The actual burden of a tax:_____.
a. falls most heavily on the side of the market that is more elastic.
b. falls most heavily on the side of the market that is more inelastic.
c. falls most heavily on the side of the market that is closest to unitary elasticity.
d. is distributed independently of relative elasticities of supply and demand.
Answers
The actual burden of a tax: **falls most heavily on the side of the market that is more inelastic.**
When a tax is imposed on a market, the burden of the tax is typically passed on to the participants in that market, either the buyers (demand) or the sellers (supply). The distribution of the tax burden depends on the relative elasticities of supply and demand.
If a market is more inelastic, it means that the quantity demanded or supplied is less responsive to changes in price. In this case, when a tax is imposed, the side of the market that is more inelastic will bear a larger portion of the tax burden. This is because they are less able to adjust their behavior in response to the tax, and as a result, the burden is shifted onto them.
Therefore, option b is correct: the actual burden of a tax falls most heavily on the side of the market that is more inelastic.
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Related Questions
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUWhich are examples of copyrighted online materials? Check all that apply.
an article from an Internet magazine
lyrics for a song written in the 1800s
photos taken by a student on his blog
a video game that is free for anyone to copy
an illustration sold by an artist on her website
an excerpt from a novel published in 1913
Answers
Answer:
a and d
Explanation:
Answer:
A & E
Explanation:
edge test
Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answers
Answer:
Buying an expensive piece of machinery
Explanation:
Product A has a sales price of $10 per unit. Based on a 10,000-unit production level, the variable costs are $6 per unit and the fixed costs are $3 per unit. Using a flexible budget for 12,500 units, what is the budgeted operating income from Product A?
Answers
Answer:
$20,000
Explanation:
Flexible budget is a type of budget that is adjusted for varied volume of output in order to arrive at a more realistic value.
In this scenario , unit sales price and the variable cost of product A will be used to calculate the sales turnover of the 12,500 units of product a and the corresponding variable cost. However , the fixed cost being unchanged during over the production period , remain the same that was used for the production of 10,000 units of product A.
Workings
Sales Revenue 12,500*10 125,000
Variable cost 12,500*5 ( 75,000)
Fixed cost 10,000*3 ( 30,000)
Operating income 20,000
Scenario 1
For years, a small country has been plagued with annual measles epidemics. Its government works with
scientists from around the world to distribute a vaccine to the vast majority of citizens in all parts of the nation.
Within a few months, workers return to their jobs and children return to school.
Scenario 2
In a neighboring country, most girls have attended school on a regular basis until the age of 12. The recently
elected president, however, has just announced his intention to increase the age of mandatory schooling for girls
to 16. As a result, a major foreign electronics producer announces its intention to open a factory in the country
within five years.
How have these two governments used investment in human capital to increase economic growth in their countries?
Answers
Answer:
The first country invested in health care. It eradicated an epidemic that was weakening its present and future workforce. Its investment was successful because it made people productive again. The second country recognized the potential for productivity in young girls. By taking steps to train and educate them, the government made them eligible for quality employment. The second country’s investment was successful because it strengthened its workforce and attracted foreign investment.
Explanation: sample answer
Answer:
The first country to make a health care investment. It eliminated a disease that was harming its workers both now and in the future. Its investment was successful because it restored productivity among its beneficiaries. The second counntry acknowledged young girls' potential for productivity. The government prepared and educated them in order to give them access to high-caliber employment. The investment in the second country was successful because it boosted its workforce and attracted outside the capital.
Explanation:
Edmentum Sample answer but worded differently :)
What are some positive and negative Impacts of globalization
Answers
Answer:
Globalization goal is 100% percent control of the people
Explanation:
Evidence of this is Charles Swab saying you will own nothing and be happy
Negative impacts are:
Outsourcing services, decrease in wages, workers' rights and interdependent economy.
for the year ending august 31, mammalia medical co. mistakenly omitted adjusting entries for (1) depreciation of $8,200, (2) fees earned that were not billed of $11,700, and (3) accrued wages of $2,600. indicate the effect of the errors on (a) revenues, (b) expenses, and (c) net income for the year ended august 31.
Answers
It is a crucial component of a company's books since it displays the performance of the business. The net profit is computed by subtracting all costs from the total revenue for the fiscal year.
