For a monopolistically competitive firm, at the profit-maximizing quantity of output, price exceeds marginal cost. Correct option (a)
Monopolistic competition is a sort of market structure in which several businesses are present in a given sector and make comparable but distinctive goods. There is no monopoly enjoyed by any of the businesses, and each one pursues its own interests without regard to those of the others.
An illustration of a monopolistically competitive market is the restaurant sector, which is present nationally. Most places have a large number of businesses, all of which are unique, and admission is simple. Each product includes a number of comparable alternatives that are offered by other businesses, including other eateries and fast-food joints.
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Full Question: For a monopolistically competitive firm, at the profit-maximizing quantity of output,
A. price exceeds marginal cost.
B. marginal revenue exceeds marginal cost.
C. marginal cost exceeds average revenue.
D. price equals marginal revenue
What is one cost of avoiding insurance?
Answer: One of the costs of not having insurance is the cost of repairing. Another cost is paying insurance premiums. Losses caused by a lack of insurance are the price of not having insurance.
Answer:
falling into debt if faced with a serious problem
Explanation:
PLZ HELP GIVEING BRAINLIST 1. Jamal volunteers his time after school to walk the dogs at a local animal shelter. Jamal does not get paid for this time, even though he spends about two hours there every day. Although he is not making money, list one way that volunteering in this way could be beneficial to Jamal in the future. Also list one way that Jamal is benefitting his community.
2. Amber is busy creating her resume. When she gets to the part about providing references, she is not sure who to put down. She knows her brother will give her a good reference, since he knows her very well. Her guidance counselor at school also offered to provide a reference for her, so she is thinking of adding him. Which option would be better for Amber to use on her resume? Explain the reason for your answer.
3. Now that Amber has her resume finished, it is time for her to begin her job search. List one place where Amber could look to find job openings, two things Amber should do after finding a job she wants to apply for, and what she should wear if she is called in for an interview.
4. You are on a job interview for your dream position. The interviewer asks if you have experience working with Microsoft Excel, a computer software program that allows you to create and customize spreadsheets to analyze data. You have never used Microsoft Excel, but you do know what it is. How would you answer? Why? Explain your reasoning.
5. Grant and Cara are coworkers at a design firm. Grant is so good at his job that he does not like to listen to the opinions of others. Cara is not as experienced as Grant and it takes her a little bit longer to complete design tasks, but she is a good listener and tries to make changes that her co-workers suggest. Which person would you rather work with? Give two reasons for your answer. Why might co-curricular, extra-curricular, career preparation, or extended learning experiences have been important in helping prepare the person you chose to have those qualities that are desirable in the workplace
Answer:
1. One way it could benefit Jamal in the future is that he will have gained practical skills and experience if a job hires him or something. One way he is benefiting the community is helping out the shelter so that they don't have to walk all the dogs and he’s doing a good deed.
2. Her guidance counselor will be the best option. Getting reference from her brother that knows her very well has nothing to do with her needing a reference for her resume. Her counselor knows about her educational background , so I personally think her counselor should be the reference.
3. She could look at jobs that require a resume, like a restaurant. Amber should be on lookout for a phone call or email and she should be prepared. She should also wear a white button up shirt with a black long skirt or a pair of black pants.
4.I would say no but I'm a quick learner and I can learn how to use it very fast. I wouldn’t tell a story and say I have because when i get ready to use it i may not know how, so it is important to be honest about it.
5.I would choose Cara because she listens to others' opinion about the task. Putting in others' opinions really matters, especially when it comes to working with a partner or two. I would rather work with Cara even though Grant is quick, he doesn't put in and listen to others’ opinions.
Answer: 1. One way it could benefit Jamal in the future is that he will have gained practical skills and experience if a job hires him or something. One way he is benefiting the community is helping out the shelter so that they don't have to walk all the dogs and he’s doing a good deed.
2. Her guidance counselor will be the best option. Getting reference from her brother that knows her very well has nothing to do with her needing a reference for her resume. Her counselor knows about her educational background , so I personally think her counselor should be the reference.
