Answer:
JW Marriott JR
am not sure hope this will help
Answer:
It isn't a violation of the law of demand. It is as a result of the elasticity of demand.
A tax is a compulsory sum levied on a good or service. Taxes increases the price of products. In determining whom should bear the greater burden of the tax between the consumer and the seller, elasticities are usually considered. The party with either a relatively inelastic supply or demand bears the greater burden of tax while the party with the more elastic demand or supply bears less burden of tax.
Demand (supply) is elastic if a small change in price has a greater effect on the quantity demanded (supplied).
Demand (supply) is inelastic if a small change in price has little or no effect on the quantity demanded (supplied).
For good X, consumers have an inelastic demand so they bear more of the tax Burden. As a result of the tax, price increases, yet the quantity demanded doesn't change. Therefore, the total revenue would rise.
For good Y, consumers have an elastic demand. Therefore, they bear less burden of tax. As a result of the increase in price, the quantity demanded falls and total revenue falls.
Explanation:
Answer:
End of the contract year.
Explanation:
Calendar year deductibles (and refunds) operate on a regular calendar year basis, starting on January 1st and ending on December 31st. Generally refunds should be made during January and February of the next year.
If the policy works on a plan year basis, both the deductibles and the refunds will be based on the renewal date of the policy, and not the calendar year basis.
Explanation:
The product cost is the cost that have incurred related to the product. It involves direct material cost, direct labor cost, and the manufacturing overhead account
And, the period cost is the cost which includes the major part of the selling and administrative expenses and is incurred as the time passes
So, the categorization is shown below:
a. Salaries of scientists studying ways to speed forest growth. = Period cost
b. Cost of computer software to track WIP Inventory. = Product cost
c. Cost of electricity at the paper mill. = Product cost
d. Salaries of the company’s top executives. = Period cost
e. Cost of chemicals to treat the paper. = Product cost
f. Cost of TV ads. = Period cost
g. Depreciation on the manufacturing plant. = Product cost
h. Cost to purchase wood pulp.= Product cost
i. Life insurance on the CEO. = Period cost
What is the task ? Mathematical equations?
