Business, 06.08.2021 21:10 xyzendre

In the market for tomatoes, assume the market demand is perfectly inelastic and the market supply is inelastic. If a tax is placed on the suppliers in this market, how will the tax burden be distributed? a. Consumers will bear a greater burden of the tax, but not all the tax.
b. Consumers and producers will bear the tax burden equally
c. Producers will bear all the tax Consumers will bear all the tax
d. Producers will bear a greater burden of the tax, but not all of the tax.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 14:00

Bayside coatings company purchased waterproofing equipment on january 2, 20y4, for $190,000. the equipment was expected to have a useful life of four years and a residual value of $9,000. instructions: determine the amount of depreciation expense for the years ended december 31, 20y4, 20y5, 20y6, and 20y7, by (a) the straight-line method and (b) the double-declining-balance method. also determine the total depreciation expense for the four years by each method. depreciation expense year straight-line method double-declining-balance method 20y4 $ $ 20y5 20y6 20y7 total $

Answers: 3

Answer

Business, 22.06.2019 20:00

In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. in china, ten laborers, each making the equivalent of $ 2.25 per day, can produce 48 units. in billings comma montana, two laborers, each making $ 60.00 per day, can make 102 units. based on labor cost per unit only, the most economical location to produce the item is china , with a labor cost per unit of $ . 05. (enter your response rounded to two decimal places.)

Answers: 3

Answer

Business, 22.06.2019 23:30

Which career pathways require workers to train at special academies? a.emts and emergency dispatchers b.crossing guards and lifeguards c.police officers and firefighters d.lawyers and judges

Answers: 3

Answer

Business, 23.06.2019 00:30

What level of measurement (nominal, ordinal, interval, ratio) is appropriate for the movie rating system that you see in tv guide?

Answers: 2

Answer

You know the right answer?

In the market for tomatoes, assume the market demand is perfectly inelastic and the market supply is...

Questions