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4 years ago

When a tax is imposed on a good for which the supply is relatively elastic and the demand is relatively inelastic,

Business

1 answer:

kondaur [170]4 years ago

4 0

Answer:

a. buyers of the good will bear most of the burden of the tax.

Explanation:

When a tax is imposed on a good for which the supply is relatively elastic and the demand is relatively inelastic, buyers or consumers of the good will bear most of the burden of the tax.

However, when tax is imposed on a good whose supply is relatively inelastic and the demand for the goods is relatively elastic, the producers or sellers would be responsible for the tax burden of the goods.

Generally, tax revenues are larger with respect to the inelasticity of demand and supply.

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The four level pyramid model revolves around which aspect of an organization? The four-level pyramid model revolves around the _

Damm [24]

Answer:

Hierarchy, Information Systems

Explanation:

The pyramid model of four level in an organization is based on and is depends on the various levels of the hierarchy systems or management in the organization.

These four level is of different types of the Information System in the organization.

1. First level : It is also known as Strategic level or Executive Information Systems.

2. Second level : It is also know as Management Level or the Decision Support Systems.

3. Third level : Another term is Management Level or Management Information Systems.

4. Fourth Level : It is called the Operational Level or the Transaction Processing Systems.

6 0

3 years ago

Ken's Car Repair uses a 35.00% material loading charge and a labor rate of $23.00 per hour. How much will be charged on a job th

Art [367]

Answer:

the amount charged on a job is $401.50

Explanation:

The computation of the amount charged on the job is shown below:

The Amount to be charged is

= Material Loading Charge + Labor Charge + Materials Cost

= 35% × $110 + $23 Per Hour × 11 Hours + $110

= $38.50 + $253 + $110

= $401.50

Hence, the amount charged on a job is $401.50

We simply applied the above formula so that the correct value could come

And, the same is to be considered

4 0

3 years ago

A drink manufacturer finds setting up a plant to make its own bottle caps expensive and technically difficult. Which of the foll

Salsk061 [2.6K]

Answer:

A) Outsourcing

Explanation:

Outsourcing refers to a business practice where a company gets some of the intermediate goods or services it needs from external suppliers (other companies). Usually outsourcing is carried on by companies in order to reduce costs, e.g. customer service calls handled by Indian companies because Indian workers earn a much lower salary than American workers.

3 0

3 years ago

The real estate financing instrument which transfers equitable title to real property, but retains legal title in the seller, is

natita [175]

Answer:

Operating Leasing

Explanation:

Legal title is retained by the seller, buyer enjoys equitable title (during the lease contract duration) of the property (e. g. using land, leased buildings or machinery for the business needs),

7 0

3 years ago

Brulee Bakery produces both regular and vegan baked goods. Each quarter, the research and development department develops a reci

erastovalidia [21]

Answer: Product-level

Explanation:

A product level activity is one of the type of activity that are performed for the production of the various types of products and the services and then it calculating the total number of batches of the specific items or products are get sold out in the market.

According to the given question, the Brulee bakery is basically producing the various types of vegan baked and the regular items and under the activity base costing the firm is basically developing the new vegan baked recipe.

Therefore, this type of process is basically refers as the product level activity.

3 0

3 years ago