the deadweight loss is smallest when a tax is levied on a good where the elasticity of demand is
Answers
The deadweight loss is smallest when a tax is levied on a good where the elasticity of demand is relatively inelastic.
The cost of market inefficiency, which happens when supply and demand are out of balance, is known as a deadweight loss.
Deadweight loss, a term mostly used in economics, refers to any deficit brought on by an ineffective resource allocation.
Deadweight losses are generally caused by an inefficient distribution of resources, which is brought about by a variety of interventions, including price floors, ceilings, monopolies, and levies.
These elements cause goods to be overvalued or undervalued because the price of a product is not adequately reflected.
When a product's price is not adequately displayed, customer and producer behaviour are likely to change, which typically has a negative effect on the economy.
To know more about deadweight loss, click here:
https://brainly.com/question/13719669
#SPJ4
Related Questions
1.
What plays a role in supply and demand by influencing consumers to seek out particular brands or markets?
labor
integration
elasticity
advertising
Answers
Answer:
Advertising its part if marketing and brands
As a project manager, you want to integrate change management into your project. you do this by ensuring stakeholders are aware of the upcoming changes. you introduce the deliverable to stakeholders by hosting a demonstration and a question and answer forum. these actions represent which change management best practice?
Answers
As a project manager, an action which ensuring stakeholders are aware of the upcoming changes, introducing the deliverable to stakeholders by hosting a demonstration and a question and answer forum would represent within the change management best practice is: a. Be proactive.
Who is a project manager?A project manager can be defined as an individual who is saddled with the responsibility of assembling a team that have common aims, goals, and objectives, in order to successfully execute and implement a project.
As a project manager, there are five best practices that used must adopt to change management on your projects and these include the following:
Be proactive.Communicate upcoming changes to stakeholders.Follow a consistent process.Show and practice empathyMake use of tools.In this context, we can reasonably infer and logically deduce that all project managers are expected to be proactive by ensuring their stakeholders are aware of any upcoming change.
Read more on project manager here: brainly.com/question/27599974
#SPJ1
Complete Question:
As a project manager, you want to integrate change management into your project. You do this by ensuring stakeholders are aware of the upcoming changes. You introduce the deliverable to stakeholders by hosting a demonstration and a question and answer forum. These actions represent which change management best practice?
a. Be proactive
b. Practice empathy
c. Follow a consistent process
d. Use tools
Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Answers
Answer:
Expansionary monetary policies
Explanation:
A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.
In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.
augustsson, lennart, jacob schwartz, and rishiyur nikhil. bluespec™ language definition. sandburst corporation, december 2002.
Answers
Bluespec SystemVerilog is a high-level hardware description language used for electronic design automation (EDA) and hardware verification.
Bluespec SystemVerilog allows designers to express their designs using a concise and expressive syntax, making it easier to specify complex behavior and data manipulation. The language provides constructs for describing concurrency, data types, control flow, and interface communication, among other features.
t combines the high-level abstraction of SystemVerilog with a rigorously defined semantics to enable efficient and correct design and verification of complex hardware systems.
Bluespec SystemVerilog is particularly useful in the design and verification of complex digital systems, such as microprocessors, networking devices, and embedded systems. Its high-level abstraction and powerful constructs help improve productivity and enable the development of reliable and efficient hardware designs.
To learn more about automation
https://brainly.com/question/30088157
#SPJ11
While the TVC and TC curves are parallel, why are the AVC and
ATC curves not parallel?
Answers
parallel, why are the AVC and ATC curves not parallel
The Total Variable Cost (TVC) and Total Cost (TC) curves are parallel because fixed costs remain constant. The Average Variable Cost (AVC) and Average Total Cost (ATC) curves are not parallel due to the influence of fixed costs and diminishing marginal returns.
The Total Variable Cost (TVC) and Total Cost (TC) curves are parallel because Total Fixed Cost (TFC) remains constant regardless of the level of output. This is because fixed costs do not change with production levels in the short run.
