The incidence of the tax will be greatest on

a. producers when the supply curve is S1.
b. producers when the supply curve is S2.
c. consumers because the tax is imposed on demand.
d. consumers because quantity sold declines whatever the supply curve.


a. producers when the supply curve is S1.

Business

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Landlords have a duty to disclose hidden defects that they know about, even if the defects are reasonably discoverable by the tenant.

Answer the following statement true (T) or false (F)

Business

A study looked at the number of men and women leaders among the 13,595 managers in 42 countries in their sample. They found that women were more likely to be managers in the

a. Germanic European cultures b. Latin American cultures c. Arab cultures d. Anglo, English speaking cultures

Business

In changing an organization, the distinction between content and process is important because ______.

A. content is who to change B. process is wide to change C. the distinction is the key to knowing where and how to focus the change effort D. none of these

Business

In a nonlinear optimization problem:

a. the objective function is a nonlinear function of the constraints. b. all the constraints are nonlinear only when the objective is to maximize the function of the decision variables. c. at least one term in the objective function or a constraint is nonlinear. d. both the objective function and the constraints must have all nonlinear terms.

Business