The statutory incidence (burden) of a tax refers to: the legal limit on how much sellers can raise price in an attempt to shift tax burdens to consumers. b. how much revenue the tax is able to generate. what percentage of the tax burden falls on buyers and what percentage of the burden falls on sellers. which party has the legal obligation to send the tax dollars to the government Regardless of the statutory incidence of a commodity tax, the economic incidence of tax is: entirely on buyers if supply is perfectly inelastic. b. entirely on buyers if demand is perfectly inelastic. entirely on buyers if demand is perfectly elastic. d. entirely on sellers if demand is perfectly inelastic. Suppose aluminum foil and plastic wrap are perfect substitutes. If a tax is placed on aluminum foil but not on plastic wrap, the burden of the tax will fall on: sellers since they cannot raise the price of aluminum foil. sellers since the price of aluminum foil will increase by the amount of the tax buyers since the price of aluminum foil will increase by the amount of the tax both buyers and sellers since the price of aluminum foil cannot increase by th amount of the tax. 145 Chapter 7 Assignn
Answers
d)The statutory incidence (burden) of a tax refers to which party has the legal obligation to send the tax dollars to the government. c) Regardless of the statutory incidence of a commodity tax, the economic incidence of tax is entirely on buyers if demand is perfectly inelastic.b)The burden of the tax will fall on buyers since the price of aluminum foil will increase with the amount of the tax.
The statutory incidence of a tax is the legal obligation of who is responsible to send the tax dollars to the government. This is typically the seller of the good or service that is subject to the tax. The economic incidence of the tax, however, refers to who ultimately bears the burden of the tax - buyers or sellers.
If demand is perfectly inelastic, meaning that buyers are still willing to purchase the good or service at any price, then the entire burden of the tax is borne by the buyers since sellers cannot raise the price of the good to shift the burden.
If supply is perfectly inelastic, then the burden of the tax is entirely on sellers. If both demand and supply are perfectly elastic, then the burden of the tax is evenly split between buyers and sellers.
When a tax is placed on aluminum foil, the sellers cannot raise the price of the aluminum foil to cover the amount of the tax since it is a perfect substitute for plastic wrap. Therefore, the buyers will have to bear the burden of the tax, as the price of aluminum foil will increase by the amount of the tax.
For more questions like Tax burden click the link below:
https://brainly.com/question/28043564
#SPJ4
Related Questions
During a performance appraisal, labeling people with certain characteristics is most likely to
Multiple Choice
O motivate employees.
O increase the dedication of employees.
O put employees on the defensive.
O increase employee productivity.
Answers
During a performance appraisal, labeling people with certain characteristics is most likely to put employees on the defensive.
A performance assessment, also known as a performance review, performance evaluation, development talk, or employee appraisal, is a periodic and systematic procedure that documents and evaluates an employee's work performance.
This is done after staff have been taught and settled into their roles. Performance appraisals are a component of career development that entails frequent evaluations of employee performance inside firms. Annual performance evaluations, while widely used, have been criticised for offering criticism too seldom to be beneficial, and some critics claim that performance assessments in general do more harm than good.
To know more about Performance appraisal here-
https://brainly.com/question/15871666
#SPJ4
The opportunity cost of an alternate course of action that is relevant to a make-or- buy decision is a. subtracted from the "Make" costs. b. added to the "Make" costs. C. added to the "Buy" costs. d. none of these.
Answers
According to the investment plans the opportunity cost of an alternate course of action that is relevant to a make or buy decision is added to the "Make" costs.
The term Opportunity cost in business is defined as the cash inflow of the next best alternative, forgone by selecting an alternative and they are relevant for businesses to arrive at the right investment decisions.
Here we have given that opportunity cost of an alternate course of action that is relevant to a make-or- buy decision .
Here we need to know what is meant by make or buy decision an act of choosing between manufacturing a product in-house or purchasing it from an external supplier.
Therefore, option (b) is correct.
To know more about opportunity cost here
https://brainly.com/question/13036997
#SPJ4
the new high-tech deep-sea vessel that your program is developing requires five separate research and development projects to create new materials and components. each component relles interdependency a risk or an opportunity?
Answers
to develop novel components and materials. Each element poses a danger due to their interdependence.
What materials are commonplace?Any excavated material that is not "topsoil," "rock," or man-made hard material is referred to as "common material." Sample 1: "Common Material" refers to components utilised in the manufacture, testing, and packaging of devices for the buyer as well as for devices made by the provider or its other clients.
What do materials go by?A substance or combination of substances that makes up an object is called the material. Materials may be living or non-living, pure or impure. Materials can be categorised according to their chemical and physical characteristics, as well as according to their geological or biological origin.
