Answer:
The amount of the tax on a bottle of wine is $5 per bottle. Of this amount, the burden that falls on consumers is $3 per bottle, and the burden that falls on producers is $2 per bottle. True or False: The effect of the tax on the quantity sold would have been larger if the tax had been levied on producers.
Explanation:
The amount of the tax on a bottle of wine is $5 ($3 + $2).
The burden on consumers is $3 ($9 - $6), which is the difference between the after-tax purchase price and the before-tax purchase price for consumers. This implies that the burden passed to consumers is $3 out of the total tax burden of $5.
The burden on producers is $2 ($6 - $4) which represents the difference between before-tax selling price and the after-tax selling price for the producers. This means that the burden passed to producers is $2 out of the total tax burden of $5.
If the tax burden were passed to the producers alone, the selling price would have been more than $11 ($6 + 5). This would have reduced demand for wine as consumers would have been forced to bear the total burden. This would have made the tax unequitable. This would have been the case unless demand is inelastic. That means that the total demanded is not sensitive to price increases.
Answer:
Labor and store space (land and building)
Explanation:
In economics, the factor market refers to the purchase and sale of <u>factors of production,</u> which include land, labor, capital, and entrepreneurship.
Answer:
1- A, B and D
Explanation:
An effective biology technician must have a set of analytical skills, attention to detail and critical thinking.
These are the important characteristics for this function, as a biology technician will handle several types of research and experiments, which characterizes that analytical skills will be necessary for data analysis and interpretation of results. Attention to detail is also necessary, as a biology technician will have as one of his activities to prepare biological samples, such as blood and food samples, for laboratory analysis, which requires maximum attention to details so as not to compromise results.
And finally, the critical thinking skills form the set of skills necessary to be a good technician in biology, since critical thinking makes the professional know how to develop a logical thinking, necessary to select the samples used in experiments and other analyzes.
Answer:
The correct answer is: increase.
Explanation:
Unemployment is the state in which a person does not have a job and is not currently looking for one. It is also defined as the state in which a person who is actively searching for employment is unable to find work. The most frequently sided measure of unemployment is the Unemployment Rate. This is the number of unemployed people divided by the number of people in the labor force.
Thus, if more people become discouraged by not finding a job and they stop searching, the <em>Unemployment Rate is likely to increase</em>.
