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Viefleur [7K]
3 years ago
13

​If the demand for apples is highly elastic and the supply is highly inelastic, then if a tax is imposed on apples it will be pa

id: Question 24 options: ​largely by the sellers of apples. ​largely by the buyers of apples. ​equally by the sellers and buyers of apples. ​by the government.
Business
1 answer:
mars1129 [50]3 years ago
5 0

Answer:​largely by the sellers of apples.

Explanation: A highly elastic Demand is the demand that changes at the slightest increase in the price of a good or service.

A highly inelastic elastic supply is the situation where the supply of goods and services does not change even when the taxes or cost of production of the good or service increases.

When supply is inelastic, the sellers will bear the burden of the increased tax as increasing the price of the apples will cause the customers to look for alternatives.

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How come ethics impact on psychology
Igoryamba

Answer:

Ethics refers to the correct rules of conduct necessary when carrying out research. We have a moral responsibility to protect research participants from harm. The purpose of these codes of conduct is to protect research participants, the reputation of psychology, and psychologists themselves.

Explanation:

pls mark me as brainleast and folow me

3 0
3 years ago
Read 2 more answers
What is an advantage of radio advertising? It offers an excellent combination of reach and frequency. It is free from the proble
vovikov84 [41]

Answer:

It offers an excellent combination of reach and frequency

Explanation:

The question basically seeks to extract the advantage of radio advertising in contemporary time. It must be noted that there are varying forms of advertisements, with one edging the other by one feature or the other.

The feature that ultimately stands radio advertising is the ubiquitous nature of its distribution. Simply put, it offers an excellent combination of reach and frequency. The implication of this is that the messages and information being passed out from this medium commands a far reach, attention and feedback from the larger audience.

While other listed options could be relevant, it must be stated that option A is the feature that categorically set radio advertisements apart from others.

6 0
3 years ago
To include the personal assets and transactions of a business's owner in the records and reports of the business would be in con
Margarita [4]

Answer:

C. Business entity principle

Explanation:

  • A business entity principle is one that states the transactions that are linked to a business must have a separate record-keeping and form those who are owners of the other business.
  • Thus separates the records for the organization of the business and excludes the assets and the liabilities of the other owners of the business.
6 0
3 years ago
Dividends paid is equal to
scoundrel [369]

Answer:

B . Free cash flow less cash provided by operations and capital expenditures.

Explanation:

In Business, dividends can be defined as share of profits and retained earnings that a publicly listed company pays out to its investors or shareholders for investing into the business venture.

Dividends paid is equal to free cash flow less cash provided by operations and capital expenditures.

Free cash flow isn't reported on the statement of cash flows and it is the cash provided by operations less capital expenditures and cash dividends.

7 0
3 years ago
Obviously, the lifetime membership isn’t a good deal if you only remain a member for a couple of years, but if you remain a memb
Len [333]

Answer:

The minimum number of years that Lloyd must remain a member of the ADLA so that the lifetime membership is cheaper (on a present value basis) than paying the annual membership dues is 23 years.

Explanation:

The question is incomplete.

<em>Lloyd is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawyers Association (ADLA), a professional organization for divorce attorneys. The membership dues for the ADLA are $600 per year and must be paid at the beginning of each year. For instance, membership dues for the first year are paid today, and dues for the second year are payable one year from today. However, the ADLA also has an option for members to buy a lifetime membership today for $6,500 and never have to pay annual membership dues. Obviously, the lifetime membership isn't a good deal if you only remain a member for a couple of years, but if you remain a member for 40 years, it's a great deal. Suppose that the appropriate annual interest rate is 7.4%. What is the minimum number of years that Lloyd must remain a member of the ADLA so that the lifetime membership is cheaper (on a present value basis) than paying $600 in annual membership dues?</em>

<em />

We have to equal the price of the lifetime membership with the present value of the annual membership. The anual membership present value is equal to a annuityof n years.

6,500=600*\sum_0^n\frac{1}{(1+0.074)^{n}} =600(\frac{1-(1.074)^{-n}}{0.074})\\\\\\\frac{6500}{600}*0.074= 1-(1.074)^{-n}\\\\1.074^{-n}=1-0.8017=0.1983\\\\-n*ln(1.074)=ln(0.1983)\\\\n=-ln(0.1983)/ln(1.074)=-(-1.6180)/0.0714=22.66\approx23

3 0
3 years ago
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