To know more about materials visit:
https://brainly.com/question/13376768
#SPJ4
Government influence at local regional national and European levels
Answers
Based on the sociopolitical analysis, the government influence at local, regional, national, and European levels is significant for the development of the nations involved from the micro level to the macro level.
What is Government Influence?Government Influence is a term that is used to describe government policies, and laws, which are established to regulate the affairs of the people, organizations, economic decisions, political outcomes, and other sociological situations.
Government influence, at the local level, starts with different wards and local councils, including the Mayor and the councilmen.Government influence at state levels involved the laws and regulations made by the state, which is headed by the Governor and the State Assembly.Government influence at the national level is usually headed by the President, together with the legislative to make policies and laws that govern people in all the sectors of the economy, including the military.Government influence at the European level is based on alliance and voluntary participation whereby the mode of operation is inclusive for every nation involved.Hence, in this case, it is concluded that Government influence is vital in any society.
Learn more about Government influence here: https://brainly.com/question/741324
#SPJ1
A relatively stable and enduring tendency to behave in a particular way is called a _____.
(a) self-concept
(b) internal locus of control
(c) trait
(d) factor.
Answers
A relatively stable and enduring tendency to behave in a particular way is called a trait.
A personality attribute that satisfies the three requirements of being consistent, stable, and unique to each individual is called a trait. This definition suggests that a trait is a comparatively stable attribute that motivates people to act in particular ways.
The trait approach is one of the most important theoretical subfields in personality study. The idea of traits maintains that a person's distinctive personality is made up of a range of tendencies. The behavior of those who display the feature must be consistent across circumstances. For instance, if a person is talkative at home, chances are good that they would exhibit the same behavior at work. On actions connected to the attribute, people vary from one another. There are personality qualities like talkativeness because people differ in how frequently they converse.
Learn more about Personality here:
https://brainly.com/question/17636115
#SPJ4
A person performing real estate activities in Missouri, under the judgment or order of a court, such as a trustee in a bankruptcy, is ______.
Answers
A person who engages in real estate activity in Missouri according to a court order or judgment, such as a bankruptcy trustee, is exempt from the necessity for a real estate license.
The regulations requiring real estate license have a few exceptions.
You do not require a real estate license if you live in an apartment complex and agree to manage it in exchange for lower rent.Employees of a firm may act as its representatives while buying and selling real estate. This exception frequently applies to public utilities.To buy or sell your own homes, you are never required to get a real estate license.know more about license here
https://brainly.com/question/15829119#
#SPJ4
A person performing real estate activities in Missouri, under the judgment or order of a court, such as a trustee in a bankruptcy, is a waiver of the requirement for real estate licensing
You can submit an application for your real estate salesperson or broker license after fulfilling the eligibility conditions and passing the test. Six months after finishing your 48-hour pre-examination course, you must submit your license application to the Missouri Real Estate Commission. If no education is necessary, the Missouri Real Estate Commission must receive proof of passing BOTH parts of the required examination within the six months prior to the day the license application is submitted. For information on how to apply for your salesperson or broker's license, see to the instructions on the back of your passing score report.
For a Missouri and federal criminal history background check, all applicants for an original Missouri license must provide their fingerprints. Therefore, before submitting an application for licensing, all new applicants must contact IDEMIA (Identogo) for fingerprinting.
To know more about Real Estate:
https://brainly.com/question/10336196
#SPJ4
a bi system enabled target to identify customers who might be pregnant by ________.
Answers
A BI system enabled the target in order to identify customers who might be pregnant by the customer purchasing patterns of vitamins and lotions.
Business intelligence (BI) systems tend to combine data storage, data gathering, and as well as the knowledge management with the data analysis in order to evaluate and also transform the complex data into meaningful, and the actionable information.
However, Business intelligence (BI) is considered to be a broad category which is of the application programs and technologies. As, it is a technology-driven process for analyzing data. For instance, to identify customers who might be pregnant by customer purchasing patterns of lotions and vitamins.
To learn more about the Business intelligence (BI) systems here:
https://brainly.com/question/15406226
#SPJ4
What is the principal of a mortgage?
Answers
The principal of a mortgage is the amount of money that is borrowed from a lender to purchase a property. It is the portion of the total loan amount that is used to purchase the property, as opposed to the interest, which is the cost of borrowing the money.
The principal is typically paid back to the lender over the course of the loan through monthly mortgage payments. The payment is typically made up of both principal and interest, with the majority of the payment going towards interest in the early years of the loan and more towards the principal as the loan nears its end. The principal of a mortgage is an important concept to understand, as it affects the overall cost of the loan and the amount of money that you will need to borrow. By paying off the principal of the loan over time, you can eventually own your home outright and be free of your mortgage obligation.
