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larisa86 [58]
4 years ago
6

An excise tax levied on a product will impose a larger relative burden on consumers (and a smaller relative burden on sellers) w

hen a. the supply of the product is relatively inelastic. b. the supply of the product is relatively elastic. c. the demand for the product is relatively inelastic. d. either b or c is true
Business
1 answer:
denis23 [38]4 years ago
6 0

Answer:

d. either b or c is true

Explanation:

Tax burden refers to who pays the tax.

Taxes increases the price of a good or the cost of production.

If demand or supply is elastic, it means that quantity demanded or supplied is sensitive to changes in price.

Demand or supply is inelastic if quantity demanded or supplied is less sensitive to changes in price.

If supply is elastic and the burden of tax falls on suppliers, suppliers would reduce the quantity supplied

If demand is inelastic and the burden of tax falls on consumers, the quantity demanded would not change as a result of price increase.

In this case, greater burden of tax should fall on consumers.

I hope my answer helps you

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Your firm is considering implementing a CRM system to track and access information about its clients. You are responsible for pr
KIM [24]

Answer:

topical

Explanation:

Topical organizational Method;

This pattern is the most commonly used format, and will typically work when the other patterns do not. A topical pattern arranges information according to different sub-topics within a larger topic, or the "types" of things that fall within a larger category. Using this pattern, each "type" represents a main section of information.

Take the below as an example or format for topical organixational approach;

I. Red Wines

A. European

  1.      

B. Californian

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II. White Wines

A. European

B. Californian

4 0
3 years ago
On October 1, Vista View Company rented warehouse space to a tenant for $3,600 per month. The tenant paid five months' rent in a
Damm [24]

Answer:

The adjusting entry needed on December 31 is:

Debit Unearned Rent revenue $10,800

Credit Rent Revenue $10,800

Explanation:

Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made.

The tenant paid five months' rent in advance on October 1. From October 1 to December 31, Vista View Company had rented warehouse space to a tenant for 3 months.

The adjusting entry needed on December 31 is:

Debit Unearned Rent revenue $10,800  ($3,600 x 3 = $10,800)

Credit Rent Revenue $10,800

7 0
3 years ago
The investment a company makes in training employees to perform their duties and redesigning products and processes to improve t
Andre45 [30]

Answer:

True

Explanation:

Prevention Cost is the cost which is incurred to avoid the loss due to defects in the products manufactured, here the cost incurred is as follows:

Training employees that is the benefit from training will be reducing cost and improving quality of the product, therefore, it will be considered as prevention costs.

Further cost incurred for redesigning products and processes will improve the quality of the product and the process therefore this cost can also be considered as prevention costs.

Final Answer

The above statement is true.

4 0
3 years ago
A variable cost a. is synonymous with labor costs b. changes in the same direction and in direct proportion to changes in operat
pishuonlain [190]

Answer:

b. changes in the same direction and in direct proportion to changes in operation activity.

Explanation:

Variable costs are expenses that vary with changes in production level. A variable cost is attached to the production of a particular product or service. An example of variable cost is the raw material expense. As the production level rises, more raw materials will be needed for production.    

The relationship between variable costs and output level is direct and proportional. An increase in output requires more materials and other consumables. As variable costs are associated with the production process, an increase or decrease in production level results in a similar or increase or decrease in variable costs.

6 0
4 years ago
Word processing software allows users to do
julsineya [31]
Word processing software allows people to do many many things! You can create data heavy pieces of text, attach charts, add nice colourful shapes, and even include table sets of data. 

Software such as Microsoft Word will allow you to do all of this, and more. You can format text, stylise text, design a document, add in datasets, etc. All of these capabilities allow you to have a full range of abilities in order to create a beautiful, great informative document. =)
5 0
3 years ago
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