3. She could look at jobs that require a resume, like a restaurant. Amber should be on lookout for a phone call or email and she should be prepared. She should also wear a white button up shirt with a black long skirt or a pair of black pants.
4. I would say no but I'm a quick learner and I can learn how to use it very fast. I wouldn’t tell a story and say I have because when I get ready to use it I may not know how, so it is important to be honest about it.
5. I would choose Cara because she listens to others' opinions about the task. Putting in others' opinions really matters, especially when it comes to working with a partner or two. I would rather work with Cara even though Grant is quick, he doesn't put in and listen to others’ opinions.
Explanation: I did the assignment and these where the best answers I could find.
Hope this helps
During April , Cavy Company incurred factory overhead as follows : Indirect materials $11,300 Factory supervision labor 4,000 Utilities 460 Depreciation (factory )660 Small tools 330 Equipment rental 790 Journalize the entry to record the factory overhead incurred during AprilIf an amount box does not require an entry, leave it blank
Answer:
Date Account Title Debit CreditApril Factory Overhead $16,720 Indirect materials $10,500 Wages payable $4,000 Utilities payable $ 500 Accumulated Depreciation $ 620 Small tools $ 370 Equipment rental $ 730
Rundle Company is considering the replacement of some of its manufacturing equipment. Information regarding the existing equipment and the potential replacement equipment follows.
Existing Equipment Replacement Equipment
Historical cost $ 109,000 Market price $ 110,000
Operating expenses* 120,000 Operating expenses* 111,000
Salvage value 29,000 Salvage value 11,000
Market value 40,000 Useful life 8 years
Book value 35,000
Remaining useful life 8 years
*The amounts shown for operating expenses are the cumulative total of all such expected expenses to be incurred over the useful life of the equipment.
Required
Calculate the total relevant cost of existing equipment and the potential replacement equipment. Should the equipment be replaced?
Based on the cost of the equipment and the replacement cost as well as operating expenses and the salvage value, the total relevant cost of existing equipment is $131,000 and the potential replacement equipment is $210, 000
The equipment should not be replaced.
How to find the cost of replacement?The total relevant cost for the existing equipment is:
= Operating expenses - Salvage value + Market value
= 120, 000 - 29, 000 + 40, 000
= $131, 000
The total relevant cost for the potential replacement is:
= Historical Cost + Operating expenses - Salvage value
= 110, 000 + 111, 000 - 11, 000
= $210, 000
The equipment should therefore not be replaced as it would cost more to replace than to keep the existing equipment.
In conclusion, the total cost for replacing the equipment is $131, 000 and the cost of the new potential replacement is $210, 000.
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Payment for goods purchased should be vouched with the help of______
Answer:
Payment for goods purchased should be vouched with the help of Creditors statement.
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Nevertire Ltd purchased a delivery van costing $52,000. It is expected to have a residual value of $12,000 at the end of its useful life of 4 years or 200,000 kilometers. Ignore GST.
Required:
a) Assume the van was purchased on 1 July 2019 and that the accounting period ends on 30 June. Calculate the depreciation expense for the year 2019–20 using each of the following depreciation methods
straight-line.
diminishing balance (depreciation rate has been calculated as 31%).
units of production (assume the van was driven 78,000 kilometers during the financial year).
b) Record the adjusting entries for the depreciation on 30 June 2021 using a diminishing balance method.
c) Show how the van would appear in the balance sheet prepared at the end of year 2 using the Straightline method.
Answer:
a.
Straight line method
This method gives a uniform depreciation figure over the lifetime of the asset. Formula is,
= ( Cost - Residual Value) / Useful life
= (52,000 - 12,000) / 4
= $10,000
Diminishing Balance Method
This method applies depreciation at a faster rate so that the assets depreciates faster in it's earlier years.