On the other hand, the Average Variable Cost (AVC) and Average Total Cost (ATC) curves are not parallel due to the influence of fixed costs. As output increases, the fixed costs get spread over a larger quantity of output, leading to a decrease in average fixed costs and causing the ATC curve to decline.
However, the AVC curve, which represents variable costs per unit of output, can still increase even as the ATC curve declines, reflecting the diminishing marginal returns and increasing variable costs per unit. Thus, the AVC and ATC curves intersect at a certain point rather than remaining parallel.
Learn more about Total Variable Cost here:
https://brainly.com/question/32078457
#SPJ11
Which of the following is a characteristic of a service?
A. Can be stored
B. Can be repeated in exactly the same way
C. Mass produced
D. Intangible
Answers
Answer:
D.Intangible
Explanation:
Because three characteristics of service are: intangibility, inseparability, variability
The correct answer is D. Intangible. is a characteristic of a service
What are servicesServices are intangible in nature. This means that they do not have a physical presence and cannot be touched or held like physical goods. This is one of the key characteristics that differentiates a service from a product.
Options A, B, and C are typically characteristics of goods, not services:
A. Services cannot be stored for later use like physical goods.
B. Due to the human aspect involved in delivering services, they may not be repeated in exactly the same way each time.
C. Services are generally customized to the individual customer and are not mass-produced in the same sense as physical goods.
Option D is therefore a service characteristic.
Read mrioe on service here https://brainly.com/question/1286522
#SPJ6
under what circumstances may an agency use current-year funds to purchase supplies that are not a bona fide need of the current fiscal year
Answers
An agency may use current-year funds to purchase supplies that are not a bona fide need of the current fiscal year under certain circumstances such as emergencies, unanticipated events, or time-sensitive opportunities. For instance, if an agency faces a sudden increase in demand for essential supplies, it may use current-year funds to purchase additional supplies.
Demand refers to the quantity of a product or service that consumers are willing and able to purchase at a given price over a specified period of time. It is a crucial concept in economics, as it drives market forces that determine the price, production, and distribution of goods and services. The demand for a product is influenced by various factors such as income, tastes, preferences, and prices of substitute goods. When demand increases, it typically leads to an increase in price and an increase in production. Conversely, a decrease in demand may lead to a decrease in price and a decrease in production. The relationship between demand, price, and quantity is represented by the demand curve, which is a graphical representation of the inverse relationship between the price of a good and the quantity of the good that consumers are willing to purchase.
You can learn more about Demand here brainly.com/question/29761926
#SPJ4
which political system would seek total control over its citizens?
A fasciam
B. capitalism
C. socialism
D.
none of the above
Answers
Answer:
A. Fasciam
Explanation:
i got it right
Answer:
a. fascism
Explanation:
"a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc., and emphasizing an aggressive nationalism and often racism."
"I can't believe it! We've spent 18 months developing a relationship with that client. Our families have even socialized together. We've become friends. And they use a one-sentence memo to tell us that we were not selected for the big contract! Not a word of thanks, not a clue as to why we were not selected. I'm very disappointed" said Hugh, Vice President of Sales. Hugh was particularly disappointed because:__________.
i. a personal text message would have been the richest medium for communicating this information memos are the least rich medium for communicating this information
ii. a personal note would have been the richest medium for communicating this information
iii. a face-to-face meeting would have been just as rich as an electronic mail message.
iv. a phone call would have been a richer medium for communicating than a face-to-face conversation
Answers
Answer:
ii. a personal note would have been the richest medium for communicating this information
Explanation:
ii. a personal note would have been the richest medium for communicating this information
In the given passage, Hugh was particularly disappointed because a personal note would have been the richest medium for communicating this information. Therefore, option B is the correct option.
When does a person face disappointment?
A person faces disappointment when his or her expectations or desires are not accomplished. Disappointment means unhappiness which is caused when some desire or wanted thing is lost or can not be obtained.
In the given passage, since Hugh and his family spent so much time with the client and his family, he expected them that they should at least inform them informally about their being rejected for the contract. The reason behind his disappointment is the expectation and not fulfilling the same as he wanted. Disappointment is the consequence of thoughts and expectations which are different from reality.