Learn more about economic here https://brainly.com/question/14787713
#SPJ4
a(n) reflects a company's awareness of how, when and where is should complete, against whom it should compete and for what purpose
Answers
A strategy reflects a company's awareness which is of how, when and where it should compete, and against whom it should compete and for what purpose.
A strategy is the direction which an organization tend to take with the aim of achieving future business success. So, a strategy sets out that how an organization intends in order to employ its resources. This can also include the skills and the knowledge of its people as well as financial and material assets.
However, strategy tends to ensure that every aspect of a business is planned. That when, where, and with it should compete. So, this means more efficiency and also better and more effective plans.
Hence, the business strategies tend to give direction to the entire organization.
To learn more about the material assets here:
https://brainly.com/question/14826727
#SPJ4
A strategy reflects a company's awareness of how, when and where is should complete, against whom it should compete and for what purpose. A plan outlines the ways by which the outcomes (goals) will be accomplished (resources). Strategy can be predetermined or it can develop organically when an organization competes or changes its surroundings.
The art of battle is where the idea of strategy first emerged. According to Webster's Dictionary, a strategy is "a plan, technique, or series of maneuvers or stratagems for achieving a specified purpose or outcome." It is also "the science or art of integrating and deploying the instruments of war in organizing and directing significant military actions and operations." To accomplish their economic, social, and environmental objectives, businesses use strategy and the strategic planning process.
THE IDEA OF A PLAN OF ACTION
1 Historical Evolution of Strategic Planning - In the 1950s, annual budget planning gave way to strategic planning. In the 1960s, businesses had to expand their planning beyond an annual basis due to the quickly expanding demand, necessitating long-term planning.
2 Defining Strategy and Strategic Planning - The definition of strategy varies, and there is little agreement on how it should be composed. This challenge is exacerbated by the fact that the word "strategy" is frequently used to refer to many organizational levels, including the corporation as a whole, the strategic business unit, and the product (note that for smaller companies, the corporate and strategic business unit levels may be the same). Ironically, marketing scholars frequently lack a unified definition of strategy. Strategy is utilized in a variety of circumstances, including marketing, distribution, and communication. [8] There is no agreed-upon definition of the strategy concept, despite the fact that it is an important aspect of strategy study.
3 The General Nature of Strategy - Despite the fact that strategic planning and strategy have different definitions, some general characteristics of strategy can be stated. Numerous categories or definitions exist for strategy. Niemelä[15] identified the following strategies, for instance:
A framework or atmosphere for strategyAs a plan that comes from a structured planning procedure, a strategythe position of strategythe pursuit of competitive advantage through strategyUsing strategy as a framework for choices and actionsTo know more about strategy:
https://brainly.com/question/15860574
#SPJ4
The chart shows the marginal revenue of producing apple pies.
__ Pies_____ Total __ Marginal
produced__revenue__ revenue
_per day
0__ ── _ ──
1 _ $10 __ $10
2 _ $20 _ $10
3 _ $30 _ $10
4 _ $40 _ $10
5 _ $50 _ $10
6 _ $60 _ $10
7 _ $70 _ $10
According to the chart, the marginal revenue
❌ A) decreases by ten dollars as production increases.
❌ B) increases by ten dollars as production increases.
❌ C) falls to zero dollars as production increases.
✔️ D) remains the same as production increases.
Quiz./I Help People Like you Who Need Help. I did the if you don't like it that makes me sad : (
Answers
The graph on marginal revenue shows that marginal revenue D) remains the same as production increases.
What is marginal revenue ?The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns.
According to economic theory, firms that are completely competitive keep on producing goods until marginal revenue and marginal cost are equal.
As shown in the graph, the marginal revenue was $ 10 from the first unit produced up until the 7 th unit produced. This means that the marginal revenue remained the same as production increased.
Find out more on marginal revenue at https://brainly.com/question/13444663
#SPJ1
a car dealer's advertisement inviting people for a test drive is an example of the use of _____.
Answers
A car dealer's advertisement inviting people for a test drive is an example of the use of sales promotion.
What is advertising?An advertisement refers to a tool of promotion that is used by an organization in order to inform or educate customers about a new product or the new applications or modifications introduced in the existing product.
Sales promotion refers to a promotional strategy to raise the interest of the customer in regard to the product. In this case, a test drive is offered in order to raise their interest of customers in the car.