Formula is,
= Cost * Depreciation rate
= 52,000 * 31%
= $16,120
Units of Production
This method depreciates based on the usage of the asset vs the total capacity of the asset. Assuming the van was driven 78,000 kilometers during the financial year
Formula is,
= (( Cost - Residual value) * units for the year) / Estimated production capacity
= ((52,000 - 12,000)*78,000)/200,000
= 3,120,000 / 200,000
= $15,600
b.
Date
June 30 2021
DR Depreciation $11,123
CR Accumulated Depreciation $11,123
Working
June 30 2021 Depreciation
= ( Cost - 2020 Depreciation ) * 31%
= (52,000 - 16,120 ) * 31%
= 35,880 * 31%
= $11,123
c. Straight line depreciation is constant so Value at the second year using Straight line will be,
= Cost - 2020 Depreciation - 2021 Depreciation
= 52,000 - 10,000 - 10,000
= $32,000
Balance sheet excerpt,
Particulars Amount
Assets
Fixed assets
Vechicles $32,000
You are a t-shirt designer and have a new design you are excited about. Another company offers to buy your design for $6,000. Or you could produce and sell your own t-shirts with this new design. You estimate you have a 25% chance your t-shirt is a huge success, a 20% chance of your t-shirt is marginally liked and earns gross revenues of $4,000, and a 55% chance your t-shirt is a failure and earns gross revenue of $500. If your t-shirt is a huge success, there is a 50% chance it will earn gross revenues of $25,000, a 15% chance it will earn gross revenues of $30,000, and a 35% chance it will earn gross revenues of $40,000. The cost to produce the t-shirts yourself is $3,000. Assume you make decisions using expected value, and you make the optimal decision. What is your expected earnings (in $) from your new t-shirt design
Answer:
The expected earnings from the new t-shirt design is:
= $5,825.
Explanation:
a) Data and Calculations:
State Percent Revenue Expected value
Huge success 25% $31,000 $7,750
Marginal success 20% $4,000 800
Failure 55% $500 275
Total expected revenue $8,825
Huge success
Percent Revenue Expected value
50% $25,000 $12,500
15% 30,000 4,500
35% 40,000 14,000
Total expected revenue $31,000
Alternative 1: Sell design:
Earnings = $6,000
Alternative 2: Produce the t-shirts:
Earnings:
Total expected revenue = $8,825
Total cost to produce = 3,000
Net earnings $5,825
Foundation
QUESTION 8 / 10
Which of the following statements is TRUE about payday loans?
Answer:
what are the answer choices
Penny Cassidy is considering forming her own pool service and supply company, Penny’s Pool Service & Supply, Inc. (PPSS). She has decided to incorporate the business to limit her legal liability. She expects to invest $31,000 of her own savings and receive 2,000 shares of common stock. Her plan for the first year of operations forecasts the following amounts at December 31, the end of the current year: Cash in bank, $7,000; amounts due from customers for services rendered, $3,400; pool supplies inventory, $5,700; equipment, $29,100; amounts owed to Pool Corporation, Inc., a pool supply wholesaler, $4,600; note payable to the bank, $6,100. Penny forecasts first-year sales of $66,600, wages of $25,100, cost of supplies used $9,300, other administrative expenses of $5,600, and income tax expense of $5,100. She expects to pay herself a $18,000 dividend as the sole stockholder of the company.
If Penny’s estimates are correct, what would the following first-year financial statements look like for Penny’s Pool Service & Supply, Inc.?
The company's financial performance and position during the first full year of operations are summarized in the financial statements. Sales, costs, investments, liabilities, and stockholder equity all appear to reflect the estimates and facts given.
A shareholder of corporate stock is an individual or legal entity (such as another corporation, a body politic, a trust, or a partnership) that is registered by the corporation as the legal owner stockholder of shares of the share capital of a public or private corporation financial statements (also frequently referred to as a stockholder in the United States).
Members of a company are sometimes used to refer to stockholders.
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Are entities in Sweden and the US wholly-owned subsidiaries or branch offices? How are those determinations made?
