If the government raises the excise tax of the product then supply curve tends to shift leftwards. Therefore, The above statement is false.
<h3>What is Supply Curve?</h3>
The supply curve refers to the graphical representation of the supply and the prices of the commodity. It tells how the supply of the commodity affects the prices of the product.
The complete question is attached below.
According to the above situation, when government increases the taxes of the gallon of gasoline then the supply curve will shift leftwards as the supply decreases.
It will lead to the increment in the level of the prices as the demand of the product will fall. Therefore, the above statement is false.
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Answer:
Adaptive manufacturing
Explanation:
Based on the information provided within the question it can be said that the production strategy that is being mentioned is called Adaptive manufacturing. This uses many practices in order to develop, produce, and deliver products with high demand, while also efficiently managing and using all the existing resources that the company has at it's disposal.
A company's liquidity refers to its <span>ability to pay currently maturing debts.
Liquidity refers to the companies availability of assets that they can turn into cash or cash readily on hand. Maturity refers to a debt that needs to be paid by a certain, fixed date.
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The one that has limited liability for its owners, but passes income through to its investors and avoids double taxation is option C. S Corporation. Read below about S Corporation.
<h3>What is S Corporation?</h3>
A variation on the standard corporation model is the S corporation. An S corporation passes its income through to its owners, so that the entity itself does not pay income taxes. The owners report the income on their tax returns, thereby avoiding the double taxation that arises in a regular C corporation.
Therefore, the correct answer is as given above
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The complete question goes thus:
Which of the following has limited liability for its owners, but passes income through to its investors and avoids double taxation
A. C Corporation
B. Partnership
C. S Corporation
D. Types of Business Entities