Learn more about Sales Promotion, here:
https://brainly.com/question/13975307
#SPJ1
which of the following is not a goal of team building? a. analyze how work is performed b. examine how a group is working c. set team goals and priorities d. all of these are correct. e. examine relationships among the people doing the work
Answers
Team building does not aim to examine relationships between those executing the work. Team building: What is it?
A procedure known as "team building" aims to teach a group of individuals how to function well as a team. In order to develop teamwork abilities like problem-solving, planning, and communication, team building typically entails exciting and inspiring activities and events.
What are exercises that promote teamwork?Team-building exercises include games and other activities that encourage people to collaborate more effectively and efficiently. While fostering a camaraderie that can result in an unstoppable team, team building exercises encourage acceptance of individual diversity.
To know more about Team building visit:
https://brainly.com/question/10477989
#SPJ4
The equilibrium exchange rate of pounds is $1.70. At an exchange rate of $1.72 per pound:Group of answer choicesa. U.S. demand for pounds would exceed the supply of pounds for sale and there would be a shortage of pounds in the foreign exchange market.b. U.S. demand for pounds would be less than the supply of pounds for sale and there would be a shortage of pounds in the foreign exchange market.c. U.S. demand for pounds would exceed the supply of pounds for sale and there would be a surplus of pounds in the foreign exchange market.d. U.S. demand for pounds would be less than the supply of pounds for sale and there would be a surplus of pounds in the foreign exchange market.e. U.S. demand for pounds would be equal to the supply of pounds for sale and there would be a shortage of pounds in the foreign exchange market.
Answers
$.70 is the equilibrium exchange rate for pounds. At a pound conversion rate of $1.72, there would be an excess of pounds on the foreign currency market because U.S. demand for pounds would be lower than the available supply.
The mathematical expression for the equilibrium exchange rate.The global nominal interest rate I and a risk premium that is based on the nation's position in the international asset market determine the nominal interest rate. In this equilibrium, the trade surplus is (y,(e) - (t* + 0)c - gr). Interest payments are calculated by multiplying net foreign assets by the interest rate, or i*a*.
What impact would the presence of a foreign currency have on the exchange rate?A growth in a currency's supply on the supply side will cause the supply curve to shift to the right, rearranging supply and demand so that they now meet at a different position with a drop in the value of the currency as a result.
Learn more about equilibrium exchange rate: https://brainly.com/question/29804445
#SPJ4
The equilibrium exchange rate for pounds is $.70. At a pound to dollar exchange rate of $1.72, there would be an excess of pounds on the foreign exchange market because there would be less demand for pounds in the United States than there is supply.
A methodology for computing out even the equilibrium exchange rate.The nominal interest rate is determined by a risk premium based on the nation's position in the international asset market and the global nominal interest rate I. (y,(e) - (t* + 0)c - gr) is the trade surplus in this equilibrium. The interest rate, abbreviated as i*a*, is multiplied by net foreign assets to determine interest payments.
How may the presence of a foreign currency affect the exchange rate?A rise in a currency's supply just on supply side will cause the demand to shift to the right, rearranging demand and demand so that they now meet at a new point with a decline in the value of the money as a result.
Learn more about nominal interest rate : https://brainly.com/question/13324776
#SPJ4
What are the three important reasons for maintaining confidentiality in the workplace?
Answers
Confidentiality must always be maintained for a variety of reasons.
If the client or customer believes that the company or one of its workers have disclosed certain confidential information about them, they may launch a lawsuit against the company.
The reputation of the company may also suffer as a result of this. Therefore, protecting information at work becomes crucial for both the organization and the employees.
Additionally, since the competition doesn't know their plan, it helps the business keep one step ahead of them. It upholds a level of professionalism and fosters client trust and respect for the business. In many workplaces, confidentiality is a key component.
The management of confidentiality is a soft talent that is becoming more and more valuable across a variety of businesses and fields since it is a tool used to safeguard individuals, guarantee a high level of company security, and keep private data protected.
This protection can aid in meeting legal compliance requirements and helping firms establish confidence and trust with their clients and associates. This essay examines the value of workplace secrecy, providing examples and outlining the crucial competencies needed for successful confidentiality.
To know more about confidentiality:
https://brainly.com/question/15013460
#SPJ4
Code of ethics foster ethical behavior by: O encouraging employees to be more competitive and profit-oriented.OI highlighting the religious implications of behaving in an unethical manner.O limiting the opportunity to behave unethically by providing punishments for violations of rules and standards. O Making employees understand that they should use their own judgment to determine if an action is ethical. O pointing out to the employees that ethical behaviors are subjective and are dependent on social perceptions.
