoted price of $.35, the cost to purchase two WXO 30 call option will be: = $0.35 × 2 = $0.70

Then, the price of RADM 30 call option contract will be calculated as;

= $33.7 - $30

= $3.70

The net gain on one RADM 30 call option will then be:

= $3.70 - $0.35

= $3.35.

Therefore, the net gain on 2 RADM30 call options will be:

= $3.35 × 2

= $6.70

Since there are 100 shares in a option contract, the gain will be:

= $6.70 × 100

= $670

3 0

2 years ago