Suppose the government imposes a $10 excise tax on the sale of sweaters by charging suppliers $10 for each sweater sold. if the demand curve for sweaters is downward sloping, we would predict that:
a. the price of sweaters will increase by less than $10. selected:
b. the price of sweaters will increase by $10.this answer is incorrect.
c. the price of sweaters will decrease by $10.
d. consumers of sweaters will bear the entire burden of the tax.
e. the quantity of sweaters purchased will increase.

Afreelance​ singer-songwriter is planning the restoration of a recently purchased civil​ war-era farmhouse. while he professes an enjoyment​ of, and talent in the construction​ trades, the theory of comparative advantage implies that a. the value of what he imports​ (in this​ case, professional contractor​ services) must equal the value of what he exports​ (songs). b. he should concentrate on the restoration work since his​ out-of-pocket costs will be much lower than if he hires professionals. c. ​self-sufficiency is​ advantageous, hence he should split his time between music and construction. d. the income lost while away from music will likely exceed the savings realized by doing the work​ himself, thus, he should hire professionals to do the restoration work. e. he ought to do as much of the work himself as possible since imports​ (in this​ case, professional contractor​ services) should always be restricted to those things that cannot be done internall

Blank is the internal operation that arranges information resources to support business performance and outcomes

Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?