Both the equilibrium price and the equilibrium quantity fall
The answer is, it is a good example of "<span>being dressed, even if not clothed".
Alev Lytle Croutier is an author who is based in San Francisco, US. She contemplated Comparative Literature at Robert College in Istanbul, and left Turkey at 18 years old in 1963 to study about Art History at Oberlin College in the US. She is a writer of the non-fiction books Harem. Before becoming an author, Croutier was a screenwriter and narrative movie producer in Japan, Turkey, Europe, and the US.
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Answer:
Producers
Explanation:
Inelastic supply is when a change in price has little or no effect on the quantity supplied.
Elastic demand is when a change in price has a greater effect on the quantity demanded.
Incidence of tax means the burden of tax. It refers to who would pay the tax.
The burden of tax would fall more on producers because their supply is inelastic.
If tax incidence fell on consumers, the quantity demanded of corn would fall as a result.
I hope my answer helps you
Answer:
b. $38,000 cost basis in XYZ and a $2000 cost basis in PDQ
Explanation:
The aggregate cost basis does not change in a spin-off. The original cost basis in XYZ stock is $40,000. After the spin off, the customer gets 100 shares of PDQ, with a $20 per share value = $2,000. This is the PDQ cost basis, and it comes out of the XYZ cost basis.
$40,000 XYZ cost basis - $2,000 PDQ cost basis = $38,000 adjusted XYZ cost basis.