Answer:
The correct answer is option D.
Explanation:
The demand elasticity is -1.4.
The supply elasticity is 1.2.
Since the demand is elastic, the imposition of tax will not be profitable for the government.
The imposition of tax will increase the price of the good, this will decrease the demand for good, thus the revenue will decrease.
The tax incidence on consumers
= E (supply) / (E (demand)) + E (supply)
=
=
= -6
Answer:
The Minnesota Importance Questionnaire, or MIQ, is a questionnaire that students can take in high school or college. This is a value inventory that asks questions about your personal work values so you can see what career might be best for you. After you take the test, it matches you with a selection from 185 different occupations, which represent major careers in the world. The results of the assessment, when matched with a career or different careers, are supposed to help you find out which kind of career might be best for you.
Explanation:
From Plato
The type of overhead costing system that would be the best fit for Lunker is: Traditional costing system using design hours as the basis for allocation.
<h3>What is the Traditional Costing System?</h3>
The traditional costing system is a method applied in accounting that aims at determining the cost of production. One driver is assigned as the basis of allocation.
In the case of Lunker Lures above, the driver that is used as the basis of allocation should be design hours.
Learn more about the Traditional Costing System here:
brainly.com/question/24516871
Answer:
b. patents, trademarks, and franchises.
Explanation:
Intangible assets are assets that aren't physical, they cannot be seen.
Examples of intangible assets are goodwill, patents, trademarks, and franchises.
Answer:
Multinationals provide an inflow of capital into the developing country.
Explanation:
This capital investment helps the economy develop and increase its productive capacity.