What are Expenses?Expenses: It is the expense made by the organization to make money. It appears as a debit side in the income statement.Net Income: Net income is the amount left over after deducting all of the company's expenses, both direct and indirect, for the given period from all revenues.Revenue: It is the money the business makes from its main lines of operations. Income can be obtained by selling products or by offering clients services.Accrued Wages: These are the employee earnings that were earned but unpaid at the end of the reporting period. It appears on the balance sheet under the heading current liabilities.To know more about Expenses, visit:
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argo is analyzing a capital project for manufacturing golden fleece. the looms to manufacture cost $100,000 and will be depreciated over five years to a zero value. argo expects to sell the looms after the third year (2 years of depreciation remaining) for $10,000 due to expected advances in loom technology. if argo pays a 40% tax rate, what is the after-tax cash of the loom sale?
Answers
The after-tax cash of the loom sale is 20000.
What is the after-tax cash of the loom sale?Manufacture cost $100,000 and will be depreciated over five years to a zero value.
The Before-Tax Cash Flow is calculated by deducting Operating and Capital Costs from Revenue. Additionally, Before-Tax Cash Flow is equivalent to Cash Flow after Tax less Income Tax.
A measure of cash flow that considers the effect of taxes on earnings is called CFAT after taxes. This metric is employed to assess the cash flow of a corporate project or investment.
Depreciation per year = Cost/years of depreciation =
$100,000/5 = 20,000.
if argo pays a 40% tax rate,
The after-tax cash of the loom sale is
20000 * 40% =80000.
The after-tax cash of the loom sale is 20000.
100000 - 80000 = 20000
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The bank received and accepted a payment worth $7,200 from a customer on the company’s behalf. Which journal entry adjustment should the accountant make?
A.
Accounts receivable will be debited by $7,200.
B.
Accounts payable will be debited by $7,200.
C.
Accounts receivable will be credited by $7,200.
D.
Accounts payable will be credited by $7,200.
Answers
Answer:
C. Accounts receivable will be credited by $7,200
Explanation:
Accounts receivable are expected payments from customers. They exist because businesses sell goods and services to customers on credit. Account receivables are asset accounts. An increase in assets accounts is debited, and a decrease is credited.
If the banks received payment from a customer, it means a customer has paid for goods sold on credit. Accounts receivable have decreased ( to be credited), but cash in the bank has increased.
Which of the following recruitment sources is recommended when a company wants to target minorities?
Answers
Media advertising is recruitment sοurces is recοmmended when a cοmpany wants tο target minοrities.
Optiοn A is cοrrect.
What is advertising media?The term "advertising media" encοmpasses all fοrms οf media, including the internet, televisiοn, radiο, magazines, newspapers, and billbοards. By highlighting the advantages οf a prοduct οr service, it can be used tο cοnvince peοple tο buy it.
Advertising is a pοtent tοοl that can assist yοu in acquiring new custοmers, educating them abοut yοur prοducts, and establishing trust with existing οnes. The majοrity οf businesses assist themselves in prοduct οr service prοmοtiοn by emplοying sοme fοrm οf advertising.
Thrοugh visual, verbal, οr written messages, advertising is the prοcess οf infοrming and persuading a large audience tο purchase a prοduct οr service. A paid fοrm οf nοn-persοnal presentatiοn and prοmοtiοn οf ideas, gοοds, οr services is knοwn as advertising.
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Complete Question:
Which of the following recruitment sources is recommended when a company wants to target minorities?
A. media advertising
B. sales promotion
C. Networking
In the early days of virtual reality systems, what type of training applicaiton, developed by the bell helicopter company, used displays connected to a camera to give a satisfactory sense of reality, and ultimately led to the dist head-mounted display?.
Answers
During the early days of virtual reality systems, the training application developed by bell helicopter company was the VR technology.
A simulated experience, or virtual reality (VR), might resemble or be entirely unrelated to the real world. Virtual reality has several uses, including entertainment, particularly video games, education, such training for the military or in the medical field, and business, like virtual meetings. Aside from virtual reality, other different forms of technology comprise enhanced reality and mixed reality, also known as extended reality or XR, however definitions are still evolving as the field develops. Present-day virtual reality systems provide lifelike visuals, sounds, and other sensations that mimic a user's actual presence in a virtual environment using either virtual reality headsets or multi-projected environments
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The organization, distribution, balance, and general relationship of actors and objects within the space of each shot is called ________.
Answers
It should be noted that organization, distribution, balance, and general relationship of actors that exists in space of each shot is called Composition.
