Tax incidence is the a. burden sellers have to absorb from a tax on goods and services. b. deadweight loss created by a tax. c. burden buyers have to absorb from a tax on goods and services. d. lost revenue the government endures from goods and services that are not taxed. e. division of the burden of a tax between the buyer and the seller.
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By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e.g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i.e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?
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Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries
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Business, 22.06.2019 23:40
Robert is a district manager who oversees several store managers in a national chain of restaurants. robert reports directly to the vice president of stores and marketing, a member of top management. robert is a middle manager.t/f
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Tax incidence is the a. burden sellers have to absorb from a tax on goods and services. b. deadweigh...
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