What is the incidence of a tax?

Question 43 options:

The sum of a tax and a product's price

The ratio of a tax to a product's price

The levying of a tax on consumers

The final burden of a tax

A study has been conducted to determine if one of the departments in MSU Company should be discontinued. The contribution margin in the department is $50,000 per year. Fixed expenses charged to the department are $65,000 per year.

Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2021. In October 2021, Rick Co.'s Board of Directors declared and distributed a 1% common stock dividend when the market value of its common stock was $60 per share.

Which of the following is true of development? It does not consider changes in technology, work design, and new customers in its modules. It focuses primarily on the current requirements of a job.

Which of the following is true concerning hull fouling from commercial shipping and recreational boating? a. It constitutes less than half of all nonnative species introductions. b. The revenue brought in from these industries is relatively small. c.

Which of the following best describes how banks create money? A. Banks create checking account deposits when making loans from excess reserves. B. Banks charge fees for providing financial advice. C. Banks make loans from reserves. D.

As the price goes down quantity demanded goes up a. True b. False

What is an advantage of government bonds A. They have a high interest rate. B. They are difficult to find. C. They are relatively risk-free. D. All of the above

Match the vocabulary word to the correct definition. 1. human resources department 2. job description 3. ethics 4. labor relations 5. Occupational Safety & Health Administration a. a detailed list of the functions and requirements for a position b.

With increased computer technology, the ability to read and understand financial statements is no longer an important skill for managers. a. True b. False

When you try to lower your price below equilibrium, it will result in a consumer surplus. Why does this occur? A. Lower price causes lower demand. B. Lower price creates a product surplus. C. Greater demand results in buyer remorse. D.