To know more about communication, visit the link below:
https://brainly.com/question/22558440
#SPJ2
costs are classified according to behavior on a(n): select one: a. contribution income statement b. functional income statement c. statement of financial position d. abrams-ingram cost grid
Answers
The costs are classified according to behavior on a contribution income statement.option A is correct.
Costs are classified according to behavior on a contribution income statement. The contribution income statement segregates costs into two categories: variable costs and fixed costs. Variable costs are expenses that fluctuate in direct proportion to the level of production or sales, such as direct materials or direct labor. Fixed costs, on the other hand, remain constant regardless of the level of production or sales, such as rent or salaries. This classification is essential for analyzing the cost-volume-profit relationship and determining the breakeven point. By understanding cost behavior, businesses can make informed decisions regarding pricing, production levels, and profitability.
To know more about businesses : https://brainly.com/question/18307610
#SPJ11
At which point is this economy producing its maximum possible quantity of doors? O as b.U с. Т O d.R
Answers
The greatest production combination of two commodities that a nation can create with its available resources and technology is depicted by the production possibility curve.
At point U, all resources are used to create doors; no additional units of any other product are produced.
A graphical representation of the various quantities of a product that a company or economy can create based on a common resource is called the production possibilities curve (PPC). The trade-off between investing more resources in one product over another is made clearer by this. The PPC, often referred to as the production possibilities frontier calculates the maximum amount of output that two commodities may produce given a certain amount of input. For instance, taxes provide the government with a set quantity of resources. Through its resources, it intends to support two initiatives: public health and education. The government decides which program it wishes to fund more since allocating resources to one program means there are fewer resources available for the other.
To learn more about production possibility curve visit;
https://brainly.com/question/15179228
#SPJ4
The correct question is given in the attachment.
What are the threats in business if we are developing a wireless charger?
Answers
The threats in developing a wireless charger include competition, intellectual property issues, and compatibility challenges.
Developing a wireless charger can be a promising venture, but it also comes with its fair share of threats. Firstly, competition in the market can pose a significant challenge. As wireless charging technology becomes more popular, more companies are entering the market, leading to increased competition. Established players and new entrants may introduce similar products, making it crucial to differentiate and offer unique features to stand out.
Secondly, intellectual property (IP) issues can be a concern. Wireless charging technology involves various patents and proprietary designs. Developing a wireless charger requires navigating the complex landscape of existing patents and ensuring that the product does not infringe upon any IP rights. This may involve conducting thorough research and potentially seeking licensing agreements to use certain technologies.
Lastly, compatibility challenges can hinder the success of a wireless charger. Wireless charging standards, such as Qi, have gained widespread adoption, but there are still variations in implementation across different devices and manufacturers. Ensuring compatibility with a wide range of devices and addressing potential interoperability issues is crucial for user satisfaction and market acceptance.
Learn more about wireless charger
brainly.com/question/30924850
#SPJ11
from the standpoint of an owner, a major advantage of the sole proprietorship is the:
Answers
From the standpoint of an owner, a major advantage of the sole proprietorship is the ease of operation and control. A sole proprietorship is a business structure that is owned and operated by a single individual, who retains full control over all aspects of the business.
This means that the owner has the freedom to make all decisions and can quickly respond to changes in the market or the needs of customers without having to consult with partners or shareholders. Another advantage of the sole proprietorship is the simplicity of the legal and regulatory requirements. The owner is not required to file separate tax returns or legal documents for the business, as the business is considered to be an extension of the owner's personal finances.
Additionally, a sole proprietorship is not required to share profits with other owners, as is the case with partnerships or corporations. This means that the owner can retain all of the profits generated by the business and reinvest them in the business or use them for personal expenses. Overall, the simplicity, control, and financial benefits of a sole proprietorship can make it an attractive option for many entrepreneurs.
To know more about proprietorship click here
brainly.com/question/15685898
#SPJ11
What is a factor that increases the volatility of demand in industrial markets? Multiple Choice Professional buyers in the industrial market tend to make independent purchase decisions. Derived demand accelerates changes in markets. Small, noncyclical swings in supply are inherent in industrial markets. The ratio of input to output is high for industrial goods. The demand for industrial goods is inelastic.
