1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Getting the listener’s full attention, questioning him or her, and asking him or her to paraphrase the message are all technique
timama [110]

Answer:

poor listening

Explanation:

Based on the information provided within the question it can be said that this is done in order to overcome poor listening. This refers to individuals who get distracted when listening and hear/understand very little to nothing of what they were supposed to be listening to. By making sure their attention is on you and asking them to repeat what you just said allows the individual to pay more attention to what you are saying and helps the information stick.

3 0
3 years ago
Mark exchanged an office building that he owned for over ten years for vacant land used by Sandy in her farming business. The of
hram777 [196]

Answer:

h

Explanation:

3 0
2 years ago
Current ratio of 3.4 and an acid-test ratio of 2.8. The corporation's current assets consist of cash, marketable securities, acc
Sav [38]

Answer:

$30,000

Explanation:

The computation is shown below:

As we know that

Current ratio = Current assets ÷ Current liabilities

Current assets = 3.4 × Current liabilities

Now the

Acid-test ratio = Quick assets ÷ Current liabilities

2.8 = Currents assets - inventory  ÷ Current liabilities

2.8 = 3.4 × Current liabilities - $18,000 ÷ Current liabilities

2.8 × Current liabilities = 3.4 × Current liabilities - $18,000

After solving this, the current liabilities is $30,000

7 0
3 years ago
A document prepared at the time of shipment indicating the description of the merchandise and other relevant data. It is a writt
Maru [420]

Answer:

bill of lading

Explanation:

Bill of lading is a legal document issue when goods are transferred from one place to another. It is issued by the  freight carrier to the person who is shipping the goods. This document contains details such as which goods are shipped, quantity, details of destination. It also serves the purpose of shipment receipt, once the goods are delivered at mentioned destination in the document. To make sure that requisite goods has been correctly received  the destination and shipped correctly from the shipper, the document is signed by authorized person from the receiver, the  shipper, and the carrier.  

The objective of such document is

  • preventing theft of goods.
  • Create transparency of transaction.
  • Serves as a legal proof in case of any conflict.

6 0
3 years ago
The money left over after all of the business costs are subtracted is called the __________.
Ulleksa [173]

the awnser is B.Net profit

6 0
3 years ago
Other questions:
  • Which of the following is a criticism of the national income and product accounts?
    9·1 answer
  • Greenbelt Construction has been a successful small home-building firm for years. The owner pays subcontractors slightly more tha
    9·1 answer
  • A given university has an average professor pay of $40,000 a year and an average administrator pay of $45,000 per year. If the r
    15·1 answer
  • Rendezvous Cafe's suit against Sanitary Waste Services, Inc., the court issues a judgment in Rendezvous's favor. The judgment ca
    12·1 answer
  • Prior to setting pricing options for its products to maximize profit, a company must: a. determine whether it should use horizon
    12·1 answer
  • Think of the products you use on a daily basis and think of the types of utility. What is a product that you use on a daily basi
    6·1 answer
  • An increase in government spending initially and primarily shifts
    15·1 answer
  • 1. What characteristics of sales promotions account for the high levels of expenditures that have been allocated to them in rece
    7·1 answer
  • On December 31, 2017, Turnball Associates owned the following securities, held as a long-term investment.
    7·1 answer
  • If a car company collaborated with a sheet metal supplier, the car company would be the supplier's ______.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!