The incidence of sales tax falls on (1) Consumers (2) Wholesale dealers (3) Retail dealers (4) Producers

The incidence of sales tax falls on (1) Consumers (2) Wholesale dealers (3) Retail dealers (4) Producers 
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The incidence of sales tax falls on - (1) Consumers (2) Wholesale dealers (3) Retail dealers (4) Producers

Description : The incidence of sales tax falls on - (1) Consumers (2) Wholesale dealers (3) Retail dealers (4) Producers

Last Answer : (1) Consumers Explanation: In economics, tax incidence is the analysis of the effect of a particular tax on the distribution of economic welfare. Tax incidence is said to "fall" upon the group ... where the revenue is collected, but on the price elasticity of demand and price elasticity of supply.

What is Value Added Tax (VAT)? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A single tax that replaces State taxes like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods

Description : What is Value Added Tax (VAT)? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A ... like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods

Last Answer : (3) A single tax that replaces State taxes like, surcharge, turnover tax, etc. Explanation: A value added tax (VAT) is a form of consumption tax. A VAT is like a sales tax in that ... under the single tax system based primarily or exclusively on one tax, typically chosen for its special properties.

What is Value Added Tax (VAT) ? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A single tax that replaces State taxes like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods

Description : What is Value Added Tax (VAT) ? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A ... like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods 

Last Answer : A single tax that replaces State taxes like, surcharge, turnover tax, etc. 

What is dual pricing? (1) Wholesale price and Retail pricing (2) Pricing by agents and Pricing by retailers (3) Price fixed by Government and Price in open market (4) Daily prices and Weekly prices

Description : What is dual pricing? (1) Wholesale price and Retail pricing (2) Pricing by agents and Pricing by retailers (3) Price fixed by Government and Price in open market (4) Daily prices and Weekly prices

Last Answer : (3) Price fixed by Government and Price in open market Explanation: Dual pricing is the practice of setting prices at different levels depending on the currency used to make the purchase. It may be ... on the market. This is also known as two-tier pricing and is common in many developing nations

Which of the following is done at a Stock Exchange? (1) Commodities are bought and sold at wholesale price (2) Commodities are bought and sold at retail price (3) Securities are bought and sold (4) None of these

Description : Which of the following is done at a Stock Exchange? (1) Commodities are bought and sold at wholesale price (2) Commodities are bought and sold at retail price (3) Securities are bought and sold (4) None of these

Last Answer : (3) Securities are bought and sold Explanation: A stock exchange or bourse is an exchange where stock brokers and traders can buy and/or sell stocks (also called shares), bonds, and ... of securities and other financial instruments, and capital events including the payment of income and dividends.

Which of the following is done at a Stock Exchange ? (1) Commodities are bought and sold at wholesale price (2) Commodities are bought and sold at retail price (3) Securities are bought and sold (4) None of these

Description : Which of the following is done at a Stock Exchange ? (1) Commodities are bought and sold at wholesale price (2) Commodities are bought and sold at retail price (3) Securities are bought and sold (4) None of these

Last Answer : Securities are bought and sold

What is dual pricing? (1) Wholesale price and Retail pricing (2) Pricing by agents and Pricing by retaliers (3) Price fixed by Government and Price in open market (4) Daily prices and Weekly prices

Description : What is dual pricing? (1) Wholesale price and Retail pricing (2) Pricing by agents and Pricing by retaliers (3) Price fixed by Government and Price in open market (4) Daily prices and Weekly prices

Last Answer : Price fixed by Government and Price in open market

An index showing the rises and falls of prices of manufactured goods as they leave the factory is called 1. Sales Index 2. Wholesale Price Index 3. Individual Price Index 4. International Price Index 5. None of these

Description : An index showing the rises and falls of prices of manufactured goods as they leave the factory is called 1. Sales Index 2. Wholesale Price Index 3. Individual Price Index 4. International Price Index 5. None of these

Last Answer : Wholesale Price Index

The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called (1) Consumer's Surplus (2) Producer's Surplus (3) Landlord's Surplus (4) Worker's Surplus

Description : The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called (1) Consumer's Surplus (2) Producer's Surplus (3) Landlord's Surplus (4) Worker's Surplus

Last Answer : (1) Consumer's Surplus Explanation: Consumer surplus is the difference between the maximum price a consumer is willing to pay and the actual price they do pay. If a consumer would be willing to pay ... price, then they are getting more benefit from the purchased product than they spent to buy it.