Answers
Answer:
Derived demand accelerates changes in markets.
Explanation:
Derived demand can be defined as the way in which the demand for a good or service tend to result from the demand for the related good or service and this occured when their is the demand for either good that are tangible or intangible goods where a market exists for both related goods and services.
In another word Derived demand occured in a situation where the demand for one good or service happens because of the want for another good or service Example is increase in the need for Shoes material or equipment because of the increase in the need for Shoes
because the factor of production by a company is dependent on the demand by consumers for the product produced by that company which is why the transition to become demand-driven is slowly occurring in many industries.
Hence, The factor that increases the volatility of demand in industrial markets is "Derived demand accelerates changes in markets"
Which of the following is enlarging the pool of resources, so that a negotiation can end in a win-win agreement where both parties feel that they got the best possible outcome? O a distributive bargaining b.integrative bargaining Zero-sum game d. fixed pie
Answers
the correct answer is Integrative bargaining.
Integrative bargaining is the negotiation approach that focuses on enlarging the pool of resources available to both parties involved. It aims to create a win-win situation where both parties can maximize their gains and achieve the best possible outcome. This approach emphasizes collaboration, problem-solving, and seeking mutually beneficial solutions. In integrative bargaining, the parties work together to find creative solutions that expand the available resources rather than treating the negotiation as a zero-sum game (fixed pie) where one party's gain comes at the expense of the other.
learn more about:- Integrative bargaining here
https://brainly.com/question/33458655
#SPJ11
...hype me up ayeeee
Answers
Answer:
Fact: Some fungi create zombies, then control their minds
Explanation:
The tropical fungus Ophiocordyceps infects ants’ central nervous systems. By the time the fungi been in the insect bodies for nine days, they have complete control over the host’s movements. They force the ants to climb trees, then convulse and fall into the cool, moist soil below, where fungi thrive. Once there, the fungus waits until exactly solar noon to force the ant to bite a leaf and kill it.
Answer:
yes
Explanation:
Calculate the 65th percentile and 32nd percentile of the mathematics test scores of 50 students
Answers
The 65th percentile of the mathematics test scores for the 50 students is 32.5th position, and the 32nd percentile is 16th position .
What are the values for the 65th and 32nd percentiles of the mathematics test scores among the 50 students?The 65th percentile and 32nd percentile of the mathematics test scores provide insights into the performance distribution among the 50 students.
The 65th percentile refers to the value below which 65% of the scores fall. Similarly, the 32nd percentile represents the value below which 32% of the scores fall.
To calculate these percentiles, we arrange the test scores in ascending order. Then, we locate the positions corresponding to the desired percentiles.
For the 65th percentile, we find the score at the 0.65 * 50 = 32.5th position, which falls between the 32nd and 33rd scores. To determine the value, we can either take the average of these two scores or interpolate using the data.
Similarly, for the 32nd percentile, we find the score at the 0.32 * 50 = 16th position.
Learn more about percentile
brainly.com/question/1594020
#SPJ11
TRUE / FALSE.
Organizational information has three characteristics including levels, formats, and granularities.
Answers
The statement is FALSE. Organizational information does not have three characteristics including levels, formats, and granularities.
Organizational information does not specifically have three characteristics of levels, formats, and granularities. However, it is important to note that organizational information can have various characteristics depending on the context and type of information being discussed.
Levels of information typically refer to the hierarchical structure within an organization, such as strategic, tactical, and operational levels. Formats of information refer to the different ways in which information is presented or represented, such as textual, numerical, graphical, or multimedia formats. Granularity refers to the level of detail or specificity in the information, ranging from aggregated or summarized data to more detailed or individual data.
While these characteristics may be applicable in certain discussions related to organizational information, they are not universally defined as the three fundamental characteristics of organizational information. The specific characteristics of organizational information can vary based on the specific needs, systems, and processes of an organization.
