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BartSMP [9]
4 years ago
13

What is the incidence of a tax?

Business
1 answer:
MrRa [10]4 years ago
3 0

Answer:

The sum of a tax and a product’s price

Explanation:

The tax final burden increases the price and  is payed by consumer.

You might be interested in
Joe must pay liabilities of 1,000 due one year from now and another 2,000 due three years from now. There are two available inve
kari74 [83]

Answer:

1. 2,584

Explanation:

future payments: $1,000 in 1 year and $2,000 in 3 years

the present value of alternative I (one year bond):

$1,000 / 1.06 = $943.40

the present value of alternative II (first 2 years and then 1 year):

$2,000 / 1.065 = $1,877.93 ⇒ PV at year 2

PV at year 0 = $1,877.93 / 1.07² = $1,640.26

the total present value of both options = $943.40 + $1,640.26 = $2,583.66 ≈ $2,584

4 0
3 years ago
The political environment in India has proven to be critical to company performance for both PepsiCo and Coca-Cola India. What s
wolverine [178]

Answer:

Explanation:

The political environment in India have played key role in company performance of PepsiCo and Coca-Cola India as follow:

- The Indian government viewed as unfriendly to foreign investors especially those who want to invest in other sectors apart from high tech sectors.

- Outside investment had been allowed only in high-tech sectors and was almost entirely prohibited in consumer goods sectors. The The “Principle of Indigenous Availability” (Policy banning imports being sold in India)

- Distribution Arrangements - Production plants and bottling centers were strategically placed in large cities all around India. They were more added as demand grew, along with new product lines. In Coca-Cola’s case, the JV with Parle provided access to its bottling plants and its products. By forming partnerships, both Coca-Cola and Pepsi were able to get initial access into the market.

5 0
3 years ago
Match each scenario with the source of monopoly market power.
dybincka [34]

Answer:

1. Mary McFly invents a time machine and gets legal protection from competition. Patent

2. Main Line Utilities can operate at a lower cost than multiple electric companies. Economies of Scale

3. The author of Economics for Dumbbells is given exclusive rights to produce this book. Copyright

4. Your city council gives All Talk Communication Services exclusive rights to build high speed internet infrastructure in your town.Government licencing

5. DeJeers Jewelers owns 80% of the world's diamond mines. Control over Resources

Explanation:

A monopoly is when there's only one firm operating in an industry.

Economies of scale is cost reduction that accures to a firm as a result of its large scale production. For example, a supplier might give a producer a discount for buying in bulk.

A patent is when the government or an agency of the government gives the right to produce an invention or a good for a set period, others are usually excluded making, using or selling the invention.

Copyright gives the owner of an intellectual property the exclusive right to make copies of a creative work, usually for a limited time.

If a firm has exclusive access to resocurces, it is possible for the firm to prevent other firms from entering into the industry and thus retain monopoly power.

I hope my answer helps you

5 0
3 years ago
Gretchen works for Securitas Financial Group, but she seldom sees the inside of the offices. Instead, she does most of her work
olganol [36]

Since Gretchen does most of her work at home and seldom go to office, Gretchen have become independent contractors.

<h3>Who is an independent contractor?</h3>

An independent contractor serves as a self-employed person, who is a consultant that provides services to other organization.

Therefore, under Common law principles, independent contractor can be regarded as a status involving method of payment.

Learn more about independent contractor at;

brainly.com/question/25950911

3 0
2 years ago
To sell to Joann, you need to appeal to her ego. She'd rather hear that your new product will make people notice her as an innov
Rom4ik [11]

Answer:

The answer is B. Expressive social style.

Explanation:

From the details given about Joann, the  characteristics she portrays shows her as an individual with an expressives social style.

Individuals with expressive social styles prefer seeks personal approval and more willing to make their feelings known to others. The expressives  are characterized by high assertiveness and high responsiveness.    

3 0
3 years ago
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