The excess of price a person is to pay rather than forego the consumption of the commodity is called - (1) Price (2) Profit (3) Producers' surplus (4) Consumer's surplus

Description : The excess of price a person is to pay rather than forego the consumption of the commodity is called - (1) Price (2) Profit (3) Producers' surplus (4) Consumer's surplus

Last Answer : (3) Producers' surplus Explanation: Producer Surplus' is an economic measure of the difference between the amount that a producer of a good receives and the minimum amount that he or she would be ... or surplus amount, is the benefit that the producer receives for selling the good in the market.

A refrigerator operating in a chemist's shop is an example of - (1) free good (2) final good (3) producers good (4) consumer's good

Description : A refrigerator operating in a chemist's shop is an example of - (1) free good (2) final good (3) producers good (4) consumer's good

Last Answer : (2) final good Explanation: Final goods are goods that are ultimately consumed rather than used in the production of another good. For example, a car sold to a consumer is a final good; the ... tires sold to the car manufacturer are not; they are intermediate goods used to make the final good.

Plant arid machinery are - (1) Producers' goods (2) Consumers' goods (3) Distributors' goods (4) Free goods

Description : Plant arid machinery are - (1) Producers' goods (2) Consumers' goods (3) Distributors' goods (4) Free goods

Last Answer : (1) Producers' goods Explanation: Plant and machinery are Producers' goods. Together with stocks and work in progress, these goods are collectively termed 'Capital'.

Plant and machinery are (1) Producers’ goods (2) Consumers’ goods (3) Distributors’ goods (4) Free goods

Description : Plant and machinery are (1) Producers’ goods (2) Consumers’ goods (3) Distributors’ goods (4) Free goods

Last Answer : Producers’ goods

The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called (1) Consumer’s Surplus (2) Producer’s Surplus (3) Landlord’s Surplus (4) Worker’s Surplus

Description : The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called (1) Consumer’s Surplus (2) Producer’s Surplus (3) Landlord’s Surplus (4) Worker’s Surplus 

Last Answer : Consumer’s Surplus

The excess of price a person is to pay rather than forego the consumption of the commodity is called (1) Price (2) Profit (3) Producers’ surplus (4) Consumer’s surplus

Description : The excess of price a person is to pay rather than forego the consumption of the commodity is called (1) Price (2) Profit (3) Producers’ surplus (4) Consumer’s surplus

Last Answer : Producers’ surplus

A refrigerator operating in a chemist’s shop is an example of (1) free good (2) final good (3) producers good (4) consumer’s good

Description : A refrigerator operating in a chemist’s shop is an example of (1) free good (2) final good (3) producers good (4) consumer’s good

Last Answer : final good

The incidence of Tax refers to - (1) Who pays the Tax? (2) Who bears the burden of Tax? (3) How Taxes can be shifted? (4) Who transfers the Tax burden?

Description : The incidence of Tax refers to - (1) Who pays the Tax? (2) Who bears the burden of Tax? (3) How Taxes can be shifted? (4) Who transfers the Tax burden?

Last Answer : (2) Who bears the burden of Tax? Explanation: In economics, tax incidence is the analysis of the effect of a particular tax on the distribution of economic welfare. Tax incidence is said to "fall' upon the group that ultimately bears the burden of, or ultimately has to pay, the tax.

Indirect tax means : (1) there is not direct relationship between the tax payer and the government. (2) direct relationship between tax payer and the government. (3) tax base is income (4) the incidence and impact are on the same person on whom tax is imposed.

Description : Indirect tax means : (1) there is not direct relationship between the tax payer and the government. (2) direct relationship between tax payer and the government. (3) tax base is income (4) the incidence and impact are on the same person on whom tax is imposed.