Answer:
Sweden is generally considered a highly-favorable investment destination. Sweden offers an extremely competitive, open economy with access to new products, technologies, skills, and innovations. Sweden also has a well-educated labor force, outstanding communication infrastructure, and a stable political environment, which makes it a choice destination for U.S. and foreign companies. Low levels of corporate tax, the absence of withholding tax on dividends, and a favorable holding company regime are additional incentives for doing business in Sweden.
Sweden’s attractiveness as an investment destination is tempered by a few structural, business challenges. These include high personal and VAT tax regimes. In addition, the high cost of labor, rigid labor laws and regulations, a persistent housing shortage, and the general high cost of living in Sweden can present challenges to attracting, hiring, and maintaining talent for new firms entering Sweden. Historically, the telecommunications, information technology, healthcare, energy, and public transport sectors have attracted the most foreign investment. However, manufacturing, wholesale, and retail trade have also recently attracted increased foreign funds.
Overall, investment conditions remain largely favorable. Forbes Magazine ranked Sweden second in “The Best Countries for Business for 2019,” a ranking that takes into account factors such as property rights, innovation, taxes, technology, corruption, freedom, red tape, and investor protection. In the World Economic Forum’s 2017-2018 Competitiveness Report Sweden was ranked twelfth out of 138 countries in overall competiveness and productivity. Also in 2018, Transparency International ranked Sweden as one of the most corruption-free countries in the world –third out of 180.
In addition, Sweden is well equipped to embrace the Fourth Industrial Revolution, with a superior IT infrastructure. Bloomberg’s 2019 Innovation Index ranked Sweden in seventh place among the most innovative nations on earth. Sweden is a global leader in adopting new technologies and setting new consumer trends. U.S. and other exporters can take advantage of a test market full of demanding, highly sophisticated customers.
Jennifer and Jamar are married and live in a home with their 13-year-old dependent son, Oscar. This year, they had the following tax information. Jamar’s salary $ 60,000 Jennifer’s Qualified Business Income from sole proprietorship 95,000 Dividend income 2,800 Deduction for self-employment tax 6,712 Itemized deductions 19,200 Compute adjusted gross income (AGI) and taxable income.
a. AGI $151,088; taxable income $89,430.
b. AGI $157,800; taxable income $114,000.
c. AGI $157,800; taxable income $133,000.
d. AGI $151,088; taxable income $108,630.
Answer:
d. AGI $151,088; taxable income $108,630.
Explanation:
First we need to calculate Gross Income
Gross Income = Salary Income + Business Income + Dividend Income
Gross Income = $60,000 + $95,000 + $2,800
Gross Income = $157,800
Now Calculate adjusted gross income
Adjusted Gross Income = Gross Income - Self Employment Tax
Adjusted Gross Income = $157,800 - $6,712
Adjusted Gross Income = $151,088
Deduction will be as follow
Higher of
Itemized Deduction = $19,200
Standard deduction = $24,400
So, Standard deduction will be made because it is higher
QBI deduction = $95,000 x 20% = $19,000
Taxable Income = Adjusted Gross Income - Standard Deduction - QBI deduction
Taxable Income = $151,088 - $24,400 - $19,000
Taxable Income = $107,688
If the Fed sells Treasury bills (bonds/securities) this will shift the Group of answer choices money demand curve to the right. money supply curve to the right money demand curve to the left. money supply curve to the left.
Answer: money supply curve to the left.
Explanation:
The sale of Treasury Bills by the Fed is part of its contractionary monetary policy and is used to reduce the amount of money in the economy. By selling the bills, people pay money to the Fed which then takes the money out of circulation thereby reducing the amount of money in the economy.
The effect of this would be a leftward shift in the money supply curve to indicate that there is now less money in the economy. The Fed does this when it feels that the economy is overheated and so economic growth needs to be reduced to a more sustainable level.
Two carmakers have developed a strange but successful partnership. Ford, a U.S. automaker,and Mazda, an Asian carmaker, have collaborated on several models, including the Explorer, the Probe, the Mazda 323, and the Mazda MX-6. The U.S. automaker has supplied Mazda with help in marketing, finance, and styling. In return, Mazda has provided manufacturing and product development expertise to Ford. Both companies have worked together toward a common goal and both have benefited as a result of theirA. strategic alliance.B. international contract.C. free trade agreement.D. collaborative treaty.E. global oligopoly.
