In a market where supply and demand are both somewhat elastic, but demand is more elastic than supply, consumers will bear less of the burden of a tax because Group of answer choices both parties have equal ability to change their behavior in response to the tax. consumers will experience lower prices as a result of the tax. producers are more likely to be responsible for paying the tax out of pocket. producers have a greater ability to change their behavior in response to the tax than consumers do. consumers have a greater ability to change their behavior in response to the tax than producers do.

Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?