1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nastasia [14]
3 years ago
11

g Which of the following is true? Partial equilibrium analysis will:3)A)understate the impact of a tax for complements and overs

tate the impact for substitutes.B)overstate the impact of a tax for both substitutes and complements.C)understate the impact of a tax for both substitutes and complements.D)understate the impact of a tax for substitutes and overstate the impact for complements.
Business
1 answer:
iogann1982 [59]3 years ago
8 0

Answer:

understate the impact of a tax for substitutes and overstate the impact for complements.

Explanation:

Partial equillibrum analysis is consideration of only a part of the market to attain equillibrum. It is based on data that has restricted range. For example when the price of one good changes while others are held constant. This does not consider real life scenario that multiple prices are changing.

In this type of analysis there is less emphasis on tax on subsititutes and more for complements. This is because a single product is being considered and compliments share similar demand pattern so they are considered more.

You might be interested in
A business produces 10 units of output. Its average variable cost (AVC) = $25, average fixed cost (AFC) = $5, and marginal cost
kramer

Answer: $30

Explanation:

Given that,

Average variable cost (AVC) = $25

Average fixed cost (AFC) = $5

Marginal cost (MC) = $30

Average total cost (ATC) = Average fixed cost (AFC) + Average variable cost (AVC)

                                          = $5 + $25

                                          = $30

Therefore, average total cost is the sum of average fixed cost and average variable cost. Alternatively, average total cost is calculated by dividing total cost to units of output produced.

6 0
3 years ago
If there is an error in the ending inventory affecting the net income of the current period, what will happen to the net income
tino4ka555 [31]

Answer:

ffb

Explanation:

6 0
3 years ago
LaComedia Dinner Theater sells tickets for dinner and a show for $40 each. The cost of providing dinner is $26 per ticket and th
Vedmedyk [2.9K]

Answer: b. $14.00 

Explanation:

Contribution margin = Price - Variable cost

= $40 - $26 = $14

6 0
4 years ago
Discuss the view that a public limited company should prioritise the
sergey [27]

Public limited company should prioritise the

aims of its shareholders because stakeholders have a good share of a business.

<h3>What is public limited company (PLC)?</h3>

PLC is a public company, that sells shares to individual who are interested. The buyers of the shares have limited liability.

Stakeholders have a good share of a business, they are key partners that cannot avoided in the success of any business or organization.

Therefore, Public limited company should prioritise stakeholders because they have a good share of a business.

Learn more on stakeholders here

brainly.com/question/24432365

7 0
2 years ago
Briefly explain the responsibilities of each of the following agencies.
cricket20 [7]
A) FTC- investigates and prevents unfair methods of competition and prevents deceptive acts affecting commerce.

B) CPSC- works to reduce the risk of injuries and death from consumer products.

C) EPA- responsible for creating standards and laws promoting the health of individuals and the environment.
8 0
4 years ago
Other questions:
  • Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The financial staff has
    5·1 answer
  • Company X sold one of its divisions for $15,000,000 at the end of 2018. At the time of sale, the division had a book value of $1
    7·1 answer
  • Clarespharm, a pharmaceutical company, wants to be the market leader in the country of Jefnamia by the end of the next fiscal ye
    11·1 answer
  • When negotiations appeared to be going in the wrong direction, an HVAC systems company and its union representatives agreed to b
    6·1 answer
  • Xenia has 10,000 people. Of this population, 1,000 residents are below age 16, and 2,000 have given up looking for work. Current
    8·1 answer
  • When Jason filled out his application his statements had to be ______________ to be considered legal.
    9·1 answer
  • Using Statement of Cash Flows Information to Assess Company Life-Cycle Stage
    7·1 answer
  • Beverly Company has determined a standard variable overhead rate of $3.10 per direct labor hour and expects to incur 0.50 labor
    10·1 answer
  • 、HowTotalRevenueChangesWhenPriceChanges?PleaseusetheElasticityandDemand 订curvetoexplainit.​
    6·1 answer
  • What is the primary role of individuals as participants in the money market?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!