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
Arturiano [62]
3 years ago
9

The benefit of a subsidy will go primarily to sellers when the a. demand for the product is highly inelastic and supply is relat

ively elastic. b. demand for the product is highly elastic and the supply is relatively inelastic. c. subsidy is legally (statutorily) granted to the seller of the product. d. subsidy is legally (statutorily) granted to the buyer of the prod
Business
1 answer:
Arada [10]3 years ago
5 0

Answer:

When demand for the product is highly elastic and the supply is relatively inelastic.

Explanation:

Subsidy is an amount of money given to companies by the government to boost production. It is an intervention by the government when economic situation in the free market is unfavourable.

When firms recieve money to boost production their cost of production is reduced.

If demand is highly elastic a small change in price will result in large change in quantity demanded. Companies will sell more goods at a reduced cost.

Of the supply is relatively inelastic there will be a degree of scarcity of the good so prices will go up, and the company willake more money.

You might be interested in
You created a financial model for a pitchbook being presented tomorrow to a potential new client. While reviewing the final vers
sashaice [31]

Explanation:

A pitchbook is confidential document. It is basically a sales document, used by the sales force, which contains main features or attributes of the firm, the potential of the firm and the future aspects of the firm in detail.

So keeping the given question in mind, I would write to my supervisor as follows:

Subject: Assistance Required

Body:

Dear Sir,

By reviewing the whole document finally, which is to be presented to the client tomorrow, I found some mistakes in the results. I came to know that the results are incorrect and are surely needed to be corrected before the presentation.

I recommend you to delay the meeting for 3 hours by the scheduled time, as i need to check and correct the whole figures again and this would take time.

I am looking forwards for your advice.

Best Regards

6 0
2 years ago
Accounts payable $ 18400 Accounts receivable 11000 Accumulated depreciation – equipment 28000 Advertising expense 20600 Cash 150
Debora [2.8K]

Answer:

$42,800

Explanation:

The computation of the net income for the year is shown below:

= Service revenue - advertising expense - depreciation expense - insurance expense - rent expense - salaries & wages expense - supplies expense

= $133,000 - $20,600 - $11,900 - $3,100 - $17,300 - $31,400 - $5,900

= $42,800

We simply deduct all the expenses from the service revenue so that the net income for the year could come

8 0
3 years ago
A manufacturing company has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Da
anzhelika [568]

Answer:

$940 Favorable

Explanation:

Fixed manufacturing overhead budget Variance = Budgeted fixed overhead cost - Actual total fixed manufacturing overhead cost

Fixed manufacturing overhead budget Variance = $71,500 - $70,560

Fixed manufacturing overhead budget Variance = $940 F

So, the fixed manufacturing overhead budget variance for the period is closest to $940 F

4 0
2 years ago
Why might long-term interest rates go down at the same time that the federal reserve pushes short-term rates up?
mart [117]
<span>Because the federal reserve would want to discourage quick investments or want people to save more money right now. Long term rates would go down because these are well thought out infrastructure projects that are good for the long run.</span>
3 0
2 years ago
What examples best demonstrate likely tasks for Distribution and Logistics workers? Check all that apply. Stacy supervises worke
hoa [83]

Answer:    

Raisa, Mariah, Calvin

Explanation:

7 0
2 years ago
Read 2 more answers
Other questions:
  • ‍You have just decided to add a new line to you manufacturing plant. Compute the expected loss/profit from the addition if you e
    7·1 answer
  • You are asked to be the leader of a task group. You are a new member to the group that is under pressure to meet new production
    12·1 answer
  • 60 tens is the same as
    10·1 answer
  • In some cases, researchers are interested in very large groups such as all the inmates of the u.s. prison system. in this case,
    13·2 answers
  • Variable Cost Ratio, Contribution Margin Ratio Chillmax Company plans to sell 3,500 pairs of shoes at $60 each in the coming yea
    9·1 answer
  • Which of the following explanations argues that the Great Recession resulted from asset-price bubbles caused by euphoria and deb
    5·1 answer
  • You just purchased a share of SPCC for $100. You expect to receive a dividend of $5 in one year. If you expect the price after t
    10·1 answer
  • On January 1, 2018, Splash City issues $340,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and
    14·1 answer
  • Discuss Five types of visual aids?​
    12·1 answer
  • In a ________ marketing system, two or more unrelated companies put together resources or programs to exploit an emerging market
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!