subject
Business, 09.04.2020 22:33 shelbs433

An excise tax levied on a product will impose a smaller relative burden on consumers (and a larger relative burden on sellers) when: Group of answer choices the supply of the product is relatively inelastic. the supply of the product is relatively elastic. the demand for the product is relatively elastic. either a or c is true.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:30
Mai and chuck have been divorced since 2012. they have three boys, ages 6, 8, and 10. all of the boys live with mai and she receives child support from chuck. mai and chuck both work and the boys need child care before and after school. te boys attend the fun house day care center and mai paid them $2,000 and chuck paid them $3,000. mai's agi is $18,000 and chuck's is $29,000. mai will claim two of the boys as dependents. she signed form 8332 which allows chuck to claim one of the boys. who can take the child and dependent care credit?
Answers: 3
question
Business, 22.06.2019 21:10
In transportation model analysis, the stepping-stone method is used to: a. obtain an initial feasible solutionb. evaluate empty cells for possible degeneracyc. evaluate empty cells for potential solution improvementsd. identify a dummy origin pointe. balance supply and demand
Answers: 1
question
Business, 23.06.2019 04:40
2. a computer equipment was acquired at the beginning of the year at a cost of $56,000 with an estimated residual value of $5,000, and an estimated useful life of five years. determine the second year’s depreciation expense using the straight-line method.
Answers: 3
question
Business, 23.06.2019 19:30
In the market for widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. the equilibrium quantity in the market for widgets is 250 per month when there is no tax. then a tax of $6 per widget is imposed. as a result, the government is able to raise $750 per month in tax revenue. we can conclude that the after-tax quantity of widgets has fallen by a. 25 per month. b. 50 per month. c. 75 per month. d. 100 per month.
Answers: 2
You know the right answer?
An excise tax levied on a product will impose a smaller relative burden on consumers (and a larger r...
Questions
question
Mathematics, 15.01.2021 23:40
question
Advanced Placement (AP), 15.01.2021 23:40
question
Mathematics, 15.01.2021 23:40
question
Mathematics, 15.01.2021 23:40