Situation a: when a $10 per unit tax is imposed on the producer of bippies (a candy), the equilibrium price increases by $4.situation b: when a $10 per unit tax is imposed on the producer of bippies, the equilibrium price increases by $2. based on the two situations above, bippies in situation a has a elastic supply or has a elastic demand that exists in situation b. a. more; moreb. more; lessc. less; lessd. less; more

What should be the maximum spending if your gross income 2,400 per month

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c. prepaidrent. onseptember1ofthecurrentyear, thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

Companies under market structures are independent