Answer:
A. strategic alliance
Explanation:
A strategic alliance refers to an agreement that is made between the two companies to work for accomplishing a common objective also in this the independence is there for working. It is less difficult and less binding as compared with the joint venture
Therefore in the given situation, it represents upon the strategic alliance and the same is to be considered
hence, the correct option is A.
You are considering switching your Internet and cable providers and DIRECTV is advertising an introductory rate of $30 a month for a two-year contract the introductory rate goes away after six months and the rate will raise to $75 a month after that in aaddition to switch now you will be entered into a drawing for a chance to be an extra in the companies next hilarious commercial you pay $50 a month with your current provider and there's no contract should you switch?
Answer:
DIRECTV:
($30)(6) + ($75)(18) = $1530
Current:
($50)(24) + $1200
Do not switch providers.
Explanation:
You should not switch providers because, in the long run, you will be paying less money with your current provider than with DIRECTV. Emotionally, you may want to purchase DIRECTV's contract because of the drawing; however, there is a low probability that you would actually be chosen, so it is not worth the increase in payments.
Which financing method would be ideal for funding long term investments?
Answer:
Bank loans
Share issues
Hire purchase.
Retained profits.
Explanation:
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Suppose a person who is developing a card game crowdfunds $40,000 and holds this as cash for future expenses. If this $40,000 comes from donors' checking accounts, by how much will the money supply fall if the reserve ratio is 10 percent?
A. The Money Supply will decrease by $___.
I've tried 4000, 40000, 36000, 44000, 400000, and everything else you can think of. Someone please help answer this!
According to the given details, the money supply will decrease by $400,000
Money supply
Money supply refers all the currency and other liquid instruments in a country's economy on the date measured.
Given,
Suppose a person who is developing a card game crowdfunds $40,000 and holds this as cash for future expenses.
Here we need to find the decreasing rate in money supply.
While we looking into the given question, we have identified the following values,
Account balance = $40,000
Reserve ratio = 10%
Now, the decreasing rate is calculated as,
Decrease rate = Account balance[1/reserve ratio]
Now, we have to apply the values on the formula, then we get
Decrease rate = 40000[1/0.10]
When we simplify it, then we get the decrease rate as,
Decrease rate = $400,000
Therefore, the money supply will decease by $400,000.
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Who influences the total output of the Egyptian economy?
Egyptian Households- Yes/No
Egyptian Firms- Yes/No
Egyptian Government- Yes/No
Answer:
Egyptian house holds yes
Which of the following would appear in the cash flows from investing activities section of the statement of cash flows?
a. Cash received from stock issued
b. Cash received from bonds payable
c. Depreciation expense on equipment
d. Cash paid for equipment
The correct answer is:
d. Cash paid for equipment
Cash flows from investing activities include transactions related to the acquisition or sale of long-term assets such as property, plant, and equipment. Cash paid for the purchase of equipment would be categorized as an investing activity because it involves the outflow of cash for the acquisition of a long-term asset.
what is the proper way to eat in class
The proper way to eat in class is to follow the rules and teacher's instructions, choose quiet and odorless foods, eat discreetly, and be respectful of others.
1: Be mindful of the class rules and teacher's instructions. Different schools and teachers may have different policies regarding eating in class. Make sure you are aware of these rules before proceeding.
2: Choose appropriate foods. Opt for foods that are quiet, odorless, and easy to eat without making a mess. Avoid foods that are crunchy, smelly, or require utensils, as they may disrupt the class or distract other students.
3: Prepare in advance. If you know you will be hungry during class, have a small snack or meal before class starts to curb your hunger. This way, you won't be tempted to eat during the class session.
4: Eat discreetly. If you do need to eat something during class, do so discreetly. Choose a moment when the teacher is not actively speaking or when there is a break in the lesson. Take small, quiet bites and avoid making unnecessary noise.
