Answer: The burden of a tax will fall primarily on sellers when the B. demand for the product is highly elastic and the supply is relatively inelastic.
Explanation: A tax burden is a the effect the tax has on how welfare is distributed in an economy. The tax burden happens when the price elasticity of demand and the price of elasticity of supply are not where they have been projected to be.
I think it'd be E. I hope that helps!
Answer:
$50,000
Explanation:
<em>Manufacturing cost is sum of direct material plus direct labour and manufacturing overhead</em>
Direct material is the cost of all materials directly consumed for production purpose.
Direct labour is the cost of labour hours used for directly for production purpose
Manufacturing cost = 15,000+30,000 + 5000
=$50,000
Answer:
It is a winning strategy.
Explanation:
As a result of joint venture, after all the ups and downs, the company is in a strong financial position, as company is producing good profits. Also the company has great market position.
Once a great market position, the influence is spread in the market.
Further, in the given instance the company has failed to acquire the manufacturing company individually, but with joint venture, the company has now established connections not only in pharma sector but also in automobiles.
These things affect the company's position and then influence the market, attracting more customers for the product, and more investors for investment.
Therefore, it is a winning strategy.
Answer:
Here is the answer
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