Learn more about organization here:
https://brainly.com/question/33444004
#SPJ11
what are some basic marketing strategies
Answers
Claim Your Business Online.
think positively.ALWAYS THINK POSITVE!!!
promote it n social media.
be loud to people to everybody be aware of your buisness.
Advertise Online.
HOPE this helps
take care have a good day
Type the correct answer in the box. Spell all words correctly.
Identify the art of advertising that the given scenario portrays.
Jim is renovating his boutique. He wants to redo the display area of his store. Jim is paying special attention to the placement of the merchandise throughout the store. He wants to display it in a creative, aesthetically pleasing manner to attract customers. Jim is engaging in________.
.
Answers
Answer: visual merchandising
Explanation: edmentum
Strong brands a. are a liability. b. guarantee success for a company. c. are the most significant barrier to entry in the market. d. deliver greater returns with less risk.
Answers
Answer:
d. deliver greater returns with less risk.
Explanation:
Strong brands are known to have a lot of positives, which includes representation of individuals or customers' viewpoints of the company's services, status, logo, and publicity. One of the main purpose of branding is to increases the value of a company, gives employees adequate guidance and motivation, and makes obtaining new customers easier.
Hence, the right answer among the available options is "deliver greater returns with less risk."
Answer:
d. deliver greater returns with less risk
Explanation:
A brand is a product, person, or service that has a unique name or symbol that differentiates it from others in a market. It makes a particular product stand out from others.
Companies use brands to increase competitive advantage by conveying a unique quality or trait with that particular brand.
Strong brands are those that perform well over a long period of time and conveys its uniqueness at all touch points with the customer.
So strong brands ensure delivery of greater returns with less risk.
If you want to compare two different investments, what should you calculate? A. The compound interest B. The ROI percentages C. The ROI dollar amounts D. The capital gain Please select the best answer from the choices provided A B C D
Answers
Answer: B. The ROI percentages
Explanation: Making comparison between investments in terms of returns will involve calculating the ROI as a percentage. The ROI refers to the return on an investment which is the ratio of the net profit made from an investment and the cost of the investment. That is ;
ROI = (Net profit / cost of investment) × 100
Investment with greater or higher return on investment (ROI) is usually regarded as the best investment between alternatives. For instance two investments, A and B with ROI of 5% and 10% respectively. Investment B has a higher ROI than A and thus considered has the better investment decision.
Answer:
BBBBBBBBBBBBB
ROI percentages
Explanation:
did the test
The bank pays you _______________ for your money held on deposit. a) investment b) attention c) debit d) interest
Answers
PLSS HELP -->> societies make decisions about who gets the goods they produce by:
A. dividing goods based on the factors of production used to make them
B. determining whether a good has a high enough level of scarcity
C. considering whether the government should distribute the goods
D. differentiating between goods created using physical and human capital
Answers
Answer: C
Explanation: it’s c
Societies decide the distribution of goods being produced by considering if the government should take control of the same.
What is distribution of goods?The allocation of goods being produced in a society, which may or may not be under authority of a person, is known as distribution of goods.
Hence, option C holds true regarding the distribution of goods.
Learn more about distribution of goods here:
https://brainly.com/question/13037059
#SPJ2
Blaine Yorkton, a 29-year-old accountant, had a personal page on a social networking site called Welcome All. He soon acquired several “friends,” a few of whom were strangers, who posted personal comments and jokes on his page. A few months later, Blaine was victimized by an identity thief who, after investigation by authorities, was determined to have utilized information secured from Welcome All to carry out the crime. Unable to recover the money taken from his financial accounts or correct the harm done by online use of his credit, Blaine sued Welcome All for allowing the invasion of his privacy and for negligence in not installing rules, providing warnings, or screening the “friends” network for imposters.
Answers
Blaine Yorkton had an account on the social media site Welcome All where he added several friends, including some strangers. Unfortunately, one of these individuals turned out to be an identity thief who stole Blaine's personal information from his Welcome All page.