Answers
A code of ethics promotes ethical conduct by educating employees on how to use their discretion to determine what is right and wrong, implementing consequences for breaking rules and standards, and emphasizing that ethical behavior is based on the company's values and not societal norms.
What is code of ethics foster ethical behavior?A code of ethics is a set of guidelines that outlines the principles and values that a company expects its employees to adhere to. It serves as a tool for promoting ethical behavior within an organization by clearly defining what is considered acceptable and unacceptable conduct. One of the main ways that a code of ethics fosters ethical behavior is by educating employees on how to use their own judgment to determine if an action is ethical. This helps to empower employees to make the right decisions, even in difficult or uncertain situations. Additionally, a code of ethics can limit the opportunity for employees to behave unethically by providing punishments for violations of rules and standards. This helps to create a culture of accountability, where employees know that they will be held responsible for their actions. Furthermore, a code of ethics also points out to the employees that ethical behaviors are not dependent on social perceptions, but rather on the company's values and standards. This encourages employees to focus on the company's values and to act in accordance with them regardless of external pressures or social norms. Overall, a code of ethics plays a crucial role in shaping the culture of an organization, promoting ethical behavior and fostering a positive work environment for all employees.To learn more about Code of ethics refer:
brainly.com/question/24606527
#SPJ4
12. Which of the following is a capital asset?
a.
Inventory held by a manufacturer
b.
Accounts receivable held by a dentist
c.
All property owned by a taxpayer other than property specifically noted in the law as an exception
d.
Depreciable property and real estate used in a trade or business
13. Sol purchased land as an investment on January 12, 2005 for $85,000. On January 31, 2015, Sol sold the land for $60,000 cash. What is the nature of the gain or loss?
a.
Long-term capital loss
b.
Long-term capital gain
c.
Short-term capital gain
d.
Short-term capital loss
e.
None of the above
14. Sol purchased land as an investment on January 12, 2005 for $85,000. On January 31, 2015, Sol sold the land for $20,000 cash. In addition, the purchaser assumed the mortgage of $70,000 on the land. What is the amount of the realized gain or loss on the sale?
a.
$65,000 loss
b.
$15,000 loss
c.
$5,000 gain
d.
$90,000 gain
e.
None of the above
15. An asset’s adjusted basis is computed as:
a.
Original basis + capital improvements - accumulated depreciation.
b.
Original basis - capital improvements + accumulated depreciation.
c.
Original basis + capital improvements + accumulated depreciation.
d.
Original basis + capital improvements + gain or loss realized.
e.
None of the above.
16. For the year 2015, Susan had salary income of $19,000. In addition she reported the following capital transactions during the year:
Long-term capital gain
$ 7,000
Short-term capital gain
$ 3,000
Long-term capital loss
$(2,000)
Short-term capital loss
$(4,000)
There were no other items includable in her gross income. What is the amount of her adjusted gross income for 2015?
a.
$19,000
b.
$21,400
c.
$23,000
d.
$26,000
e.
None of the above
17. Robert and Becca are in the 25 percent tax bracket. They have a long-term capital gain of $27,000 and a long-term capital loss of $18,000 on sales of stock in 2015. What will their capital gains tax be in 2015?
a.
$4,050
b.
$6,750
c.
$1,350
d.
$9,000
e.
None of the above is correct
18. Which of the following assets is not a Section 1231 asset?
a.
Equipment used in a business
b.
The unharvested crops of a farmer
c.
Timber
d.
Inventory
e.
All of the above are Section 1231 assets
19. On December 31, 2015, Henry, a sole proprietor, sold for $65,000 a machine that was used in his business. The machine had been purchased in 2005 for $50,000, and when it was sold, it had accumulated depreciation of $20,000 and an adjusted basis of $30,000. For the year 2015, how should this gain be treated?
a.
Ordinary income of $35,000
b.
Section 1231 gain of $35,000
c.
Section 1231 gain of $20,000 and ordinary income of $15,000
d.
Section 1231 gain of $15,000 and ordinary income of $20,000
e.
None of the above
20. In 2015, Tim sells Section 1245 property for $28,000 that he had purchased in 2008. Tim has claimed $5,000 in depreciation on the property and originally purchased it for $15,000. How much of the gain is taxable as ordinary income?
a.
$5,000
b.
$8,000
c.
$18,000
d.
$13,000
e.
None of the above is correct
21. Terry has a casualty gain of $1,000 and a casualty loss of $5,400, before the $100 floor and before the adjusted gross income limitation. The gain and loss were the result of two separate casualties occurring during 2015 and both properties were personal-use assets. If Terry itemizes deductions on her 2015 return and has adjusted gross income of $25,000, what is Terry’s gain or net itemized deduction as a result of these casualties?
a.
