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
belka [17]
2 years ago
9

When a tax is levied on a good, the buyers and sellers of the good share the burden, A. provided the tax is levied on the seller

s. B. provided a portion of the tax is levied on the buyers, with the remaining portion levied on the sellers. C. provided the tax is levied on the buyers.
Business
1 answer:
Morgarella [4.7K]2 years ago
6 0

Answer:

Here all of these options are wrong , the correct answer is regardless of how the tax is levied the burden of tax would be shared by both the seller and buyer.

Explanation:

Tax can be said as primary source of income for the government. When a tax is levied on the goods , the burden of that would have to be bear by both buyer and seller , irrelevant of how that levied . If the taxes are high then the demand by buyer would be less and seller would receive low price because less people would buy and n the case where taxes are low demand would be high and seller would receive high prices ,in both cases tax would be levied on both seller and buyer and how much it would be depends upon the elasticity of demand and supply. So all the statements given here are false or invalid.

You might be interested in
Electronic media have changed the way employers select qualified candidates. Applicant tracking systems (ATS) are often the firs
guapka [62]

Answer:

a. Move all text to the right.

a. Unusual typefaces, underlining and italics.

c.Unfamiliar abbreviations.

Explanation:

Application Tracking System (ATS) is a software which helps organization to manage the recruiting process. It enables to look for required skills in a certain applicant and then select those candidates who matches the certain requirements by organization.

The candidates should format the resume as short lines and mention key points. Move all text to the right to be able for ATS to ease tracking process.

The candidates should avoid including unusual typefaces and italics, should not use unfamiliar abbreviations.

8 0
2 years ago
explain how the price consumers pay for a good is influenced by the price of the resources that go into making it
Reika [66]

Answer:

Here's an example

I sell bead bracelets for $5.00. The chord I use to make them is $2.50 for 5 feet. Each bracelet needs 1/4 of a foot of chord. That is $0.13 worth of chord per bracelet. The beads I use are 30 beads for $1.00. I use 5 beads in each bracelet. That is $0.17 worth of beads per bracelet. The total price of the materials per bracelet is 30 cents. Let's say It takes me 10 minutes to make a single bracelet. If I sell the bracelet at 30 cents, I would no have made a profit and would instead lose 10 minutes of my time. If I sell it for anything less, I would be losing money and time. If I want to make a profit, I need to add the money I want to make plus the cost of resources. Therefore, if I want to make a profit of $4.70, I must sell the bracelets for $5.00.

4 0
2 years ago
The three steps which will create triangular arbitrage profit are as follows: first step, convert ____; second step, convert ___
Vladimir [108]

Answer:

The correct option is b) USD to GBP; GBP to CHF; CHF to USD.

Explanation:

A triangular arbitrage can be described as the act of taking advantage of a foreign exchange market arbitrage opportunity created by a pricing difference between three different currencies.

A triangle arbitrage method entails three deals, with the first currency being converted to a second, the second currency being converted to a third, and the third currency being converted to the first.

In the question, USD is the first currency, GBP is the second currency, and CHF is the third currency. Based on the explanation above, the three steps which will create triangular arbitrage profit are as follows: first step, convert <u>USD to GBP</u>; second step, convert <u>GBP to CHF</u>, and third step, convert <u>CHF to USD</u>.

Therefore, the correct option is b) USD to GBP; GBP to CHF; CHF to USD.

7 0
2 years ago
An investor can invest money with a particular bank and earn a stated interest rate of 13.20%; however, interest will be compoun
mr_godi [17]

The effective compound interest rate is 13.87%.

<h3><u>What is Compound Interest?</u></h3>
  • The interest on a loan or deposit that is calculated based on both the initial principle and the accumulated interest from prior periods is known as compound interest (also known as compounding interest).
  • Compound interest, sometimes known as "interest on interest," is said to have its roots in 17th-century Italy. Compared to simple interest, which is calculated solely on the principal amount, it will cause a sum to grow more quickly.
  • The frequency of compounding determines the rate at which compound interest accumulates.
  • The compound interest increases with the number of compounding periods.
  • For instance, during the same period of time, the amount of compound interest accrued on $100 compounded at 10% yearly will be less than $100 compounded at 5% semi-annually.

Nominal = interest rate

That is Nominal rate is also known as interest rate.

Nominal rate =  13.20%

The invested money is compounded quarterly.

Periodic = 13.2%/4 (quarterly)

Periodic rate = 3.30%

Now,

The interest rate that accounts for compounding over a specific time period is called the Effective Annual Interest Rate (EAR). The rate of interest that an investor can earn (or pay) in a year after taking into account compounding is known as the effective annual interest rate, to put it simply.

Effective annual rate = EFF% = [1 + (0.13200 / 4)]⁴ - 1 = 13.87%

Know more about Compound Interest with the help of the given link:

brainly.com/question/14295570

#SPJ4

3 0
1 year ago
Online and offline marketing content is meant to drive action, which requires a focus on buyers problems. Effective brand journa
Elena-2011 [213]

Answer:

Stories  

Explanation:

Stories are the stuffs that the people hear about and like to discuss about. Stories are part of the organization culture and are a good means for an organization to affect customer choices because the issues of the customers are highlighted which helps organization to rectify its operations.

7 0
3 years ago
Other questions:
  • Describe six common categories of product features and include an example of each
    11·1 answer
  • The primary purpose of the liquidity ratios is to determine: the extent to which borrowed funds are used to finance assets the a
    6·1 answer
  • Suppose that the government implements expansionary fiscal policy that raises aggregate demand, but the policy is unanticipated.
    15·1 answer
  • Start is to begin, employ is to -----.
    9·2 answers
  • The prizes that can be won in a sweepstakes are listed below together with the chances of winning each one:$5200 (1 chance in 89
    10·1 answer
  • Coal Train Mines paid $435000 for the right to extract ore from a 225000​-ton mineral deposit. In addition to the purchase​ pric
    15·1 answer
  • E13.5 (LO 1 ) (Adjusting Entry for Sales Tax) During the month of June, Rowling Boutique recorded cash sales of $233,200 and cre
    14·1 answer
  • give at least 3 personal gains in your business (my gain,community gain and country gain) by considering the table below
    10·1 answer
  • You have just taken a job at a bank in the loans department. Your bank is worried about the current economic climate and its pot
    12·1 answer
  • Questions to ask my lecture on external and internal relationships in bussiness
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!