Why do corrective taxes avoid the inefficiencies of most other taxes?
A.Corrective taxes apply only to goods that are bad for people's health, such as cigarettes and alcohol.
B.Because corrective taxes take into consideration the costs to bystanders.
C.Corrective taxes provide incentives for the conservation of natural resources.
D.Corrective taxes do not affect deadweight loss.
Answers
Corrective taxes avoid the inefficiencies of most other taxes because they take into consideration the costs to bystanders and provide incentives for conservation of natural resources. They also help minimize deadweight loss.
Corrective taxes, also known as Pigouvian taxes, are designed to correct market failures by internalizing the external costs associated with certain goods or activities. One reason why corrective taxes avoid inefficiencies is because they take into consideration the costs imposed on bystanders, also known as externalities. By incorporating these costs into the tax, corrective taxes provide a more accurate reflection of the true social cost of the goods or activities in question. This helps to discourage overconsumption or production of goods that have negative external effects, leading to a more efficient allocation of resources.
Furthermore, corrective taxes can provide incentives for the conservation of natural resources. By levying taxes on goods or activities that harm the environment, such as carbon emissions or resource extraction, corrective taxes make these activities more expensive. This encourages individuals and businesses to find alternatives, invest in cleaner technologies, or reduce their consumption, ultimately promoting sustainability and efficient resource allocation.
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Related Questions
What are the six basic step of the problem solving process?
Answers
Answer:
Step 1: Identify and define the problem.
Step 2: Generate possible solutions.
Step 3: Evaluate alternatives.
Step 4: Decide on a solution.
Step 5: Implement the solution.
Step 6: Evaluate the outcome.
Answer:
First step: You must identify AND define the problem.
Second Step: You must generate, or brainstorm, possible solutions to your problem.
Third Step: Evaluate your alternatives.
Fourth Step: You must decide on a solution.
Fifth Step: Implement the solution of your choice.
Sixth Step: Finally, evaluate the outcome.
An initial deposit of $5000 is put into an account that earns 4% interest, compounded annually. Each year, an additional deposit of $5000 is added to the account. What is the value of the account after the tenth deposit if no withdrawals or additional deposits are made
Answers
Answer:
$60,030.54
Explanation:
what two trends in the past decade have significantly influenced global marketing?
Answers
Which of the following is a list of liabilities?
A.accounts payable, bank loan, taxes payable, tax expense
B.accounts payable, bank loan, wages, taxes payable
C.accounts receivable, bank loan, taxes payable, accounts payable
D.accounts payable, bank loan, taxes payable, workers compensation payable
Answers
What are measurements that evaluate results to determine whether a project is meeting its goals?.
Answers
Metrics are measurements that evaluate results to determine whether a
project is meeting its goals.
What is Metrics?This is used to track the performance level of a project. It is used by
stakeholders and done in a quantitative manner.
Different forms of metrics include the following:
SalesProfitReturn on investmentCustomer reviews etc.This helps to measure the performance and production level of
organization with finances being an important factor.
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Landon jewelers uses the perpetual inventory system. on april 2, landon sold merchandise with a cost of $2,500 for $7,000 to a customer on account with terms of 3/15, n/30. the journal entry to record the cost of goods sold would be:
Answers
Answer:
Dr Cash $6,790
Dr Sales discount $210
Cr Accounts Receivable $7,000
Explanation:
Cost of goods sold by Landon Jewelers is $7,000
The cost is subject to 3/15, n/30 meaning that 3% will discount will be applicable if payment is made in 15 days. Where the balance is not paid within 15 days, it must however be paid within 30 days.
Since payment was made to Landon Jewelers within the 15 days grace, 3% deduction will be applicable to the payment.
Therefore Sales discount would be ;
= $7,000 × 3%
=$210
Balance paid in cash would be;
=$7,000 - $210
=$6,790
Journal entry for cost of goods sold would be;
Dr Cash $6,790
Dr Sales discount $210
Cr Accounts Receivable $7,000
Sales discount is an expense hence debited while the whole amount is credited to accounts receivable.
QuickMovers limits the size of the packages it delivers to 75 pounds. This is
an example of what type of requirement?
O A. Internal
O B. Voluntary
O C. Government
O D. External
Answers
(If I’m right) mark as brainliest
Answer:
internal
Explanation:
i took the test
which word best describes the nature of projects, given that they have starting points and (hopefully) ending points?
