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-BARSIC- [3]
3 years ago
8

Jem wants to make sure the gaming system she wants to buy includes

Business
1 answer:
exis [7]3 years ago
6 0
Your answer will be D
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The demand for salt is inelastic, and the supply of salt is elastic. The demand for caviar is elastic, and the supply of caviar
stellarik [79]

Answer:

<h2>In the case of the salt,the salt buyers would bear most of the tax burden and for caviar,the sellers would bear most of the tax burden.Hence,the correct answer is option b. or buyers of salt and the sellers of caviar.</h2><h2 />

Explanation:

In the case of salt,the supply is more elastic than the demand which implies that the salt sellers are relatively more responsive to salt price change in the market.Therefore,if any tax is imposed on them,it would basically translate into higher production cost for the sellers and due to price elasticity of supply,the sellers would pass the tax to the salt consumers who are comparatively less price sensitive.Now,since the consumer demand for salt is inelastic and the consumers are relatively price insensitive,the consumers won't perhaps mind paying a higher market price for salt including the extra tax.Hence,in this instance,the tax burden would fall on the salt buyers or consumers.

On the other hand,based on the same line of argument,the tax burden would fall on the sellers of caviars as the price elasticity of caviar supply is less than that of the caviar demand.In this case,the caviar sellers are less sensitive about changes in market price of caviars and thus,won't mind paying a relatively higher production cost/expense which is inclusive of the tax burden.Due to higher price elasticity of demand or price responsiveness,the cavier consumers would be reluctant to bear the tax burden and pass it onto the sellers.

8 0
3 years ago
A firm's operations drive its structure. <br> a. True <br> b. False
Wittaler [7]
True hope this helped
6 0
3 years ago
Zully has obtained an SBA loan to start a new business in her town. She has an arrangement with Ford Motor Company to be the exc
Darya [45]

Answer:

Zully most likely has a manufacturing franchise

Explanation:

Based on the scenario being described within the question it can be said that Zully most likely has a manufacturing franchise. This is a franchising agreement in which the franchiser gives a manufacturer the right to produce and sell their products while also using their name and brand. Which is exactly what Zully is doing by selling Ford Vehicles.

7 0
3 years ago
What is the major difference between corporations and other kinds businesses?
BartSMP [9]

Answer:

A corporation is a separate entity apart from that of the owners. A corporation is not responsible for its debts if it fails. A corporation is much larger than other kinds of businesses.

Explanation:

6 0
3 years ago
Read 2 more answers
what is the quistan to nunber four pleas help me i realy need your help if you cant help me thats fine but can you try to help m
DochEvi [55]
Yeah there is not question or upload up there

8 0
3 years ago
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