What is Composition?Composition serves as the coming together of organization as well as balance in a specific space.
This usually help to bring a good relationship between the elements of the organization and aid corporation.
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APR is typically higher than the interest rate because
*
1 point
APR is only associated with smaller loans
the interest rate only factors in the principle
interest rate is a better picture of the coast as a whole
APR includes fees and other costs
Answers
Answer:mk
Explanation:km
A project has the following estimated data: price = $72 per unit; variable costs = $42.48 per unit; fixed costs = $6,600; required return = 16 percent; initial investment = $12,000; life = six years. Ignore the effect of taxes.
a. What is the accounting break-even quantity?=$291
b. What is the cash break-even quantity?
Answers
The amount of output or sales at which total income equals total costs and there is no profit or loss is referred to as the break-even quantity, also known as the breakeven point. It is the point at which a business has made enough money to cover all of its expenses.
Now we can calculate the accounting break-even quantity as follows:
Total Cost = Fixed Cost + Variable Cost (per unit) * Quantity
Let the accounting break-even quantity be x.$6,600 + $42.48x = $72x$72x - $42.48x = $6,600$29.52x = $6,600x = $6,600/$29.52 = 223.21 units ≈ 224 units. Now we can calculate the cash break-even quantity as follows:
Total Cost = Fixed Cost + Variable Cost (per unit) * Quantity. Let the cash break-even quantity be y.
Total cash inflows = Total cash outflows
Total cash inflows = Price per unit * Quantity
Total cash outflows = Fixed cost + Variable cost per unit * Quantity + Initial investment
$72y = $6,600 + $42.48y + $12,000$29.52y = $18,600y = $18,600/$29.52 = 629.26 units ≈ 630 units. Therefore, the cash break-even quantity is approximately equal to 630 units.
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The management of Vaughn Group is reevaluating the appropriateness of using its present inventory cost flow method. They request your help in determining the results of operations for 2020 if either t
Answers
The choice of inventory cost flow method can have significant implications for financial reporting and profitability. Vaughn Group should seek advice from an accountant or financial advisor to determine the most suitable method based on their specific circumstances and regulatory requirements.
Vaughn Group's inventoryVaughn Group is reconsidering its inventory cost flow method, which can impact the results of operations for 2020. The two common methods are FIFO and LIFO.
With FIFO (First-In, First-Out):
Oldest inventory items are assumed to be sold first.Cost of goods sold (COGS) is calculated by summing up the cost of the oldest inventory items sold.Ending inventory is valued based on the cost of the most recent inventory items.Gross profit, operating profit, and net profit are derived by subtracting expenses from revenue.With LIFO (Last-In, First-Out):
Most recent inventory items are assumed to be sold first.COGS is calculated by summing up the cost of the most recent inventory items sold.Ending inventory is valued based on the cost of the oldest inventory items.Gross profit, operating profit, and net profit are derived by subtracting expenses from revenue.Learn more on inventory cost flow method here https://brainly.com/question/28929779
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The complete question found is:
The management of Vaughn Inc. is reevaluating the appropriateness of using its present inventory cost flow method, which is average cost. The company requests your help on how to determine the results of operations for 2020 if either the FIFO or the LIFO method had been used.
A basic concept in economics is that all resources are
O scarce.
• allocated.
valuable.
O renewable.
Answers
A basic concept in economics is that all resources are scarce. Thus, option a. is the correct answer.
Explain about the basic concept about the economics.
Every person's life includes doing economics on a regular basis in addition to studying it. It serves as a means of balancing the inputs and outputs of money. Whatever it is, one should prepare before the month or count at the end of the month or year, whether it is a small family, a large family, a small commercial enterprise, or a giant organisation. Economics seeks to strike a balance between the unending demands and the finite resources.
After saying this, we'll start talking about the topic of "economics." The pupils who are just beginning their studies in commerce in class XI will find this subject extremely interesting. In essence
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Answer:
Option A scarce
Explanation:
The money that is promised to be paid in a promissory note is called the ______________.
Question 7 options:
a)
Interest rate
b)
Payee
c)
Principal
d)
Amount
Answers
Answer:
The answer to your question is payee
Assets and costs are proportional to sales. debt and equity are not. the company maintains a constant 35 percent dividend payout ratio. what is the sustainable growth rate?
