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Shalnov [3]
4 years ago
14

Sellers of a product will bear the larger part of the tax burden, and buyers will bear a smaller part of the tax burden, when th

e a. tax is placed on the sellers of the product. b. tax is placed on the buyers of the product. c. supply of the product is more elastic than the demand for the product. d. demand for the product is more elastic than the supply of the product.
Business
1 answer:
maw [93]4 years ago
8 0

Answer:

The correct answer is the letter d. Demand for the product is more elastic than the supply of the product.

Explanation:

Demand elasticity measures the change in quantity demanded due to changes in prices. Supply elasticity, on the other hand, measures the change in quantity supplied due to changes in prices. Thus, the sellers of a product will bear a higher tax burden if the demand for the product is more sensitive than the supply, that is, changes in prices have a greater impact on demand and, to a lesser extent, supply.

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Medical Equipment Supply Company and Natural Rehabilitation Center enter into a contract for a lease of a certain number of whee
nydimaria [60]

Answer:

a. automatically.

Explanation:

Since in the question it is mentioned that there is a contract between the center and the company for leasing a certain number of wheelchairs. Also, it gives assurance with respect to the good title to be valid

And under the UCC, this title warranty arises automatically as in this case the automatization is done in most of the cases

Hene, the correct option is a.

6 0
3 years ago
Pedro, an administrative manager at Seal Inc., is asked to purchase 100 printers for the firm's office. He contacts a sales repr
Sindrei [870]

Answer:

Retailer

Explanation:

From the question we are informed about Pedro, who was an administrative manager at Seal Inc., is asked to purchase 100 printers for the firm's office. He contacts a sales representative at Metro Distributors Inc. and places an order for 100 printers. Metro Distributors Inc. purchases the printers from Ink Corp., a wholesaler, and delivers them to Pedro at his office. In this scenario, Metro Distributors Inc. is most likely to be Retailer.

A retailer can be regarded as a company or entity which buys products from a manufacturer or wholesaler then sells directly to end users or customers. A retailer can be regarded as an intermediary or middleman, with them the customers can get products from the manufacturers through them. They do this with aim of making profit.

8 0
3 years ago
The James River Co. pays an annual dividend of $1.50 per share on its common stock. This dividend amount has been constant for t
Svet_ta [14]
I think the answer is B.
Hope this help
7 0
3 years ago
Kodak was once the largest supplier of photographic film. In 2004 it was dropped from the Dow Jones Industrial Average after hav
Sidana [21]

Answer:

Option B Threat of substitute products

Explanation:

Kodak didn't considered technological advances and the growing strength and demand of substitute products which played a vital role in the strenthning position of Sony and other digital camera industry players. The technological advances technologically outdated Kodak and led to decrease in sales with higher percentage.

4 0
4 years ago
Items that save you money by allowing you to pay a relatively low price for a good or service include _____ .
sladkih [1.3K]
The question above has incomplete statement it lacks certain given choices. with this i made a research about the question and it turns out that the answer of the question in the items that save you money by allowing you to pay a relatively low price for a good or service is comparative shopping.
3 0
3 years ago
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