Last Answer : (1) there is not direct relationship between the tax payer and the government. Explanation: The term indirect tax has more than one meaning. In the colloquial sense, an indirect tax (such as ... which is collected directly by government from the persons (legal or natural) on which it is imposed.

The final resting place of a tax is called (a) impact of taxation (b) incidence of taxation (c) effect of taxation (d) shifting of taxation

Description : The final resting place of a tax is called (a) impact of taxation (b) incidence of taxation (c) effect of taxation (d) shifting of taxation

Last Answer : b) incidence of taxation

The incidence of Tax refers to (1) Who pays the Tax ? (2) Who bears the burden of Tax ? (3) How Taxes can be shifted ? (4) Who transfers the Tax burden ?

Description : The incidence of Tax refers to (1) Who pays the Tax ? (2) Who bears the burden of Tax ? (3) How Taxes can be shifted ? (4) Who transfers the Tax burden ?

Last Answer : Who bears the burden of Tax ?

Indirect tax means : (1) there is not direct relationship between the tax payer and the government. (2) direct relationship between tax payer and the government. (3) tax base is income (4) the incidence and impact are on the same person on whom tax is imposed.

Description : Indirect tax means : (1) there is not direct relationship between the tax payer and the government. (2) direct relationship between tax payer and the government. (3) tax base is income (4) the incidence and impact are on the same person on whom tax is imposed.

Last Answer : there is not direct relationship between the tax payer and the government.

The primary reason that many companies work to become the "low-cost producers" in theri industry is because : 1. the can generate more advertising 2. they can please top management 3. they can gain tax advantages 4. they can set lower prices that result in greater sales and profits 5. none of these

Description : The primary reason that many companies work to become the "low-cost producers" in theri industry is because : 1. the can generate more advertising 2. they can please top management 3. they can gain ... 4. they can set lower prices that result in greater sales and profits 5. none of these

Last Answer : they can set lower prices that result in greater sales and profits

Why is it that Stateside retail uses pre-sales tax prices?

Description : Why is it that Stateside retail uses pre-sales tax prices?

Last Answer : Because tax rates can vary widely from state to state, or even from town to town within a state. If it is a product that is advertised nationally, it would not be cost effective to make an ad for each tax authority.

Which of the following is an example of a problem that may arise in the implementation of the marketing concept? A)By satisfying one segment in society, a firm contributes to the dissatisfaction of other segments. B)Consumers do not understand what the marketing concept is. C)Dealers do not support the marketing concept. D)A product may fit the needs of too many segments.

Description : Which of the following is an example of a problem that may arise in the implementation of the marketing concept? A)By satisfying one segment in society, a firm contributes to the dissatisfaction of other ... do not support the marketing concept. D)A product may fit the needs of too many segments.

Last Answer : A)By satisfying one segment in society, a firm contributes to the dissatisfaction of other segments.

Ad Valorem tax is levied - (1) according to value added by the Government. (2) according to value addition to a commodity (3) according to value given by producers (4) according to value added by the finance ministry

Description : Ad Valorem tax is levied - (1) according to value added by the Government. (2) according to value addition to a commodity (3) according to value given by producers (4) according to value added by the finance ministry

Last Answer : (3) according to value given by producers Explanation: An ad valorem tax (Latin for "according to value") is a tax based on the value of real estate or personal property. It is more ... difficulty with such taxation, especially in the case of tariffs, is in establishing a satisfactory value figure.

Ad Valorem tax is levied (1) according to value added by the Government. (2) according to value addition to a commodity (3) according to value given by producers (4) according to value added by the finance ministry

Description : Ad Valorem tax is levied (1) according to value added by the Government. (2) according to value addition to a commodity (3) according to value given by producers (4) according to value added by the finance ministry

Last Answer : according to value given by producers

One of the biggest changes to the marketing mix in e-place strategies is- a. online purchasing b. retail purchasing c. wholesale purchasing d. cash purchasing

Description : One of the biggest changes to the marketing mix in e-place strategies is- a. online purchasing b. retail purchasing c. wholesale purchasing d. cash purchasing