Answers
Based on the constant dividend payout ratio, the sustainable growth rate can be found to be 13.3%
How to find the sustainable growth rate?First, find the Return on Equity:
= Net income / Equity
= 3,160 / 15,400
= 20.519%
The Sustainable growth rate is:
= Return on Equity x (1 - dividend payout ratio)
Solving gives:
= 20.519% x (1 - 35%)
= 13.3%
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From The Secret to Being Creative: The author quotes financial blogger Josh Brown as saying blogging is fundamentally what?
1: about creative and original thought
2: about unique content
3: about intellectual property
4: a derivative form
Answers
According to The Secret to Being Creative, the author quotes financial blogger Josh Brown as saying that blogging is fundamentally about creative and original thought. This means that bloggers should strive to create unique and innovative content that reflects their individual perspective and ideas.
Josh Brown's quote suggests that blogging is not simply a derivative form of writing or a means to generate intellectual property, but rather a platform for individuals to express their creativity and share their insights with the world. By emphasizing the importance of original thought in blogging, Brown underscores the value of authenticity and individuality in online communication. Aspiring bloggers should take this advice to heart and focus on developing their own voice and perspective, rather than simply regurgitating information or repeating what others have already said. Ultimately, the most successful bloggers are those who are able to connect with their audience through their unique and creative content, and who are able to inspire and engage others with their ideas and insights.
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Jasper makes a $25,000, 90-day, 7 % cash loan to Clayborn Co. Jasper's entry to record the collection of the note and interest at maturity should be: (Use 360 days a year.)
A) Debit Cash for $25,000; credit Notes Receivable $25,000.
B) Debit Cash $25,437.50, credit Interest Revenue $437.50; credit Notes Receivable $25,000.
C) Debit Cash $25,437.50; credit Notes Receivable for $25,437.50.
D) Debit Notes Payable $25,000; Debit Interest Expense $1,750; credit Cash $26,750.
E) Debit Cash $26,750; credit Interest Revenue $1,750, credit Notes Receivable $25,000.
Answers
Answer:
B) Debit Cash $25,437.50; credit Interest Revenue $437.50; credit Notes Receivable $25,000.
Explanation:
Based on the information given Jasper's appropriate journal entry to record the collection of the note and interest at maturity should be:
Debit Cash $25,437.50
($25,000+$437.50)
Credit Interest Revenue $437.50
(7%*25,000*90 days/360 days a year =$437.50)
Credit Notes Receivable $25,000
(Being to record the collection of the note and interest at maturity)
outline the role of two secondary sector industries that supply products to fs
Answers
The secondary area makes a specialty of the manufacturing of the number one enterprise with the purpose of advertising and trade.
The required details for secondary area of the economy in given paragraph
The secondary area of the economy is an monetary area in the three-area theory that describes the position of manufacturing. It encompasses industries that produce a completed, usable product or are worried in construction. This area usually takes the output of the number one area and creates completed goods appropriate on the market to domestic businesses or consumers and for export . Many of those industries devour big portions of energy, require factories and use machinery; they may be frequently labeled as light or heavy primarily based totally on such portions. This additionally produces waste substances and waste heat that could motive environmental troubles or pollution. Examples include fabric manufacturing, vehicle manufacturing, and handicraft.
Manufacturing is an vital pastime in promoting monetary growth and development. Nations that export synthetic merchandise generally tend to generate better marginal GDP growth, which helps better incomes and consequently marginal tax revenue had to fund such authorities expenses as fitness care and infrastructure.
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what is a company market share
Answers
A company's market share is its sales measured as a percentage of an industry's total revenues. You can determine a company's market share by dividing its total sales or revenues by the industry's total sales over a fiscal period. Use this measure to get a general idea of the size of a company relative to the industry.
I hope this helps! Good luck.
Five hair stylists at a salon perform 12 haircuts in two hours. One of the stylists,
Francesca, is leaving the salon after 10 years. Francesca usually performs 2
haircuts per hour. Which of the answer choices is correct?
Answers
The salon's average product of labor will decrease when Francesca leaves the salon in the given circumstances.
How is the average product of labor determined?The average product of labor (APL) gauges the typical output of each employee. The total product is simply divided by the workforce. The total output of labor divided by the quantity of workers employed, or Q/L, yields the average product of labor (APL). A popular metric for assessing labor productivity is the average product of labor.
The form of the AP curve on the left suggests that as more workers are hired, AP initially increases to a maximum before decreasing. The average output (or products) that each input produces is referred to as an "average product", factors of production like labor and land.
