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
gogolik [260]
4 years ago
6

The market for. pizza is characterized by a downward-sloping demand curve and an upward-sloping supply curve. a. Draw the compet

itive market equilibrium. Label the price, quantity, consumer surplus, and producer surplus. Is there any dead-weight loss? Explain. b. Suppose that the government forces each pizzeria to pay a $1 tax on each pizza sold. Illustrate the effect of this tax on the pizza market, being sure to label the consumer sur-plus, producer surplus, government revenue, and deadweight loss. How does each area compare to the pre-tax case? c. If the tax were removed, pizza eaters and sellers would be better off, but the government would lose tax revenue. Suppose that consumers and producers voluntarily transferred some of their gains to the government. Could all parties (including the government) be better off than they were with a tax? Explain using the labeled areas in your graph.
Business
1 answer:
Klio2033 [76]4 years ago
7 0

The market for the pizza has a downward sloping demand curve which means that with the increase in the price of the pizza, the demand of the pizza will decrease but it's supply will increase.

<u>Explanation:</u>

Downward slanting demand curve implies a judicious purchaser will request to a greater degree a product when its price falls. A portion of the explanations behind. the marvel would be: Income Effect : When cost of an item falls, shopper's genuine salary rises that is he would now be able to buy a greater amount of the ware with a similar pay.

A decent with a cost far beneath what the market is eager to pay will show up toward the lower right – extremely low cost, exceptionally popularity. The costs in the middle of would then "fill in" the bend, inclining descending from the upper left to bring down right.

You might be interested in
if management decides to buy the cupholders from outside suppliers rather than to continue making the part, what would be the an
raketka [301]

The correct answer to this open question is the following.

Although there are no options attached, neither a case nor example for reference, we can comment on the following.

If management decides to buy the cupholders from outside suppliers rather than to continue making the part, the annual financial advantage would be that the company will save on fixed costs, the ones implied on hiring and paying people their salaries to produce the cupholders on a monthly basis. Also, the costs of machines to fabricate them.

That is why companies have to smartly decide about the so-called "make-or-buy decision." The best recommendation to make the correct decision is to apply a quantitative analysis.

5 0
3 years ago
EAPs are designed to affirm all of the following except
Anton [14]

Answer:

c. monitored employees are better employees

Explanation:

EAP stands for employee assistance program. It basically creates a help for employees which are facing any kind of personal or professional problems in their life.

It is a self initiated program to help the employees, by providing guidance, solving grievances or by any other means.

It nowhere assures that the employees shall be continuously monitored, while they perform and that the employees shall be set free to work in the manner they desire, as long as the company is achieving the targets.

6 0
3 years ago
A company with significant assets and activities in multiple countries is known as a(n):____.
Gnom [1K]

A company with significant capital and activities in multiple countries is known as a multinational corporation.

A multinational corporation generally has offices or factories in different and multiple countries and a centralized head office where they coordinate global management.

Other than its home country, a multinational corporation has facilities and other capital in at least one country. Many multinational enterprises are based in developed nations.

The multinational advocates create high-paying jobs and technologically advanced goods in countries that otherwise would not have reach to such opportunities or goods.

Some examples of multinational corporations include- Apple, Samsung, Starbucks, Ikea, Nike, McDonalds, Pepsi etc.

Hence, option A is correct.

To learn more about the multinational corporations here:

brainly.com/question/494475

#SPJ4

8 0
2 years ago
Jen Rogers withdrew a total of $35,000 from her business during the current year. The entry needed to close the withdrawals acco
Dmitrij [34]

Answer and Explanation:

The journal entry is shown below:

Jen Rogers, Capital $35,000

         To Jen Rogers, Withdrawals $35,000

(Being withdrawals entry is recorded)

Here the Jen Rogers, Capital is debited as it decreased the stockholder equity while the Jen Rogers, Withdrawals is credited as it also decreased the drawings account. Also, the capital contains normal credit balance while drawings contains normal debit balance

6 0
3 years ago
Example 1 The total cost of 5 textbooks and 4 pens is $ 32.00; the total cost of 6 other books of the same text and 3 pens is $
Dafna11 [192]

Answer:

For example 1, each text book costs $4 and each pen costs $3.

For example 2, 18 $5 tickets were sold and 15 $2 tickets were sold.

Explanation:

Example 1:

let T = number of text books

let P = number of pens

5T + 4P = 32

6T + 3P = 33 (we can start by dividing this equation by 11)

5T + 4P = 32

2T + 1P = 11 (now lets multiply be -4)

5T + 4P = 32

-8T - 4P = -44 (now we add)

-3T = -12

T = -12 / 3 = 4

P = (2 X 4) + P = 11

P= 11 - 8 = 3

Example 2:

let C = cheap tickets

let E = expensive tickets

C + E = 33  ⇒   C = 33 - E (and now we can replace)

2C + 5E = 120

2(33 - E) + 5E = 120

66 - 2E + 5E = 120

66 + 3E = 120

3E = 120 - 66 = 54

E = 54 / 3 = 18

C = 33 - 18 = 15

6 0
3 years ago
Other questions:
  • The controller of Hartis Corporation estimates the amount of materials handling overhead cost that should be allocated to the co
    8·1 answer
  • The management of the nation's natural resources is part of the responsibilities of which of the following departments?
    12·1 answer
  • ______ studies reveal that visionary and inspirational charismatic leaders who are good team builders generally are most effect
    12·1 answer
  • Beyond redesigning the nature of the work itself and involving employees in decisions, another approach to making the work envir
    11·1 answer
  • A multinational enterprise (MNE) is defined as a firm that: exports more than it imports. sells in many markets around the globe
    14·1 answer
  • GHQ, Inc. purchased 10,000 shares of common stock of PAS Corp for $25.00 per share on July 1, 2019. PAS Corp has 1,000,000 share
    8·1 answer
  • A level of corporate social performance that is completely voluntary is __________________, which includes actions that benefit
    15·1 answer
  • Suppose the most you would be willing to pay to have a freshly washed car before going out on a date is $8.00. The smallest amou
    6·1 answer
  • Prior to the iconoclasm of the eighth century, icons were accepted as __________________.
    12·1 answer
  • n Corporation budgeted fixed manufacturing costs of $34,000 during 2020. Other information for 2020​ includes: The budgeted deno
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!