Last Answer : a. online purchasing

NBFC performs great role for finance in _______ a. Wholesale sector b. Big Scale industries c. Small scale and Retail sector

Description : NBFC performs great role for finance in _______ a. Wholesale sector b. Big Scale industries c. Small scale and Retail sector

Last Answer : c. Small scale and Retail sector

From the following which one is not classification of entrepreneurs according to the types of business? a) Wholesale trade b) Retail trade c) Exporter d) Rural entrepreneur

Description : From the following which one is not classification of entrepreneurs according to the types of business? a) Wholesale trade b) Retail trade c) Exporter d) Rural entrepreneur

Last Answer : d) Rural entrepreneur

Do lots of Chevy dealers offer Memorial Day sales?

Description : Do lots of Chevy dealers offer Memorial Day sales?

Last Answer : Yes. Many car dealerships, including Chevy dealers, offer Memorial Day sales. Some sales even last throughout the weekend or the following week. Your best bet is to call around and see what the current deals are.

Where can I find dealers in Vancouver, WA who specialize in used RV sales?

Description : Where can I find dealers in Vancouver, WA who specialize in used RV sales?

Last Answer : Simply searching Google for "Vancouver, WA used rv sales" yielded a variety of results. the website http://www.vancouverrv.com/ was well constructed, attractive, and looked like a great place to find an RV

Of the following intermediaries, __________ are not found working for banks1. Direct sales agents 2. Wholesellers 3. Automobiles dealers 4. Merchant establishments 5. None of these

Description : Of the following intermediaries, __________ are not found working for banks 1. Direct sales agents 2. Wholesellers 3. Automobiles dealers 4. Merchant establishments 5. None of these

Last Answer : Wholesellers

If the incident ray falls directly on the normal. What will be the angle of incidence .? a ) 0 b)30 c)60 d)90

Description : If the incident ray falls directly on the normal. What will be the angle of incidence .? a ) 0 b)30 c)60 d)90

Last Answer : a ) 0

A tax is said to be regressive when its burden falls - (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Description : A tax is said to be regressive when its burden falls - (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Last Answer : (2) more heavily on the poor than on the rich Explanation: In terms of individual income and wealth, a regressive tax imposes a greater burden on the poor than on the rich. There is an inverse ... to reduce the tax burden of the well-todo, as they shift the burden disproportionately to the needy.

A tax is said to be regressive when its burden falls (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Description : A tax is said to be regressive when its burden falls (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Last Answer : more heavily on the poor than on the rich

Who are producers and consumers? -SST 10th

Description : Who are producers and consumers? -SST 10th

Last Answer : We participate in the market both as producers and consumers. . As producers of goods and services, we could be working in any of the sectors like primary, secondary or tertiary. . Consumers ... purchase goods and services that they need. These are the final goods that people as consumers use.

“Globalisation and greater competition among producers has been of advantage to consumers.” -SST 10th

Description : “Globalisation and greater competition among producers has been of advantage to consumers.” -SST 10th

Last Answer : Globalisation and competition among producers, an advantage to consumers: . Globalisation and greater competition among producers, both local and foreign producers have been of advantage to consumers. . ... several products. . They enjoy much higher standards of living that was possible earlier.

Globalisation and greater competition among producers has been of advantage to consumers.' Justify the statement with examples. -SST 10th

Description : Globalisation and greater competition among producers has been of advantage to consumers.' Justify the statement with examples. -SST 10th

Last Answer : Globalisation and greater competition within the market have been of advantage to the consumers, particularly the well-off sections in the urban areas. 1. The consumers now enjoy the improved ... the financial ability of the people, thus, contributing to the overall development of the consumers.

Globalisation and greater competition among producers has been advantageous consumers.' Support the statement with examples. -SST 10th

Description : Globalisation and greater competition among producers has been advantageous consumers.' Support the statement with examples. -SST 10th

Last Answer : Globalisation and greater competition have been advantageous to consumers: 1. The well-off sections of the society have access to highest international brands. For example, a person in India ... using regular clothes can get specialized like sports gear easily because of companies like Reebok.

