This topic contains a solution. Click here to go to the answer

Author Question: Which of the following leads to the suppliers paying all of a tax? A) The supply is perfectly ... (Read 54 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
Which of the following leads to the suppliers paying all of a tax?
 
  A) The supply is perfectly elastic.
  B) The supply is perfectly inelastic.
  C) The demand is unit elastic.
  D) The demand is perfectly inelastic.

Question 2

An advantage of a partnership over a corporation is that
 
  A) a partnership's profits are taxed only once, while retained profits of a corporation are taxed twice.
  B) a partnership's owners usually have limited liability, while the entire wealth of owners of a corporation is at risk.
  C) a partnership has a perpetual life, while a corporation dies with its owners.
  D) a partnership's cost of capital is low relative to that of a corporation.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

allisonblackmore

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

B

Answer to Question 2

A




Marty

  • Member
  • Posts: 553
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Excellent

 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

For a complete list of videos, visit our video library