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Sergio [31]
3 years ago
11

If a tax is imposed on a market with inelastic demand and elastic supply, then:

Business
1 answer:
Natali5045456 [20]3 years ago
6 0

Answer:

Buyers will bear most of the burden of the tax

Explanation:

Hope it helps

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​Craig's Craft Beer structures its company in such a way to encourage its most profitable older customers to remain loyal while
DedPeter [7]

Answer: Customer Equity.

Explanation:

Craig's Craft Beer company is building their customer equity, as they seek to maintain current customers and increase customer base. Customer Equity is the total value a business company benefits from all their customers, during their period of active patronage.

7 0
4 years ago
What are global equity ventures?
Veseljchak [2.6K]
International investments.  Could be for just about anything, from land to companies.
8 0
3 years ago
Woodman Products, Inc., has found that new products follow a learning curve. The first two units have been completed with the fo
ahrayia [7]

Answer:

(a) 72

(b) 57.6

(c) 46.08

Explanation:

Given that,

Units produced = 1

Marginal Labor Time = 112.50

Units produced = 2

Marginal Labor Time = 90.00

First, we need to calculate the learning rate.

Learning Rate:

= (Marginal labor time for producing 2 units ÷ Marginal labor time for producing 1 units) × 100

= (90 ÷ 112.50) × 100

= 80%

At production level of 1 unit:

Marginal Labor time = 112.5

At production level of 2 units:

Marginal Labor time:

= Marginal Labor time at 1 unit × Learning rate

= 112.5 × 80%

= 90

(a) At production level of 4 units:

Marginal Labor time:

= Marginal Labor time at 2 units × Learning rate

= 90 × 80%

= 72

(b) At production level of 8 units:

Marginal Labor time:

= Marginal Labor time at 4 units × Learning rate

= 72 × 80%

= 57.6

(c) At production level of 16 units:

Marginal Labor time:

= Marginal Labor time at 8 units × Learning rate

= 57.6 × 80%

= 46.08

5 0
3 years ago
Define ''limited in stock''
zepelin [54]

Answer:

Explanation:

it means that the product wont be around aymore since its limited to retailer?

5 0
3 years ago
How do ethics and law govern how businesses conduct themselves ?
Evgesh-ka [11]

Answer:

Ethics and law play a large part in the way organizations may treat those who work for them. Both ethical and legal concerns deal with when employees can be hired and fired, how management may treat them and pay them and what kind of work environment they can expect.

Explanation:

8 0
3 years ago
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