This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following leads to the suppliers paying all of a tax? A) The supply is perfectly ... (Read 19 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Marty

  • Member
  • Posts: 553
Reply 2 on: Jun 29, 2018
Gracias!

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

supply chain supply chain
Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
This slave burial service, painted by John Antrobus in 1860, reflects an inversion of power relation This slave burial service, painted by John Antrobus in 1860, reflects an inversion of power relation
The original Supply and Demand graph The original Supply and Demand graph
A multistep model for colon cancer. The first mutation, in the APC gene, leads to the formation of p A multistep model for colon cancer. The first mutation, in the APC gene, leads to the formation of p
Video: Plant Defense Mechanisms from Pathogens

For a complete list of videos, visit our video library