When a tax is imposed on a good for which the supply is relatively elastic and the demand is relatively inelastic,
a. buyers and sellers will each bear 50 percent of the burden of the tax.
b. buyers of the good will bear most of the burden of the tax.
c. sellers of the good will bear most of the burden of the tax?

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):

You need $87,000 in 12 years. required: if you can earn .54 percent per month, how much will you have to deposit today?

Zendor company wants to have $200,000 available in august 2021 to make an equipment purchase. to be able to have this amount available, zendor will make equal annual deposits in an investment account earning 12% annually in june 2017, 2018, 2019, 2020, and 2021. what is the dollar amount that must be deposited each of those years to achieve this objective?