If a tax is levied on the sellers of a product, then the demand curve will become flattered.
Option A. becomes flattered.
If a tax is levied on sellers of a product, then the supply decreases, the supply curve will shift to the left. The demand curve will not shift. This is shown in the following figure;
S+tax Price E1 pl p 0 q1 q Quantity х
In the above figure, the x-axis shows quantity and the y-axis shows the price. D is the demand curve and S is the supply curve. As a result of the tax, the supply curve will shift to the left. The price increases from p to p1 and quantity decreases from q to q1.
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Answer:
Management alternatives could be compared based on how they impact ... Ultimately, identifying a widely acceptable solution requires that each ... It might be agreed that the cost elements of the decision problem are ... It may be desirable during a later step in the decision process to convert other impacts into dollars.
<span>According to the United States Department of Commerce; U.S. Direct Investment Abroad: Balance of Payments and Direct Investment Position Data report, the United States had the largest total outstanding stock of direct overseas investments at the beginning of 2014.</span>
Answer:
$5.272
Explanation:
The computation of the standard cost of the ingredients for one gallon of wine is shown below:-
But before that we need to do the following calculations
3,360 ounces of grape concentrate at $0.02 per ounce is (Considering 4%)
= 3,360 × $0.02 ÷ 96%
= $70
54 pounds of granulated sugar at $0.55 per pound is (Considering 10%)
= 54 × $0.55 ÷ 90%
= $33
60 lemons at $0.90 each is (Considering 25%)
= 60 × $0.90 ÷ 75%
= $72
150 yeast tablets at $0.26 each is
= 160 × $0.26
= $41.6
250 nutrient tablets at $0.14 each is
= 250 × $0.14
= $35
2,400 ounces of water at $0.005 per ounce is
= 2,400 × $0.005
= $12
Therefore 50 gallon cost is = $70 + $33 + $72 + $41.6 + $35 + $12
= $263.6
So, cost per gallon = $263.6 ÷ 50
= $5.272
<span>In 1932, the u.s. government imposed a two-cent tax on checks written on deposits in bank accounts. this action would be expected to increase the currency–deposit ratio and decrease the money supply. Tax are basically meant to defers the writing of checks. Hence people will be unwilling to pay tax and does not want to write check which will increase their bank balance and hence currency deposit ratio will rise and money supply will decrease in the economy.</span>
