• 2022-06-04
    Suppose that the government imposes a business licence fee of $100 on all firms. Profit-maximizing firms that stay in business will respond to this tax by
    A: raising prices to pay the tax
    B: cutting output to reduce costs
    C: lowering prices to stimulate sales
    D: doing nothing
  • D

    内容

    • 0

      Which<br/>are the new challenges in digitalization?() A: Failure<br/>to process information B: Decreasing<br/>prices and costs for resources C: Volatility<br/>of prices and speed of business D: Emerging<br/>business networks

    • 1

      The incidence of sales tax is determined by the A: A) level of government (for example, local, state, or federal) which imposes the tax. B: B) federal government in all cases. C: C) greed of the sellers. D: D) price elasticities of supply and demand.

    • 2

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    • 3

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    • 4

      By decreasing the tax rate, the government can ________ or encourage consumer spending, business transactions and investments.