Answers
Answer:
Explanation:
temporary
Since all projects end at some point, even if they take years to complete, they are considered temporary.
The word best describes the nature of projects, given that they have starting points and ending points is Temporary.
What are the different types of projects ?
A project can also be defined as a set of inputs and outputs required to achieve a particular goal. They can range from simple to complex and can be managed by one person or a hundred.There are various kinds of projects ranging from Administrative , Construction, Computer Software Development and a Design of Plans.Every project has a beginning, a middle period during which activities move the project toward completion, and an ending.Hence, the correct word is Temporary.
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Help please, Reply as soon as possible !
Answers
Answer:
accounts payable
Explanation:
my mom uses it shes an accountant so it must be good
Which of these is a reason why a company may want to recruit internally? A Better chance of fresh ideas o B. Broader experience within the industry c. Familiarity with the company mission D. Saving money on salaries
Answers
Answer:
C. Familiarity with the company mission.
Explanation:
As a corporate director, I tend to seek talent within our organization for this very reason. Long term team members whom plan on growing with our organization are, at times, best suited for roles above their current level due to their loyalty and familiarity with the company mission. Promoting within gives great culture to a company and adds to overall moral.
You are Anil Gupta residing at 158, Vasu Nagar, Baranagar, Write a letter to your friend inviting him to your birthday party.
Answers
The letter to my friend inviting him to my birthday party is given below:
The LetterDear [Friend's Name],
I hope this letter finds you in the best of health and spirits. As you already know, my birthday is coming up, and I would like to invite you to my party.
The party is on [Date] at [Time] at my residence, 158, Vasu Nagar, Baranagar. We have planned a lot of exciting activities, music, and delicious food to celebrate the occasion.
Your presence at my birthday party would make me very happy, and I hope that you will be able to attend. Please let me know if you will be able to make it so that we can make the necessary arrangements.
Looking forward to your response and hoping to see you soon.
Warm Regards,
Anil Gupta
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Direct materials and direct labor costs are debited to the Factory Overhead account in a job costing system.
T/F
Answers
False. Direct materials and direct labor costs are not debited to the Factory Overhead account in a job costing system.
Direct materials and direct labor costs are direct costs that are directly traced to specific jobs or products and are debited to Work in Process (WIP) accounts.
Factory overhead costs, also known as indirect costs, are not directly traceable to specific jobs or products and include expenses such as rent, utilities, depreciation, and indirect labor. These costs are allocated or applied to jobs or products using a predetermined overhead rate and are debited to the Factory Overhead account in a job costing system.
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At the beginning of the year, Smidovec Plumbing had current liabilities of $15,932 and total debt of $68,847. By year end, current liabilities were $13,870 and total debt was $72,415. What is the amount of net new borrowing for the year?
a. $5,630.
b. $2,480.
c. $3,568.
d. $4,677.
e. $2,062.
Answers
Answer:Cash flow to creditors = Interest paid - Net new borrowing
Cash flow to creditors = Interest paid - (LTDend - LTDbeg)
Cash flow to creditors = $160,000 - ($6,400,000 - 6,000,000)
Cash flow to creditors = -$240,000
Explanation:The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $6 million, and the 2018 balance sheet showed long-term debt of $6.4 million. The 2018 income statement showed an interest expense of $160,000.
DUE TODAY PLEASE HELP T^T
One reason picking a career that interests you is that you might easily spend 30-40 years doing that job.
False
True
Answers
Answer:
False
Explanation:
Because you would spend 30-40 years of that career that YOU would enjoy. If you do something that's easy but not fun, then you would most likely end up quitting that job/career.
Many politicians have degrees in business or law.
True
False
Answers
analyse the impact of an enterprise using break even analysis to make business decisions
Answers
Answer:
Using break-even analysis in your feed and grain business can help you understand and examine the profit drivers of your business. It is a very useful tool that can help you understand how much you need to sell to cover your costs and how pricing, cost, and volume changes impact these needed sales.
How does Truth-in-lending benefit consumers when shopping for a loan? a. Truth-in-lending allows consumers to be frank with the lenders and talk about very personal things. B. Truth-in-lending requires all lending institutions to eventually convert all of their loans to fixed interest rates. C. Truth-in-lending requires consumers to admit whether or not they can actually afford the loan they’re applying for. D. Truth-in-lending allows consumers to know every cost that is associated with the loans they research and apply for, and helps them reach the optimal decision.