This resulted in financial losses and harm to Blaine's credit that he was unable to correct. As a result, Blaine sued Welcome All, claiming that the site was responsible for the invasion of his privacy and for not having adequate measures in place to protect users' information, such as rules, warnings, or a screening process for verifying the identity of friends.
What is the lawsuit about?The outcome of the lawsuit would likely depend on the specific laws and regulations governing privacy and security in the jurisdiction where it was filed. In general, social media companies may be held liable for failing to take reasonable steps to protect users' personal information, but the extent of their responsibility may vary depending on the circumstances.
This case serves as a reminder of the importance of being cautious about what personal information is shared on social networking sites and the need for social media
Learn more about lawsuit from
https://brainly.com/question/1065754
#SPJ1
A small business earns a profit of $6500 in January and $17,500 in May. What is the rate of change in profit for this time period? Explain.
Answers
The rate of change in profit for this period is 169.23%.
What is the rate of change?The rate of change shows the ratio or proportionality by which a value changes in relation to another.
We can determine the rate of change by dividing the difference in value by the former value and multiplying the quotient by 100.
Profit earned in January = $6,500
Profit earned in May = $17,500
Change in profit = $11,000 ($17,500 - $6,500)
Rate of change = 169.23% ($11,000/$6,500 x 100)
Learn more about the rate of change at https://brainly.com/question/25184007
#SPJ1
what is Communication,
Answers
1. Which of the following is a benefit of channels of distribution:
a. We can more easily obtain products from all over the world.
b. Producers must spend more money.
c. Retailers must spend more money.
d. We spend more time looking for products we want.
Answers
The advantage of distribution channels is that they make it simpler for us to buy goods from around the globe. Option A is correct.
What is the channel distribution?Distribution channels are the routes that goods and services follow from the producer or supplier of the service to the final customer. Channels of distribution are crucial to organizations because they enable efficient delivery of products or services to clients.
Unhappy consumers and subpar service delivery may result from a company's failure to choose the optimal group of enterprises for this purpose. Distribution channels have the benefit of making it easier for us to purchase items from around the world.
Therefore, option A is correct.
Learn more about the channel distribution, refer to;
https://brainly.com/question/15774206
#SPJ6
QUESTION 3 / 10 What is the first step you should take when you want to open a savings account? A. Review the different savings account options that your bank offers. B. Make your initial deposit. C. Go to the bank and fill out an application. D. Present your photo ID to the bank representative.
Answers
Answer:
A. Review the different savings account options that your bank offers.
12. The Code requires that REALTORS® respect:a. only exclusive relationships REALTORS® have with their clients.b. all relationships¸ whether exclusive or non-exclusive¸ that REALTORS® have with their clients.c. non-exclusive relationships other REALTORS® have with customers.d. exclusive relationships other REALTORS® have with their clients.13. The Code prohibits:a. exaggeration¸ misrepresentation and concealment of pertinent facts about the property or the transaction.b. solicitation of licensees in other firms.c. taking unfair advantage over other REALTORS®.d. filing complaints against other licensees in the same firm.14. Licensees can generally rely on the statements of the seller (such as in a Seller Disclosure Statement) unless the licensee has reason to believe the information is not true.a. Trueb. False
Answers
According to the Code, REALTORS are expected to respect the (D) exclusive connections that other REALTORS® have with their clients.
Exaggeration, deception, and suppression of material facts pertaining to the property or the transaction are all prohibited by Code (A).
It is accurate that licensees may typically trust the seller's statements.
12) The information is given The Code mandates that REALTORS recognize complaints against other licensees employed by the same business. Exaggeration, deceptive representation, and the omission of material facts pertaining to the transaction or the real estate are prohibited.
13) The Golden Rule is mentioned in our code of ethics preface. If a stockbroker responds, "I will work with you," they might expect to get paid for their efforts. An ethics code protects the purchasing and selling of the general population.
14) The Protection of Human Rights Act of 1993 (Indian Code) According to Guy Peters, public policy is "a collection of actions taken by governments with the purpose of It effectively states that the goal of the law's introduction was to have an impact or effect change.
To know more about Ethics Code, refer to this link:
brainly.com/question/28268879
#SPJ4