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Lesechka [4]
3 years ago
7

If the government levies a $5 tax per ticket on buyers of NFL game tickets, then the price paid by buyers of NFL game tickets wo

uld Question 7 options: a) increase by less than $5. b) decrease by an indeterminate amount. c) increase by more than $5. d) increase by exactly $5.
Business
1 answer:
nexus9112 [7]3 years ago
6 0

Answer:

increase by less than $5

Explanation:

A tax is a compulsory amount levied by the government or an agency of the government on goods and services.

Taxes increases the price of a product.

If a $5 tax is levied on the tickets, the price of the ticket would increase by less than $5. The burden of the tax of $5 would be shared by both buyers and sellers. The party with the less elastic demand / supply would bear the greater burden of the tax.

I hope my answer helps you

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Explain public finance in your own words​
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Answer: it's the management of the countries revenue

Explanation:

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2 years ago
Many states create licensing requirements for a variety of professionals (such as lawyers and accountants) designed to restrict
Rudiy27

Answer:

The correct answer is letter "B": Market development.

Explanation:

Market development implies individual professionals and organizations to expand their operations whether focusing on a new sector of the market or by starting their business in different regions. Besides increasing profits, market development allows them to diversify their clientele which is a strength for the business in front of adverse economics situations.

Thus, if a state creates licensing requirements for lawyers and accounts to restrict their entry from other regions, <em>that state is limiting market development</em>.

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3 years ago
The drought of 2011 devastated hay crops in the plains states and horse owners ranged far and wide to purchase hay for their hor
igor_vitrenko [27]

Answer:

The options are given below:

A. $10.

B. $4.

C. $6.

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The correct options is D.

Explanation:

Landed cost refers to the total price of a product or shipment once it has arrived at a buyer's doorstep. It includes the original price of the product, the transportation fees (both inland and ocean), customs, duties, taxes, tariffs, insurance, currency conversion, crating, handling and payment fees.

Therefore, in calculating the landed cost of the question above, we sum all the costs incurred thus:

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5 0
3 years ago
The first session of the national convention is generally devoted to
svetlana [45]
The first session of the national convention is generally devoted to giving speeches.
3 0
3 years ago
Imagine that in the frame of Azerbaijan National Football Championship Nefthci and Karabakh football teams will have a match in
Ymorist [56]

Answer:

The fans as they purchase tickets

Explanation:

The government has imposed a $2 tax per seat. The stadium management will increase the price of tickets per seat by at least $2. It means the customers (fans) will pay an extra amount per seat to cater for the taxes.  

The stadium management will act as a tax intermediary. They will collect the $2 per seat tax from the ticket sales and remit it to the government.

8 0
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