If new york city imposed a 50 cent tax on soft-drink beverages that contain sugar or high-fructose corn syrup, it would decrease the demand of the soft-drink beverages.
Given that new york city imposed a 50 cent tax on soft-drink beverages that contain sugar or high-fructose corn syrup.
We are required to find the effect of 50% tax on soft-drink beverages that contain sugar or high-fructose corn syrup.
When 50% tax is imposed on soft-drink beverages then it will increase the price of soft drink beverages, which will decrease the demand of soft drink beverages because now the drink become costly for the customers to buy.
Suppose the initial price of 1 soft drink is $100.
Now tax is applied so tax would be 100*50%=50
Price after tax=100+50
=$150
Now consumers have to pay $150 for 1 drink in place of $100.
Hence if new york city imposed a 50 percent tax on soft-drink beverages that contain sugar or high-fructose corn syrup, it would decrease the demand of the soft-drink beverages.
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In the long run, if inputs are increased by 10 percent and output increases by 20 percent, then diseconomies of scale are said to exist. It is because diseconomies of scale is likely to happen in the long run for a business with increasing inputs without decreasing the cost of production. It can happen when the increase in production is dependent on one part that needs to be completed but there is a delay on producing the parts. Another reason is that the cost of shipping may increase base on how far will be the distance and the weight of the product.
Answer:
A. The demand curve will shift to the left, decreasing the price of beef.
Explanation:
- As due to the changes in the tastes and preferences of the consumers the change in the demands of the beef and prices will also decrease and the curve will shift to the left and so does the price of the good.
- <u>The reports showing the negative effects of the beef on the health of the consumer is likely to make the changes in the market price of the products.</u>
Option B
Analysis of the general environment enables a firm to identify: opportunities and threats
<u>Explanation:</u>
The general environment usually has a sturdy impact on a firm's level of achievement, officials must pursue biases and circumstances as they emerge and attempt to envision the associations of these biases and circumstances.
The environmental inquiry is an imperative tool. It is a manner to distinguish all the outside and subjective factors, which can influence the organization’s execution. The review involves valuing the level of threat, an opportunity the determinants might impersonate. These determinants are succeeding rendered into further means.
Answer: All of these choices are correct.
Explanation:
You didn't give the options to the question. The options include:
testing costs prior to placing the equipment into production
transportation costs
installation costs
All of these choices are correct.
Acquisition cost, is the total cost that is recognized by a company on its books for the purchase of an asset. These costs include the transportation cost, installation cost, shipping cost, testing costs, sales taxes, customs fees, etc.
Therefore, based on the explanation, the correct option is All of the choices are correct.
