subject
Business, 28.12.2019 02:31 kaylijocombs

Assuming a downward-sloping demand curve and an upward-sloping supply curve, which of the following will occur as a result of an increase in the sales tax on a good?

a. supply will increase.
b. demand will increase.
c. quantity supplied will increase.
d. quantity demanded will decrease.
e. the price paid by consumers will decrease.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)
Answers: 3
question
Business, 22.06.2019 08:30
What is the equity method balance in the investment in lindman account at the end of 2018?
Answers: 2
question
Business, 22.06.2019 12:00
In the united states, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. in the united kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. the united kingdom has a comparative advantage in the production of:
Answers: 2
question
Business, 22.06.2019 17:10
At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)
Answers: 3
You know the right answer?
Assuming a downward-sloping demand curve and an upward-sloping supply curve, which of the following...
Questions
question
Mathematics, 23.09.2020 15:01
question
Mathematics, 23.09.2020 15:01
question
Mathematics, 23.09.2020 15:01
question
Mathematics, 23.09.2020 16:01
question
Mathematics, 23.09.2020 16:01
question
Mathematics, 23.09.2020 16:01
Questions on the website: 13722367