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allsm [11]
3 years ago
5

The demand for cable television is relatively elastic, because if the price gets too high, people will rent dvds or videos inste

ad of watching cable. who is likely to bear the incidence of a 10 percent tax on cable television?
Business
2 answers:
Svetach [21]3 years ago
7 0

Answer:

The supplier of the cable television service

Explanation:

When the demand for a product or service is elastic, a price increase will decrease the quantity demanded in a larger proportion than the price increase. Therefore, the 10% tax on cable TV will decrease the quantity demanded by more than 10%.

When the demand is inelastic, the opposite happens, consumers bear the incidence of any tax or price increase.

elena-s [515]3 years ago
3 0
The answer is the producer 
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Answer:

The correct answer is letter "A": fixed price.

Explanation:

A fixed price incentive is a type of price that is set based on a reward that will be given only in the case the good or service traded results to be better than expected. It is normally applied when the good or service is delivered to the consumer before so the consumer has the product for extra time with no additional cost.

8 0
3 years ago
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You are asked to recommend whether a firm should make or purchase product A. The following are data concerning the two options.
Alexxandr [17]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

For the purchase​ option:

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For the make​ option:

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The firm also has to hire five operators to help make product A. Each operator works eight hours per​ day, five days per week at the rate of ​$14 per hour.

The material cost for the make option is ​$15 per unit of product A.

A) We need to find the number of units that makes the unitary fixed costs= $7

Weekly rental= 30800

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Total fixed costs= $33,600

Unitary fixed costs= total fixed costs/ Q

7=33600/Q

Q= 4800 units

B) Now Q= 6600

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3 0
2 years ago
Baskets Inc. gathered the following actual results for the current month: Actual amounts: ​ Units produced 6000​ Direct material
ss7ja [257]

Answer:

price variance  $(22,800.00) UNFAVORABLE

Explanation:

(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance

std cost                           $6.00

actual cost                    $9.00

quantity                       7,600

difference                   $(3.00)

price variance  $(22,800.00)

We calculate the actual cost by dividing total cost by the lbs purchased:

68,400/7,600 = 9

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Each pound cost more than it was planned.

8 0
2 years ago
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kozerog [31]
I think the answer is a

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3 years ago
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vladimir1956 [14]

Answer:

Consider the following explanations

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Q2.)yes , it is true that Short-term fluctuations in real GDP are irregular and unpredictable.

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