Globalization has been advantageous to consumers as well as to producers.' Support the statement with suitable examples. -SST 10th

Description : Globalization has been advantageous to consumers as well as to producers.' Support the statement with suitable examples. -SST 10th

Last Answer : Globalisation has been advantageous for consumers and producers: 1. Consumers now enjoy numerous choices as well as better quality since it is now an international market. 2. Competition ... the Indian companies have themselves become MNCs themselves like Tata Motors, Infosys, and Ranbaxy.

‘Globalisation and competition among producers have been of advantage to the consumers.’ Give arguments in support of this statement. -SST 10th

Description : ‘Globalisation and competition among producers have been of advantage to the consumers.’ Give arguments in support of this statement. -SST 10th

Last Answer : (i) More choice for consumers : Globalisation and competition among producers has enabled the consumer to have a wide range of choice available in market. For example, ... improvement in information and communication technology like computers, internet, telephone including mobile phones etc.

“Globalisation and competition among producers has been of advantage to the consumers.” Give arguments in support of this statement. -SST 10th

Description : “Globalisation and competition among producers has been of advantage to the consumers.” Give arguments in support of this statement. -SST 10th

Last Answer : (i) There is greater choice available to the consumers in goods. (ii) The quality of goods has been improved. (iii) Prices of goods are lower. (iv) Consumers are now able to enjoy a better life.

How do we participate in the market as producers and consumers? Explain with three examples. -SST 10th

Description : How do we participate in the market as producers and consumers? Explain with three examples. -SST 10th

Last Answer : We participate in the market both as producers and consumers. (i) As producers of goods and services we could be working in any of the sectors such as agriculture, industry, or services. (ii) Consumers ... for a timely loan. They could force small farmers to sell their land to pay back the loan.

Globalisation and greater competition among producers has been of advantage to consumers.” -SST 10th

Description : Globalisation and greater competition among producers has been of advantage to consumers.” -SST 10th

Last Answer : (i) Globalisation and competition among producers has enabled the consumer to have a wide range of choice available in market. For example, Chinese mobiles and Indian mobiles both ... in information and communication technology like computers, internet, telephone including mobile phones, etc.

“Globalisation and greater competition among producers has been advantageous to consumers.” -SST 10th

Description : “Globalisation and greater competition among producers has been advantageous to consumers.” -SST 10th

Last Answer : ' Globalisation and greater competition among producers has been advantageous to consumers: (i) Globalization and greater competition among producers both local and foreign has been of advantageous to consumers, ... in our markets is a recent phenomenon and has brought changes in lives of people.

‘‘Globalisation has been advantageous to consumers as well as to producers.’’ -SST 10th

Description : ‘‘Globalisation has been advantageous to consumers as well as to producers.’’ -SST 10th

Last Answer : Globalisation has been advantageous to producers in the following ways: (i) The producers now have access to the international markets. (ii) Globalisation has also enabled free movement of capital, i.e. ... MNCs as they have now larger choice in the goods that are available to them in the market.

How do we participate in the market as producers and consumers? -SST 10th

Description : How do we participate in the market as producers and consumers? -SST 10th

Last Answer : We participate in the market as producers and consumers in the following ways: (i) As producers of goods and services, we could be working in any of the sectors, such as in agriculture, industry, ... goods and services that they need. (iii) These are the final goods that people use as consumers.

Globalisation and competition among producers has been of advantages to the consumers -SST 10th

Description : Globalisation and competition among producers has been of advantages to the consumers -SST 10th

Last Answer : Indeed, Globalization and competition among producers has been and advantage to the consumers. This is because of the variety of products offered by various producers which acts as an advantage to the ... the prices of the goods tend to much be much lower in order to attract the consumers.

Are phytoplankton consumers or producers?

Description : Are phytoplankton consumers or producers?

Last Answer : good question myself

Are carnivorous plants producers or consumers?

Description : Are carnivorous plants producers or consumers?

Last Answer : A venus flytrap is both a producer and a carnivore. Despite their carnivorous ability to eat insects and arachnids, venus flytraps are still plants which means that they can still grow using photosynthesis, a process in which they take energy from sunlight and nutrients from air and soil.