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Lapatulllka [165]
3 years ago
5

The government can raise revenue by taxing the sellers without creating deadweight loss when the demand for the goods being taxe

d is perfectly inelastic. A tax that raises no revenue for the government cannot have any deadweight loss
Business
1 answer:
AVprozaik [17]3 years ago
3 0

Answer:

the demand for the goods being taxed is perfectly inelastic.

Explanation:

When an indirect tax is levied, its burden can be shared between buyers & sellers. More inelastic demand / supply implies more burden on buyers / sellers respectively. The burden is shared between through price adjustment.

So: the tax levy leads to change in consumer surplus, change in producer surplus, change in government revenue & a deadweight loss which is gained by neither consumers / producers / government.

If demand is perfectly inelastic , entire tax burden is shifted to buyers in form of price rise. The entire consumer surplus lost is gained by government as extra tax revenue. So, their is no deadweight loss in this case.

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The Labor-Management Reporting and Disclosure Act (Landrum-Griffin Act) was designed to protect the rights of individual union m
Artist 52 [7]

Answer:

The correct answer is the first option: True.

Explanation:

To begin with, the "Labor Management Reporting Disclosure Act", or also known as Landrum-Griffin Act, was the name given to a law from the United States that basically has its main purpose in the protection of rights from the individual members of the Unions. This law focus particulary in the relationship that exists between the Union as an organization of power and the members inside due to a matter of internal affairs in the search of reducing abuse of power and position as well. That is why that this law seeks for the benefits of the individuals parties in the wake of the increase of their rights.

5 0
3 years ago
FIllmore Company began operations on Sept. 1 by purchasing $4,400 of inventory and $750 of cleaning supplies. During the month,
jarptica [38.1K]

Answer: $3,400

Explanation:

Gross Profit = Sales revenue - Cost of Goods sold

Cost of good sold = Opening stock + Purchases of inventory - Closing stock of inventory

= 0 + 4,400 - 1,800

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Gross Profit = 6,000 - 2,600

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5 0
3 years ago
According to the Consider This box about hypothetical countries Slogo, Sumgo, and Speedo, small differences in __________ make f
Oxana [17]

Answer:

C

Explanation:

According to the Consider This box about hypothetical countries Slogo, Sumgo, and Speedo, small differences in economic growth rates make for large differences in real GDP per capita over several decades, assuming the same growth of population for each country.

For small countries ( less population and same growth of population over the years) even small growth rates makes a large change in  real GDP per capita over the years.

3 0
3 years ago
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Answer:

differential analysis:

                         No further process      Process further         Differential

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Operating income       $70,000                  $633,400            $563,400

The company should process further and sell products B and C because its operating income will increase by $563,400.

6 0
3 years ago
True or false: the process of taking notes about security and security routines is an example of an adversarial surveillance act
HACTEHA [7]
True because they take notes on the security and the routines.
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