Answer: The burden of a tax will fall primarily on sellers when the B. demand for the product is highly elastic and the supply is relatively inelastic.
Explanation: A tax burden is a the effect the tax has on how welfare is distributed in an economy. The tax burden happens when the price elasticity of demand and the price of elasticity of supply are not where they have been projected to be.
Answer:
(a) in the primary market by an investment bank.
<u>Multiple -choice options</u>
(a) in the primary market by an investment bank.
(b) in the primary market by a stock exchange broker.
(c) in the secondary market by a securities dealer.
(d) in the secondary market by a commercial bank.
Explanation:
The securities exchange has both primary markets and secondary markets. The primary market deals with new shares or securities that corporations offer to investors. Once the securities have been issued, they become available for trading at the secondary market.
If a corporation wishes to raise additional funds, it issues new shares to investors. It contracts an investment banker who assists in planning, organizing, and facilitating the entire process. Since the corporation is offering new shares, they are issued in the primary market.
Economy comes from the Greek words household and manage which basically mean a are where production , distribution , or trade and consumption of goods and services by different agencies in a given location.
A Absolute Advantage exists when a country is the most efficient producer of an item.
False. A good way to think of this is that you are reinvesting your interest.