$5,300 itemized deduction, $1,000 capital gain
b.
$4,300 itemized deduction
c.
$1,800 itemized deduction
d.
$2,800 itemized deduction, $1,000 capital gain
e.
None of the above
22. In January 2015, Keyaki Construction Company exchanged an old truck, which cost $54,000 and had accumulated depreciation of $18,000, for a new truck having a fair market value of $65,000. In connection with the exchange, Keyaki paid $35,000 in cash. What is the tax basis of the new truck?
a.
$54,000
b.
$65,000
c.
$71,000
d.
$89,000
e.
None of the above
23. On August 8, 2015, Sam, single, age 62, sold for $210,000 his principal residence, which he has lived in for 10 years, and which had an adjusted basis of $60,000. On November 1, 2015, he purchased a new residence for $80,000. For 2015, Sam should recognize a gain on the sale of his residence of:
a.
$0
b.
$25,000
c.
$50,000
d.
$130,000
e.
None of the above
Answers
The correct option is :
All property owned by a taxpayer other than property specifically noted in the law as an exception
Now, According to the question:
Capital Assets & Capital Gains
In the USA, both Individuals and Corporations pay Capital Gains Tax. The rate depends on the type of Investment as well as their tax Brackets. The definition of a different type of Investments and taxation for the same is explained in Answers. As for Capital Assets, the Time Period and the purpose for which it is held(Long/short term)for Holding the Asset, differentiates it from Non-Capital Asset.
Hence, The correct option is :
All property owned by a taxpayer other than property specifically noted in the law as an exception
Learn more about Capital Assets at:
https://brainly.com/question/14818338
#SPJ4
What did President Roosevelt's the new deal do for the banking industry?
Answers
The New Deal for the banking industry included the creation of the Federal Deposit Insurance Corporation (FDIC), a federal regulation of banks, and the establishment of the Securities and Exchange Commission (SEC).
The FDIC provided an insurance policy to banks, ensuring that deposits would be covered up to a certain amount in case of a bank failure. This gave depositors greater security and increased confidence in the banking system.
The federal government also began to regulate banks to prevent fraud and protect the public from financial instability. Finally, the SEC was established to regulate the stock market and protect investors from fraud and financial manipulation.
These measures helped stabilize the banking industry and create a more secure financial system for the nation.
For more questions like FDIC click the link below:
https://brainly.com/question/26625199
#SPJ4
Apple sold more than 7 million iPads within months of launching the product. Prices for this product ranged from $499 to more than $800, and Apple had difficulty keeping up with the demand. Obviously, the _____ outweighed the _____ for this product.
Answers
Apple sold more than 7 million iPads within months of launching the product. Prices for this product ranged from $499 to more than $800, and Apple had difficulty keeping up with the demand. Obviously, the benefits outweighed the cost for this product.
What costs do you refer to?The cost of materials, labor, services, products, equipment, and other commodities used by a company or other accounting entity is defined in accounting as the dollar amount of purchases made for those things. It is the amount that is stated as the invoice price and is noted in the bookkeeping records as an expense or asset cost basis.
To know more about costs visit:
brainly.com/question/30045916
#SPJ4
________ is the amount an investment is worth discounted back to the present.
Answers
The present value of money is the amount of money that an investment is worth when discounted back to the present. The commitment of money to the acquisition of an asset is referred to as investment.
with the intention of enhancing its worth over time. The sacrifice of a present thing, such as time, money, or effort, is required for investment. The purpose of finance investing is to get a return on the investment. The return may consist of a gain (profit) or loss realized through the sale of a property or investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. Currency gains or losses due to fluctuations in foreign currency exchange rates may also be mentioned.
learn more about Investment here:
https://brainly.com/question/15353704
#SPJ4
1) Monopolies and monopolistically competitive firms differ in that monopolies:
a) participate in markets where barriers to entry are present
b) different their products
c) face competition form many other firms
Answers
Monopolies and monopolistically competitive firms differ in that monopolies: b) different in their products.
Monopoly and monopolistic competition are different as the fundamental contrast is the number of players in the business sectors. A solitary dealer makes an imposing business model contest. Simultaneously, monopolistic rivalry expects somewhere around two however relatively few dealers.
The monopolistic contest is not the same as imposing a business model because monopolistic rivalry is portrayed by free passage, though restraining infrastructure is described by obstructions to entry. Monopolistically Serious firms have one trademark that resembles syndication (a separated item gives market power).
Hence option (B) is correct.