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What house designs are eco friendly?
Answers
Answer:
Cob.
Straw Bale. ...
Underground Homes. ...
Rammed Earth Construction. ...
Earth Sheltered Homes.
Solar Roofing. ...
Bamboo Flooring. ...
Cork Flooring.
Explanation:
hopes this helps
How did the disruption in Atlantic shipping prior to and during the War of 1812 significantly affect the U.S. economy? A: Imports of raw materials increased in the Northeast. B: Americans emigrated to Europe to find manufacturing jobs. C: Cotton sales from southern states to Europe increased. D: American industries expanded to provide replacements for foreign goods.
Answers
The disruption in Atlantic shipping prior to and during the War of 1812 significantly affect the U.S. economy as American industries expanded to provide replacements for foreign goods.
What happened in the Atlantic Ocean during the War of 1812?On the high seas, the War of 1812 was waged in a variety of ways using sea power, including ship-to-ship combat, naval blockades, coastal raids, joint operations with the army, and a trade war including privateers and letters of marque. The Northeast saw an increase in raw material imports as a result.
In search of manufacturing jobs, Americans moved to Europe. The amount of cotton sold by southern states to Europe rose. The American industry was greatly boosted by the War of 1812. It pushed American firms to create products they had previously imported from abroad.
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2. Have you ever experienced what you thought to be an attempt at phishing, or have you ever
received a phone call that sounded like a scam? Describe the situation below and what you did to
protect your personal or financial information.
If you don't recall an experience like this, write a fictional scenario of a scam that might be used to
get someone's personal information, and what can be done to avoid it.
(8 points: 4 points to describe the act of phishing or scam; 4 points to describe what was done to
avoid the situation)
Answers
One possible scenario of a scam to get someone's personal information is a phishing email scam.
What happens in an email scam ?In this scenario, a person receives an email that appears to be from a legitimate company, such as a bank or an online retailer. The email may claim that there is a problem with the person's account or an unauthorized transaction has been made.
The email will then provide a link or attachment for the person to click on to resolve the issue. However, the link or attachment will direct the person to a fake website or download malicious software that can steal the person's personal information, such as their login credentials or credit card details.
To avoid falling victim to this scam, there are several things that can be done. First, always be cautious of unsolicited emails or messages. Second, do not click on any links or attachments in emails or messages, especially from unknown sources.
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what term describes the increase in worth of a product or service to a consumer as a result of advertising efforts?
Answers
Advertising Elasticity of Demand (AED) is the increase in the worth of a product or service to a consumer as a result of advertising efforts. Based on the question above the correct answer is Advertising Elasticity of Demand (AED).
Advertising is a paid, mediated form of communication from an identifiable source, designed to persuade the consumer, receiver, or people who see the advertisement to take some action, now or in the future.
Advertising Elasticity of Demand (AED) is a measure of advertising expenditure's impact on new sales for a company.
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Never charge more on your credit cards than you can afford to pay in one month.
~True
or
~False
Answers
Answer:
False
Explanation:
So sometimes you might need to charge a little more, although it is not wise to do it repeatedly or charge a lot more. But if you need to go a few dollars over it will be fine.
Hope this helps!
If you use a student loan to pay for college and drop out, the student loan:
a) disappears because you did not finish college
b) become proportional to how long you stayed in school
c) doubles
d) stays the same. you have to pay the loan whether or not you finish school
Answers
option D, "stays the same. you have to pay the loan whether or not you finish school" is the correct answer.
Why is it?
You use a student loan to pay for college and drop out, you are still responsible for repaying the loan regardless of whether or not you finished school.
The loan does not disappear, nor does it become proportional to how long you stayed in school or double. When you take out a student loan, you sign a loan agreement with the lender that specifies the terms of the loan, including the repayment terms.
Dropping out of college does not change the terms of the agreement, and you are still obligated to repay the full amount of the loan, plus any accrued interest.
Therefore, it is important to consider the financial implications of taking out a student loan and to have a plan for repayment, even if you do not complete your degree.
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If, after interviewing, you are sure a job is not for you, it is not necessary to send a thank-you note.
Please select the best answer from the choices provided
T
F
FIRST ANSWER GETS BRAINLIEST ;)
Answers
Answer:
I think t because it's to be nice because u never know they can reccomend u for something
Answer:
The answer is False
Explanation:
I took the test on e2020