Answer:
do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them.
Explanation:
Trade policy explains rules, regulations, and standards that are relevant to trade relations between two countries. Trade policy is also called the Commercial policy.
Trade policies do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them.
Answer:
elasticity of demand is 2.16. Consumers pay a smaller portion of the tax
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded / percentage change in price
(2/19)(2/41) = 2.16
When the coefficient of elasticity is greater than 1, demand is elastic.
Elastic demand means that a small change in price leads to a greater change in quantity demanded.
Because demand is elastic, more of the burden of the tax falls on producers and consumers pay a small portion of the tax.
I hope my answer helps you
I believe the answer might be a proportional tax.
Property taxes on the factory building is an example of a committed fixed cost at Bennett, Inc.
<h3>What are committed fixed cost?</h3>
The costs necessary to maintain current production capacity are referred to as committed fixed costs or capacity costs. These expenses result from top managers' long-term choices regarding the scope and makeup of their firm.
committed fixed costs are essential for the efficient functioning of a business, and their absence may disrupt such operations, which could have a real effect on the organization.
For businesses, property taxes are a fixed expense. The taxes normally don't vary and are only adjusted for improvements in the value of the related asset or facility. However, property taxes typically remain constant from year to year.
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Because of the political instability, what will happen to U.S. is that its Net exports would fall which by itself would decrease U.S. aggregate demand.
When the people from other countries feared for their asset, they will stop importing goods from U.S.
- This will make import reduce and also, the export from U.S. to reduce as well.
In conclusion, because of the political instability, what will happen to U.S. is that its Net exports would fall which by itself would decrease U.S. aggregate demand.
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