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
san4es73 [151]
3 years ago
6

The term tax incidence refers to A. the amount of revenue collected by the government from a tax. B. the actual division of the

burden of a tax between buyers and sellers in a market. C. the type of product the tax is levied on. D. the actual versus the desired division of a tax burden.
Business
1 answer:
blagie [28]3 years ago
5 0

Answer:

The correct answer is (B)

Explanation:

Tax incidence or known as the tax burden is a phenomenon that is used for the equal distribution of economic welfare between the sellers and the buyers. Both sectors are equally burdened to achieve static equilibrium and economic welfare.  After careful study it is determined that who will bear the tax burden and who will not.

You might be interested in
Which of the following firms has a high-performance culture? a. Rexot Bron Inc., a start-up firm that neither focuses on achievi
dsp73

Answer:

"C"

Explanation:

A high performance culture is a set of laid down rules (culture ) that an organization observe to achieve outstanding results (performance ) with the primary aim of getting an edge over competitors. It guides the daily activities of employees.

The four major attributes of a high performance culture are Strong leaders , employees involvement , continuous learning environment and flexibility  .

The corporate values of the organization is paramount and every action must be directed towards its achievement.                                                                                                                                      

3 0
3 years ago
Billy Bob's Barber Shop knows that a 5 percent increase in the price of their haircuts results in a 15 percent decrease in the n
Gala2k [10]

Answer:

Option (B) is correct.

Explanation:

Given that,

Percentage increase in price = 5%

Percentage decrease in quantity demanded = 15%

Therefore,

Elasticity\ of\ demand=\frac{percentage\ change\ in\ quantity\ demanded}{percentage\ change\ in\ price}

Elasticity\ of\ demand=\frac{15}{5}

                                           = 3.0

Hence, elasticity of demand facing Billy Bob's Barber Shop is 3.0

6 0
2 years ago
What is an easy way to convert an hourly wage into an approximate full-time annual wage?
polet [3.4K]
Convert Hours per shift into total days worked for a week then convert it into total 365 - Days working + Hourly Pay
8 0
3 years ago
When using a __________ strategy, there is no change in either the basic product line or the markets served. Instead, increased
Dima020 [189]

Answer: market development

Explanation: In simple words,market development refers to the strategy in which a firm tries to cover new market or increase its sales in the existing market through promotion or product development etc.

These strategies are usually used by the multinational corporations that are going to start their business in some new foreign country.

Hence from the above we can conclude that the correct option is B.

6 0
3 years ago
If you find a job you’re interested in on LinkedIn you should immediately
irakobra [83]

Apply for it and be a lucky man to live

6 0
3 years ago
Other questions:
  • One criteria for deciding whether to have a server active all the time or have it start on demandusing a process server is how f
    10·1 answer
  • If the cost of housing increases by 10 percent, then, other things the same, the CPI is likely to increase by about:(A) 10 perce
    8·1 answer
  • Which of the following best describes the Carolingian Renaissance? Select one: a. a new and speculative philosophy regarding the
    12·1 answer
  • Gross investment includes _____. rev: 04_09_2018 Multiple Choice fixed investment, residential investment, and financial investm
    7·1 answer
  • The tragedy of the commons results when​ ___________. A. too many public goods are provided.B. common pool resources are overuse
    5·1 answer
  • Thomas was thinking about the car he wants to buy in a few years. He does not know what he should do now so that he can buy the
    15·1 answer
  • You work part time in a telemarketing company. Your compensation is based on the number of credit card applicants you sign up. T
    7·1 answer
  • Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $4,000,000, 6%, 8-year bond that pays semian
    14·1 answer
  • The CEO of TruTone Manufacturing tells her executive management team that the company must become more agile to stay competitive
    5·1 answer
  • Transportation is a big part of the logistics picture. Freight can represent 50% of your logistics cost and up to 10-20% of your
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!