About _____ percent of adults over age 90 have lost all functional vision.

The deadweight loss from a tax per unit of good will be smallest in a market with a. inelastic supply and elastic demand. b. ine

deff fn [24]

The deadweight loss from a tax per unit of good will be smallest in a market with inelastic supply and inelastic demand.

The Deadweight loss refers to loss that occurs when supply and demand are not in equilibrium and thus, result in market inefficiency.

Usually, the value of the deadweight loss varies with the demand elasticity and supply elasticity.

So, when the demand or supply is inelastic, the deadweight loss of the taxation will be smaller because the quantity bought or sold varies less with price.

Therefore, the answer is B. because the deadweight loss from a tax per unit of good will be smallest in a market with inelastic supply and inelastic demand.

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7 0

2 years ago

The greeting of a cover letter is referred to as the

Slav-nsk [51]

Answer:

The answer is Salutation.

Explanation:

A salutation is the greeting at the beginning of a cover letter that is included with a resume when applying for a job

8 0

2 years ago

A corporation had the following assets and liabilities at the beginning and end of this year.

ludmilkaskok [199]

Answer:

Net Income / Net Loss:

Scenario A $35,888 (-58,000 + 22,112)

Scenario B $37,088 (-58,000 + 22,112 + 1,500)

Scenario C -$9,112 (-58,000 + 45,000 + 22,112)

Scenario D $17,112 (-58,000 + 35,000 + 22,112 + 18,000)

Explanation:

a) Data and Calculations:

Beginning Ending

Assets $57,000 $24,463

Liabilities 115,000 46,575

Equity (58,000) ($22,112)

Net Income / Net Loss:

Scenario A $35,888 (-58,000 + 22,112)

Scenario B $37,088 (-58,000 + 22,112 + 1,500)

Scenario C -$9,112 (-58,000 + 45,000 + 22,112)

Scenario D $17,112 (-58,000 + 35,000 + 22,112 + 18,000)

b) The net income is the difference between the beginning equity plus new investments and the ending equity and dividends.

5 0

3 years ago

When donating non-cash items to a charity, which of the following is not

inn [45]

Answer:

Considering selling the items and donating cash instead

7 0

3 years ago

Read 2 more answers

At the beginning of the year, Saratoga Dress Co. had an inventory of $300,000. During the year, the company purchased merchandis

svet-max [94.6K]

Answer:

The cost of goods sold and the ending inventory, respectively, were: $660,000 and $490,000

Explanation:

Saratoga Dress Co. had gross profit rate of 45%

Gross profit rate = (Gross Profit/ Sales)x 100%

Gross Profit = (Gross profit rate x Sales)/100% = (45% x $1,200,000)/100% = $540,000

Cost of Goods Sold = Sales - Gross Profit = $1,200,000 - $540,000 = $660,000

The ending inventory = the beginning inventory + purchasing merchandise - Cost of Goods Sold = $300,000 + $850,000 - $660,000 = $490,000

3 0

3 years ago