5: Be respectful of others. Ensure that your eating habits do not disturb or distract your classmates. Avoid chewing loudly, slurping drinks, or engaging in messy eating habits. Keep your focus on the class material while eating.
6: Clean up after yourself. Dispose of any food wrappers or containers properly in designated trash cans. If you accidentally make a mess, clean it up discreetly and quickly to avoid drawing attention.
7: Follow teacher's instructions. If your teacher explicitly prohibits eating in class, respect their rules and refrain from eating until an appropriate time, such as during designated breaks or lunchtime.
Remember, the primary purpose of being in class is to learn and engage in educational activities. Eating should only be done when necessary and in a manner that does not disrupt the learning environment.
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Scheduling personnel is an example of an operations management:
A. mission implementation
B. operational decision
C. organizational strategy
D. functional strategy
E. tactical decision
Answer:
B. operational decision
Explanation:
Scheduling personnel is an example of an operations management: operational decision
Scheduling personnel represents an example of an operations management of an operational decision.
The following information should be considered:
The staff-level decisions should be made from the lower level to the hierarchy level.Many decisions should be taken at many hierarchy levels.In this, the authority is present for taking the decisions.The lower level should take the decisions with respect to the employees.Therefore the other options are incorrect.
Hence we can conclude that scheduling personnel represents an example of an operations management of an operational decision.
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The price elasticity of supply reflects the flexibility of firms to increase or decrease the quantity supplied.
Which of the following does NOT increase flexibility?
So far in this chapter, all of the elasticity metrics have been related to the demand side of the market. Knowing how sensitive the amount given is to a change in pricing is also helpful.
Let's say there is a surge in apartment demand. There will be a dearth of flats available at the previous level of rent, which will put pressure on rents to increase. With all other factors remaining constant, the lower the rise in rent necessary to address the shortfall and restore market equilibrium, the more sensitive the supply of available flats is to changes in monthly rates. In contrast, price would need to climb more if quantity provided is less responsive to price changes, resulting in a shortage brought on by a spike in demand.
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Laura, an inventory manager, always maintains a certain quantity of goods as a buffer to utilize in times of emergency. Which technique of controlling inventory costs does Laura use?
A.
ABC classification
B.
just in time
C.
maintaining safety stock
D.
following economic order quantity
Answer:
C. maintaining safety stock
Explanation:
Safety stock refers to the minimum stock level that businesses would wish to maintain at all times. The safety stock level assures a business does not experience stock out. Every time stock approaches the safety stock level, an order should be placed to replenish inventory. Businesses that apply the concept of safety stock do not allow the inventory to go below the level marked at safety stock.
The safety stock method requires inventory to be ordered when it approaches safety stock. Allowing inventory to drop below the safety stock is risking running out of stock leads to halting production.
Answer:
C. maintaining safety stock
Explanation:
I just took the test on Edmentum/Plato and got the answer right
do Businesses operate separately from society as a whole.
Businesses do not operate separately from society as a whole. In fact, businesses are an integral part of society and their operations can have significant impacts on various aspects of society, including the economy, the environment, and social issues.
Firstly, businesses are a key contributor to the economy of a society. They generate income, create jobs, and drive innovation, which in turn fuels economic growth and development. The success of businesses is closely tied to the health and well-being of the economy, and vice versa.
Secondly, businesses can have significant impacts on the environment. Their operations can result in pollution, depletion of natural resources, and other negative environmental effects. As such, businesses have a responsibility to operate in a sustainable manner, reducing their environmental impact and promoting sustainable practices.
Thirdly, businesses can also have an impact on social issues such as inequality, discrimination, and human rights. For example, businesses may choose to operate in a way that promotes diversity and inclusivity, or they may take steps to ensure that their operations do not contribute to human rights abuses or other negative social impacts.