Answers
Answer:
A
Explanation:
Truth-in-lending allows consumers to be frank with the lenders and talk about very important things
Answer: D
Explanation:
Truth-in-lending allows consumers to know every cost that is associated with the loans they research and apply for, and helps them reach the optimal decision.
taking the test rn edge 21-22
What is the firm's total revenue when selling cable television to 6 houses? What is the firm's marginal revenue when selling cable television to the 13th houses?
Answers
Assuming the firm charges the same price for cable television to all houses, the total revenue when selling cable television to 6 houses would depend on the price per household and the number of channels or package selected by each household.
For example, if the firm charges $50 per household per month and all 6 houses select the same $50 package, then the total revenue would be $300 per month. The marginal revenue when selling cable television to the 13th house would depend on the price elasticity of demand and the pricing strategy of the firm. Marginal revenue is the additional revenue generated by selling one more unit of a product or service. If the firm maintains the same price for all 13 houses, the marginal revenue would be equal to the price per household. However, if the firm uses price discrimination or dynamic pricing strategies, the marginal revenue could be higher or lower depending on the willingness to pay of the 13th household.
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A home improvement store has an assembled kids playset on display. There
are no signs waming parents not to let their kids play on it. When a child
climbs on the playset, it collapses and the child breaks her wrist. The playset
was not assembled properly for use because it was only for display. Is the
home improvement store negligent?
A. Yes. The store has a duty of care to provide a safe environment
and not assembling the playset correctly or putting up warning
signs is a breach of duty. The breach caused the playset to
collapse and resulted in harm to the child.
O B. Yes. Home improvement stores are held to a higher standard of
care than other stores because they sell some dangerous items.
Even though a reasonable person wouldn't climb the playset, the
store is still negligent.
O C. No. Home improvement stores do not have a duty to ensure the
safety of their customers because they sell some dangerous
items. Without duty to the customer, the store cannot be negligent.
OD. No. The store is not in violation of a breach of duty because
customers should know never to climb on or use anything on
display in a store. Without breach of duty, the store is not
negligent
Answers
Answer:
a. yes. the store has a duty of care to provide a safe environment and not assembling the playset correctly or putting up a sign is a breach of duty. and it resulted in harm.
Explanation:
a p e x
firm is currently unlevered with 1,000,000 shares each priced at $50. the firm is debating of changing its capital structure by taking $20m in debt and repurchasing shares. it will pay down this debt by $4m every year. if the tax rate is 40% and cost of debt is 8%, what is the value of the restructured firm? assume interest is paid at the end of each year as a percentage of the loan value remaining at the beginning of the year.
Answers
The value of the restructured firm is approximately $64,799,834.83.
The value of the restructured firm, to determine the present value of the tax shield from the interest payments and the present value of the annual debt reduction.
The interest payment and the tax shield for each year. The interest payment is calculated as the cost of debt multiplied by the outstanding loan balance at the beginning of the year. The tax shield is the tax rate (40%) multiplied by the interest payment.
Year 1:
Loan Balance: $20,000,000
Interest Payment: $20,000,000 × 8% = $1,600,000
Tax Shield: $1,600,000 × 40% = $640,000
Year 2:
Loan Balance: $20,000,000 - $4,000,000 = $16,000,000
Interest Payment: $16,000,000 ×8% = $1,280,000
Tax Shield: $1,280,000 × 40% = $512,000
Year 3:
Loan Balance: $16,000,000 - $4,000,000 = $12,000,000
Interest Payment: $12,000,000 × 8% = $960,000
Tax Shield: $960,000 × 40% = $384,000
Year 4:
Loan Balance: $12,000,000 - $4,000,000 = $8,000,000
Interest Payment: $8,000,000 × 8% = $640,000
Tax Shield: $640,000 × 40% = $256,000
Now, let's calculate the present value of the tax shield. discount each year's tax shield at the cost of debt (8%) and sum them up.
PV of Tax Shield = $640,000 / (1 + 8%) + $512,000 / (1 + 8%)² + $384,000 / (1 + 8%)² + $256,000 / (1 + 8%)²
PV of Tax Shield = $592,592.59 + $437,037.04 + $316,872.43 + $214,925.93 = $1,561,428.99
Next, let's calculate the present value of the annual debt reduction. discount each year's debt reduction at the cost of debt (8%) and sum them up.
