Answer:
The correct answer is: price elasticity of supply and demand.
Explanation:
The government introduces a $4 per unit tax on the supply of automobile tires. The tax is imposed on the suppliers. The effect of the imposition of tax will remain the same whether the incidence falls on the buyer or seller. The imposition of tax will lead to an increase in the price of the commodity.
The burden shared by the buyers and sellers depends on the elasticity of demand and supply. If demand is more elastic than the supply, the supplier will bear the greater burden and vice versa.
Answer:
A four-year college-level degree is called
A.) ✔ a bachelor’s degree.
A two-year college-level degree is called
B.) ✔ an associate degree.
_______is a program that is usually no longer than one or two years, ending with a certificate, degree, or diploma in a specialized technical field.
B.) ✔ A career college.
_______is an on-the-job training experience in which the learner works at a job under the direction of an expert.
C.) ✔ An apprenticeship
Explanation:
I hope this helps!!! :))
Answer:
The correct answer is option A.
Explanation:
The exit of existing firms from the market will reduce the overall market supply. This will cause the market supply curve to move to the left.
This leftward shift in the market supply curve will lead to an increase in the equilibrium price. The equilibrium quantity will be reduced.
The other firms in the market will get more market share and higher profits.
Answer:
1,2- See attached pictures.
3-
1. LIFO
2. Average
3. FIFO
Explanation:
See attached pictures.
Answer:
B. allow reductions in pollution to be achieved at minimum cost.
Explanation:
Environmental standardization - development and establishment of a set of mandatory rules, requirements, norms and norms in the field of use of natural resources, protection of the environment from pollution and other harmful influences, ensuring ecological safety, aimed at improving their environmental characteristics and implementation of system-wide identification for establishment conformity and certification.The subject of standardization - technical legislation and regulatory documents regulating the processes, methods, methods, rules of human life. However, the economists think that these standards are not enough and have some problems. Based on social and economical analyzes, they proved that these regulations can not control polluter's emissions directly and then there will be the appearance new methods which are more effective than these. The biggest problem with environmental standards is : these standards are not flexible and they do not allow to fulfill the reduction in pollution by achieving at minimal cost.