Learn more about monopolies:
https://brainly.com/question/13861369
#SPJ4
Suppose a wealthy French citizen buys $2 million worth of stock issued by an American corporation. The American firm uses the proceeds for a factory expansion. This is an example of foreign
Answers
The American firm uses the proceeds for a factory expansion. This is an example of foreign. This is an example of foreign Direct investment in the United States.
A foreign direct investment (FDI) is an investment by an entity headquartered in another nation in the form of controlling ownership of a business, real estate, or productive assets such as factories in one country. The concept of direct control distinguishes it from a foreign portfolio investment or a foreign indirect investment.
The origin of the investment has no bearing on its classification as an FDI: the investment might be made "inorganically" by purchasing a firm in the target country or "organically" by extending the operations of an existing business in that nation.
To know more about Foreign Direct investment here-
https://brainly.com/question/27540611
#SPJ4
The price elasticity of demand for heart transplants is perfectly inelastic. Thus, the price elasticity demand for heart transplants is Your answer: O 1.0 O 0.0 O -1.0 O -100.0
Answers
Since the price elasticity of demand for heart transplants is perfectly inelastic, its price elasticity of demand is equal to 0.
The price elasticity of demand measures how sensitive the change of price to the change of demanded quantity.
The criteria for price elasticity (let's denote it with p.e) of demand are:
0 (perfectly inelastic) : It means price changes result in no change in demand0 < p.e < 1 : It is called inelastic, which means Price changes result in a negligible impact in demand.p.e = 1 : It is called unitary, which means price changes correspond to percentage changes in demand.p.e > 1: It is called elastic, which means price changes result in a considerable change in demand.Price elasticity is an absolute value, which means it is always a positive number.
In the given problem, the price elasticity of demand for heart transplants is perfectly inelastic. Hence, the price elasticity of demand is 0.
Learn more about price elasticity here:
https://brainly.com/question/6791468
#SPJ4
A closeout report is primarily used to Select an answer O share a summary of the project with others O identify scope that wasn't completed in the project O document the completion of contracts initiated by the project O document the results of acceptance tests
Answers
A closeout report is primarily used to share a summary of the project with others (option a).
Given,
Closeout Report;
A project closeout report is a thorough document that describes key project components and documents variations relating to a project's budget, schedule, and scope. Reports typically examine the entire project and provide information about the project manager's capacity to carry out the project's phases successfully.
Project Summary;
A project summary is a tool for project management that condenses the state of a project at a specific point in time. They offer a synopsis of all the major components of your project's details and are succinct and thorough. Project summaries show internal project progress at a specific point in time.
Here,
Option a, that is, To share a summary of the project with others we can use closeout report.
Learn more about closeout report here;
https://brainly.com/question/30154713
#SPJ4
In estimating the value of a 50 unit apartment complex, which of the following approached would yield the most accurate estimate
A. cost b. income c. Market data c. gross rent multiplier
The purpose of Regulations Z is to require the lender disclose to consumers A. the note rate charged by lenders b. information as to the cost of credit, including finance charges c. the estimated percentage rate charged to the borrower D. the approximate closing costs on the loan
Which of the following liens has priority over the others?
A. a 6-month-old property tax lien
B. a 9-month-old judgement lien
C. a 2-year-old first mortgage
D. a 3-year-old mechanic's or construction lien
The major advantage of ownership in severalty is?
a) flexiblity on making decisions
b) sharing the risk with others
c) joint decision making
d) the risks are high
Which of the following Metes and Bounds description? beginning at the intersection of Bunker hill road and Munson ave, Thence 150 ft south; thence 85 ft west; thence 150 ft north; thence:
a) 150 ft south to the point of beginning
b) 150 ft west to the point of the beginning
c) 85 ft west to the point of the beginning
d) 85 ft east to the point of the beginning
Answers
The correct answer is option d. In estimating the value of a 50 unit apartment complex, gross rent multiplier would yield the most accurate estimate.
Gross rent multiplier which can be expressed as GRM is a screening metric that is used by investors to compare rental property opportunities in a given market. The GRM would function as the ratio of the property’s market value over property's annual gross rental income.
Gross Rent Multiplier = Fair Market Value ∕ Gross Rental Income
In simpler words it is the value which is calculated as the proportion of a given real investment after having into account the annual values to the rent income and after considering the value of other outcomes such as for example tax deductions.
To know more about gross rental income refer to-
brainly.com/question/28496060#
#SPJ4
Correct question
In estimating the value of a 50 unit apartment complex, which of the following approaches would yield the most accurate estimate:
a. cost
b. income
c. market data
d. gross rent multiplier
Influence marketing is an example of a _____ strategy.
content marketing
search marketing
FOMO
00
website design
search engine optimization
Answers
Search Machine optimization( SEO) is a strategy used to increase the visibility of a website in hunt machine results runners( SERPs).
