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3 years ago

PNG Company Comparative Balance Sheets

Business

1 answer:

7nadin3 [17]3 years ago

6 0

Answer:

42.44%

5. What was PNG Company’s profit margin for the year 20X1?

5.76%

2.80%

36.39%

12.02%

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three-fourths of the burden, and sellers bear one-fourth of the burden. b. one-half of the burden, and sellers bear one-half of

zubka84 [21]

The correct option is: For each unit of the good that is sold, buyers bear one-half of the tax burden and sellers bear one-half of the tax burden.

Explanation:

Incidence of tax is a term referred in economics which deals with division of taxes. Tax incidence refers to division of tax among the buyer and seller for a product. The tax incidence is related to the price elasticity of supply and demand.

When a product is sold, the buyer of the product is charged with one-half of the tax burden and the seller of the product bears the other-half of the tax burden.

The incidence of tax can be observed in two ways:

i) Formal incidence

ii) Effective incidence

7 0

4 years ago

Einstein Motors, has a capacity to produce 25,000 electric cars. Due to a temporary subsidy announced, there is a sudden increas

kaheart [24]

Answer:

Total Contribution margin: 107,500,000

Explanation:

Contribution: sales revenue - variable cost

normal price 5,000

peak-load price: 5,000 + 20% = 5,000 x 1.2 = 6,000

revenue

20,000 units at 5,000 100,000,000

5,000 untis at 6,000 30,000,000

Total revenue 130,000,000

variable cost:

25,000 units x 900 = (22,500,000)

Total Contribution margin: 107,500,000

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3 years ago

What is the basic strategy or strategies a marketing manager can choose in determiningâ€‹ price?

cupoosta [38]

I think it would be better if you provided some options to choose. But I think, I know the answer. I think it's one of practice innovative strategies.

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4 years ago

The horizontal aggregation of the individual labor supply curves for workers in a given location is known as the

Naddika [18.5K]

Answer:

market supply of labor

Explanation:

The description provided is for a term known as the market supply of labor. In the context of economics, this term refers to the number of individual workers of a specific trait and with a specific skill level who supply their labor for varied prices. When dividing this by type of work it is the horizontal summation of the individuals' labor supply curves as can be seen in the graph shown attached.

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4 years ago

Which of the following statements is most correct?

Rashid [163]

Answer:

see below

Explanation:

Because for the last sentence, the more proper pronoun would be "their".

7 0

2 years ago