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Vanyuwa [196]
3 years ago
13

What is the incidence of a tax?

Business
2 answers:
maksim [4K]3 years ago
6 0

A tax incidence is an economic term for the division of a tax burden between buyers and sellers. Tax incidence is related to the price elasticity of supply and demand. When supply is more elastic than demand, the tax burden falls on the buyers.

Sonbull [250]3 years ago
6 0

Answer:

The final burden of a tax

Explanation:

Just took the test and passed

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In a decentralized organization:________.a) lower-level managers should not be held accountable for the outcomes of their decisi
nata0808 [166]

Answer:

The correct answer is the option B: top management can concentrate on issues such as overall strategy, lower-level managers have low motivation and job satisfacttion due to increased responsibility changes in the operating environment can be responded to rapidly lower-level managers are trained for higher positions.

Explanation:

To begin with, the fact that a organization is decentralized means that the decision making process tends to be more cooperative between the different members of the different levels of the organization and also that they tend to decide for they own area. Therefore that it also means that top management can concentrate on issues such as overall strategy and that the lower-level managers can be trained for higher positions when there are changes in the operating environment in order to establish a better organization.

3 0
4 years ago
The government of the United States is worried that the inflation rate is too high. What fiscal policy would the US government a
balandron [24]

Answer: decrease government spending

Explanation:

Since government spending leads to employment generation and business activity which in turn increases incomes and spending. A decrease in government spending will keep demand and consequently inflation in check.

3 0
4 years ago
Cedar Grove Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales
Gre4nikov [31]

Answer:

$47,000

Explanation:

Cedar Grove Industries CVP Income Statement for Month Ending May, 2017

Total Per Unit

Sales ($49×7,600) $372,400 49

Less Variable Cost

($28×7,300) $204,400 28

Contribution Margin $168,000 21

Less Fixed Cost$121,000

Net Income (loss)$47,000

5 0
3 years ago
In an open economy the GDP is $12 trillion this year. Consumption is $8 trillion, and government spending is $2 trillion. Taxes
DedPeter [7]

Answer:

B)a deficit of $1.5 trillion

Explanation:

The computation of the government budget balance is shown below:

= Taxes - government spending

= $0.5 trillion - $2 trillion

= $1.5 trillion deficit

For computing the government budget balance, we deduct the government spending from the taxes so that the correct amount can come

All other information which is given is not relevant. Hence, ignored it

6 0
3 years ago
What is the price paid for the use of borrowed money referred to as?
marshall27 [118]
Interest
Interest is the monetary charge for borrowing money—generally expressed as a percentage, such as an annual percentage rate (APR). Key factors affecting interest rates include inflation rate, length of time the money is borrowed, liquidity, and risk of default. Interest can also express ownership in a company.
3 0
3 years ago
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