SEO involves optimizing website content and structure to ameliorate its applicability and authority for specific keywords, perfecting specialized performance, and erecting backlinks from authoritative websites. This helps to insure that the website is visible in the SERPs when druggies search for the keywords associated with it. also, SEO can also involve adding the website's stoner experience to ameliorate its visibility, as well as optimizing for original hunt and optimizing for mobile bias. SEO is an important part of any digital marketing strategy and can help ameliorate the success and visibility of a website.
To know more about Search Machine optimization visit:
https://brainly.com/question/28355963?referrer=searchResults
#SPJ4
What are the 4 characteristics of pure competition?
Answers
Perfect competition is common term used to describe. The products being sold in perfect market with just competition would be same, eliminating possibility of one vendor providing different or superior product to another.
What is perfect competition?In economics, specifically general equilibrium theory, perfect competition, or atomistic competition, is the term used to describe the idealizing circumstances that constitute an atomistic market, also known as a perfect market. Perfect competition offers both allocative and productive efficiency. In these markets, output always happens where cost of production equals average revenue, or price (MC = AR), i.e., where the market price. A market price (P = MC) that is equal to its marginal cost must be considered by any company that wants to optimize its earnings. Markets with perfect competition aren't always productively efficient in the short run since output doesn't always happen when marginal cost equals average cost (MC = AC). The average total cost for each good and the marginal cost are now included in the price.
To learn about perfect competition, visit:
https://brainly.com/question/29635630
#SPJ4
employees that see themselves as going with the flow because that's all they can do have a(n) ___
a. nation of origin
b. locus of control
c. leadership style
d. production methode
d opportunity
Answers
employees that see themselves as going with the flow because that's all they can do have a(n) b. locus of control
An employee is a person who is engaged by a company on a regular basis to perform services for the firm in exchange for payment and who does not perform these services as a part of an independent business. Independent businesspersonThe classification in general is covered in this section. See independent contractor for other usage (disambiguation).The classification of employees is a problem that affects most businesses, particularly those that participate in the gig economy. Many workers who do jobs are frequently hired as independent contractors.
Learn more about employees:
https://brainly.com/question/21847040
#SPJ4
Choose the topics addressed in the FASB's conceptual framework. (You may select more than one answer. Sing box with the question mark to produce a check mark for a correct answer and double click the box with the q to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as ince O Elements of financial statements. O Desired characteristics of accounting information. O Objectives of financial reporting. O Valuation concepts relating to financial statement amounts. O Judgment about future events. O Assessment of management intent O Criteria for deciding what information to include in financial statements.
Answers
The topics addressed in the FASB's conceptual framework:
Elements of financial statements.Desired characteristics of accounting information.Valuation concepts relating to financial statement amounts. Assessment of management intentCriteria for deciding what information to include in financial statements.What Is the Conceptual Framework?The Conceptual Framework is a collection of interconnected goals and tenets, sometimes known as "Concept Statements." The basics are the underlying ideas that support the achievement of the objectives, which are the aims and purposes of financial reporting that are identified by the objectives.
By establishing the goals, qualitative traits, and other concepts that direct the choice of economic phenomena to be acknowledged and measured for financial reporting and their showcase in financial statements or related means of communication, the FASB Concepts Statements are intended to serve the public interest.
Learn more about Conceptual Framework, here:
https://brainly.com/question/29795194
#SPJ1
Which investment is the best for someone who may be in need of cash sometime soon?
saving account
share
valuable asset
Answers
Answer:
best option is share
Explanation:
the value of share maybe increase or decrease it depend on luck if it increases then you can buy those assets which value always increase like land furniture
used motors will sell you a $13,000 car for $350 a month for 48 months. what is the interest rate?
Answers
The interest rate is approximately 24.55%.Assuming you are asking for the annual percentage rate (APR):
The APR for this loan would be approximately 24.90%.The annual percentage rate (APR) is the interest earned by an amount charged to debtors or paid to investors each year. APR is a number that shows the real yearly cost of money throughout the life of a loan or the revenue received on an investment. This includes any fees or other costs linked with the transaction but excludes compounding. The APR offers consumers with a single number that they may use to compare lenders, credit cards, and investment products. An annual percentage rate (APR) is the annual interest rate imposed on a loan or earned on an investment. Before any agreement is formed, banking institutions must disclose the APR of a financial instrument.To prevent customers from misleading advertising, the APR offers a standard basis for providing annual interest rate information.
To know more about annual percentage rate:
https://brainly.com/question/10795072
#SPJ4
