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
rjkz [21]
3 years ago
8

Taxes a distort incentives and this distortion causes markets to allocate resources inefficiently. b do not distort incentives,

but they do result in an inequitable allocation of resources. c distort incentives and this distortion results in an inequitable allocation of resources. d do not distort incentives, but they do cause markets to allocate resources inefficiently.
Business
1 answer:
RUDIKE [14]3 years ago
7 0

Answer:

Letter a is correct. Distort incentives and this distortion causes markets to allocate resources inefficiently.

Explanation:

What happens is that when rates rise, it causes an imbalance in supply and demand, because at higher rates companies are forced to raise prices to offset tax costs, so the pass-through of consumer prices discourages consumption and as a consequence of less consumption, production also decreases, causing the inefficient allocation of market resources.

You might be interested in
Record the consumption of supplies durning the month is supplies worth $4000 were purchased on January 5 and at the end of the m
Marat540 [252]

Answer: that means you got 3/4 worth of supplies that were purchased.

Explanation:

So the way you did this problem is so weird and is not understandable

4 0
3 years ago
According to the consumer decision process, after consumers recognize the need for a product, they then engage in:.
lions [1.4K]

Answer:

An information search.

What is information search?

is a stage in the Consumer Decision Process during which a consumer searches for internal or external information.

4 0
3 years ago
At the beginning of the year, Bryers Incorporated reports inventory of $6,200. During the year, the company purchases additional
Nana76 [90]

Answer:

Cost of Goods Sold = $19200

Explanation:

The cost of goods sold or COGS  is the cost of inventory that the business has sold for the period. The cost of goods sold can be calculated as follows,

Cost of Goods sold = Opening Inventory + Purchases for the year - Closing Inventory

Cost of Goods Sold = 6200 + 21200 - 8200

Cost of Goods Sold = $19200

8 0
3 years ago
Chang Industries has 1,300 defective units of product that already cost $48 each to produce. A salvage company will purchase the
dolphi86 [110]

Answer: Sunk Cost

Explanation:

A sunk cost is an expense which a company or entity has already incurred and which cannot be recovered and so should not be considered when making decisions regarding incremental benefits or costs to an investment.

The $48 had already been incurred to produce the defective units and cannot be recovered so it is a sunk cost that should not be considered moving forward.

7 0
3 years ago
Trendy Appliances has introduced a new product, Minute Yogurt, into the yogurt maker appliance market. Minute Yogurt differs fro
forsale [732]

Answer: Informative Advertising

Explanation:

Informative Advertising is a form of advertising where a company gives some details about the benefits of using a product and somethings they do differently from their competitors in the market.

Minute Yoghurt needs to inform their market of the special steps of blending and cleaning they applying when producing their product.

7 0
4 years ago
Other questions:
  • Impression management research shows in the first five minutes:
    11·1 answer
  • Carla Vista Choice sells natural supplements to customers with an unconditional sales return if they are not satisfied. The sale
    13·1 answer
  • Glen is attempting to use operant conditioning to train his dog, Thor, to fetch a ball upon command. Once, when Thor goes to fet
    6·2 answers
  • This graph shows how mobile-phone subscriptions
    7·2 answers
  • Conditional formatting allows spreadsheet users to A>turn cell protection functions on and off. B>calculate the average nu
    15·2 answers
  • Gridiron Merchandising anticipated selling 30,000 units of a major product and paying sales commissions of $8 per unit. Actual s
    13·1 answer
  • In​ 1995, when Umpqua Bank opened in new​ markets, which type of marketing effort did it​ utilize? A. Intrepreneurial marketing
    12·1 answer
  • When analyzing a price-earnings ratio:_________.
    6·1 answer
  • Oiiiiiiiiiii whats up guys
    10·1 answer
  • Waterway Industries is planning to sell 800 buckets and produce 1080 buckets during March. Each bucket requires 200 grams of pla
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!