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
Likurg_2 [28]
3 years ago
13

When considering sales tax, more elastic demand results in _____

Business
1 answer:
AnnZ [28]3 years ago
4 0

Answer:

a. more deadweight loss and less revenue

Explanation:

Sales tax increases the price of a good or service.

Demand is elastic if a small change in price has a greater effect on the quantity demanded.

If a sales tax is imposed on a good or service, the price of the good would increase and become more expensive. This would lead to a fall in quantity demanded and an increase in deadweight loss and a loss of revenue.

I hope my answer helps you

You might be interested in
Geoff purchased a life annuity for $4,800 that will provide him $100 monthly payments for as long as he lives. Based on IRS tabl
Brilliant_brown [7]

Answer:

B. $80

Explanation:

The annuity exclusion ratio is ($4,800/($100*240))= 20% return of capital per payment. Hence, $80 of the $100 monthly payment is include in gross income

8 0
3 years ago
Hugh Morris Comics sold for $110,000 cash a 3D printer that cost $334,000 with accumulated depreciation of $221,000. This transa
dezoksy [38]

Answer:

A. An investing activity.

Explanation:

In the statements of cash flows for a given period end, the difference between the opening and closing cash balances for a period is recognized in 3 buckets of activities. These are operating, investing and financing activities.

When an asset is sold for cash, the proceed received from the sale is recognized as an inflow of cash in the section of investing activities in the cash flow statements.

8 0
3 years ago
Which government action is used to limit the amount of scarce goods citizens can buy during wartime?
Charra [1.4K]

The government’s action that they use in limiting the amount of scarce of goods for citizens to buy during the wartime is rationing. Rationing is an action or process of having a person to have a limited or fixed amount in which in goods—they can only have or brought a limited amount of goods.

7 0
3 years ago
Who would be MOST critical of these statements about Free Trade Agreements?
sammy [17]
A USA worker whose job has been outsourced to a foreign country. I’m pretty sure hopefully this is helpful:3 Pls mark as brainliest if possible
4 0
3 years ago
Read 2 more answers
Bing engaged Dill to perform personal services for $2,200 a month for a period of four months. The contract was entered into ora
Maurinko [17]

Answer:

Bing can immediately sue for breach of contract

Explanation:

Based on the scenario that is being described, Bing can immediately sue for breach of contract. Breaching a contract is when one party in a binding agreement fails to deliver according to the terms of the agreement. When Dill made an anticipatory repudiation, he basically stated that he does not intend to live up to the obligations of the contract that he had agreed to, therefore breaching the contract and becoming liable.

4 0
3 years ago
Other questions:
  • The money being made in a company.<br> A)Obsolesce <br> B)Solvency <br> C)Revenue <br> D)Debt
    11·1 answer
  • Which activity is involved in creating a traditional navajo weaving?
    13·1 answer
  • 4.The following information is available for Lock-Tite Company, which produces special-order security products and uses a job or
    7·1 answer
  • Tom Klem is the controller of Watson Manufacturing, Inc. He estimates that the company’s breakeven point in sales dollars is $2
    5·1 answer
  • Layla Fox is a creative, imaginative, artistically sensitive individual who loves to take on new opportunities. She is a success
    9·1 answer
  • When deciding on output levels, members of a cartel A. Set their output where MR=MC B. Produce the same level of output as if th
    10·1 answer
  • Johanna Taylor, a creative developer at Leo Technologies Inc., is developing a website for the company. To address the usability
    6·1 answer
  • When managing your human resources, _____________ is the process of deciding who should be hired, under legal guidelines, to ser
    10·1 answer
  • A______is a breakdown of a project into its various component parts with the
    12·1 answer
  • The first mall in mumbai, india​ was successful. Builders proceeded to construct three more right away. However, they have more
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!