In conclusion, businesses are an important part of society and their operations are closely interconnected with various aspects of society. As such, businesses have a responsibility to operate in a way that takes into account their impact on society as a whole, including the economy, the environment, and social issues. This is why many businesses are increasingly adopting corporate social responsibility (CSR) policies and practices, which aim to ensure that their operations are sustainable, socially responsible, and contribute positively to society.
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briefly describe and note any errors you see in the a/p aging summary report as of march 30 2016
Your AR ageing report contains information about the credit you grant customers who make purchases from you.
What is AR ageing?Accounts receivable ageing is a recurring report that classifies a company's receivables based on how long an invoice has been unpaid. It serves as a yardstick for evaluating the stability and financial standing of a company's clientele. If an organization's receivables are being collected much more slowly than usual, this may indicate that business is slowing down or that the organisation is taking on more credit risk in its sales operations. As a management tool, accounts receivable ageing can show whether customers are developing credit concerns and whether the company should continue doing business with those who are frequently late with payments.
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1.3 Eloberate on the meaning of crisis.
Where is the Edit Links dialog box located?
Edit Link options. When you open the Edit Links dialog (Data > Queries & Connections > Edit Links), you're presented with several options for dealing with existing links. You can select individual workbooks with Ctrl+click, or all of them with Ctrl+A. This will update all selected workbooks.
Answer:data tab, connections group
Explanation:
just did
Suppose the government sets an effective price floor (that is, a price above equilibrium) in the market for oranges and agrees to buy all oranges that go unsold at that price. The oranges purchased by the government are discarded. Illustrate the number of oranges purchased by the government. Illustrate the gains and losses to all relevant groups of Americans and the dead weight loss.
Answer:
If the market floor is over demand, there is a surplus supply at that point. As a result , the number for oranges bought by the state would be Q1Q2 across the table.
Benefit is to the growers growing oranges as they've been having a better price and the cost is to the customers and community at large as it increases in deadweight losses. The triangular region in the graph reflects a moral hazard, DWL.
Which situation is an example of indirect taxation?
OA. Stores charge sales tax on each purchase and give that money to
the government.
OB. Homeowners must pay a percentage of their home's worth to the
government.
OC. Businesses must send a portion of their income each year to the
government.
OD. Every citizen sends the government money to support the armed
forces.
SUBMIT
Option A is the correct answer. Indirect taxation is the situation where taxes are imposed on products or services and not directly on individuals. Therefore, the example of indirect taxation in the situation given is when stores charge sales tax on each purchase and give that money to the government.
Stores charge sales tax on each purchase and give that money to the government is an example of indirect taxation.Indirect taxation is a method of taxation in which individuals are not taxed directly, but instead, the tax is paid through an intermediary.
The tax is generally imposed on products or services. This tax, which is passed on to the customer as part of the price of the good or service, is then collected by the seller and forwarded to the government.
Sales tax, excise tax, and customs duty are all examples of indirect taxes.
Therefore, Option A is the correct answer.
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What does it mean to become a master adaptive learner and why is this
important?
Answer:
Hi
Explanation:
A master adaptive learner is someone that uses an approach to self-regulated learning that leads to development. This is important because this can give you a growth mindset and motivation.
The competitive threat that outsiders will enter a market is weaker when
The competitive threat that outsiders will enter a market is weaker when the incumbents enjoy substantial cost advantages.
The competitive threat that outsiders will enter a market refers to the possibility that new firms will enter a market to compete against existing firms. It is the degree of competition in a market that is determined by the ability of other companies to enter the same market and offer similar goods or services at a lower cost.
There are certain factors that determine the competitive threat of outsiders, these are:Ease of Entry: When the cost of entering a market is low, the threat of new entrants is high and vice versa.Brand loyalty: In markets where consumers are more loyal to the existing brands, the competitive threat of new entrants is weaker.
Patents: In markets where incumbents hold many patents, the competitive threat of new entrants is weaker.Cost advantage: The competitive threat of outsiders is weaker when incumbents enjoy substantial cost advantages.Cost advantage is the answer to your question.
The competitive threat that outsiders will enter a market is weaker when incumbents enjoy substantial cost advantages.
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