PV of Debt Reduction = $4,000,000 / (1 + 8%) + $4,000,000 / (1 + 8%)²2 + $4,000,000 / (1 + 8%)²3 + $4,000,000 / (1 + 8%)²4
PV of Debt Reduction = $3,703,703.70 + $3,427,336.45 + $3,171,840.07 + $2,935,525.62 = $13,238,405.84
calculate the value of the restructured firm. The value of the firm is the value of the unlevered firm (before the restructuring) plus the present value of the tax shield plus the present value of the debt reduction.
Value of Restructured Firm = Value of Unlevered Firm + PV of Tax Shield + PV of Debt Reduction
Value of Unlevered Firm = Number of Shares * Share Price
Value of Unlevered Firm = 1,000,000 * $50 = $50,000,000
Value of Restructured Firm = $50,000,000 + $1,561,428.99 + $13,238,405.84
Value of Restructured Firm = $64,799,834.83
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what is the differences and similarities between rental goods services and non goods services
Answers
Answer and Explanation:
Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.
Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.
wth fill in the blanks
Bankruptcy
Cash
Check
Credit
Debit
Debt
Foreclosure
Expenditures
Credit Card
Debit Card
Impulse Buying
Long-Term Goals
Needs
Short-Term Goals
Wants
Budget
Discretionary Income
Fixed Expenses
Variable Expenses
Scarcity
(not all the words are being used)
1. The amount of financial trust extended to a person or a business by a lender; a loan.
2. Money owed.
3. A legal process that gives a debtor protection from creditors.
4. Goods or services that make people more comfortable or content but which are not necessary for survival.
5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.
6. Money that is spent on goods, services, and bills.
7. A purchase based on an immediate want or due to the pressure of advertising.
8. Plans that take a year or more to accomplish.
9. Plans that can be accomplished within three months to a year.
10. A record of income and spending and a plan for managing money.
11. Money available to spend on goods and services that are not essential.
12. The economic condition of limited resources that prevents people from having everything they want.
13. Expenses that do not change from month to month, such as auto insurance or rent.
Answers
Answer:
1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses
Explanation:
Bill received an unordered calendar from the local charity so he must pay money to the charity.
True
False
Answers
Answer:
false, they sent the calendar hoping he would make a donation, but he does not have to give any money
Explanation:
they sent the calendar hoping he would make a donation, but he does not have to give any money
Willing to give a lot of points
Please help
Question 4 of 10
What is one of the reasons marketing is essential to the free market system?
A. It ensures that companies make a healthy profit.
B. It helps educate consumers about competitive products.
OC. It employs more people that any other career group.
D. The sales of advertising makes television programming possible.
SUBMIT
Answers
One of the reasons marketing is essential to the free market system is that It ensures that companies make a healthy profit.
What is free market?A free market is a market structure where there is no interference from government but forces of demand and supply controls it.
With regards to the above, marketing ensures that products gets to the target audience to attract sales, thereby increase profits.
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The tax paid for land is known as
i)direct tax
ii)land revenue tax
iii)income tax
Answers
Answer:
land revenue tax
Explanation:
this is the money paid to make known that the land is yours
HELP PLEASE!!!
Step 1: Watch the Videos
Watch the following Ted Talk:
John Gerzema: “The post-crisis consumer.”
Step 2: Write Newspaper Advice Column
Now you will write a newspaper article entitled, “Tips for Consumers”. In it you want to give advice on how to make the best decisions when it comes to purchasing.
Imagine that you had interviewed John Gerzema and quote him in your article at least twice. Be sure that your article discusses the following:
Researching big purchases
Buying durable products
Avoiding impulse buying by delaying purchasing for a day or more
Answers
A sample newspaper article with the title is given below:
The Newspaper Article"Tips for Consumers: Making Smart Purchasing Decisions"
In today's fast-paced consumer culture, it can be easy to fall into the trap of impulse buying and making hasty decisions when it comes to big purchases. However, by taking the time to research and consider your options, you can ensure that you are getting the most for your money and making smart decisions that will pay off in the long run.
Gerzema advises that consumers should take the time to compare prices and read reviews from other customers before making a purchase.
In conclusion, by taking the time to research, opt for durable products and avoid impulse buying, consumers can make smart purchasing decisions that will save them money and give them the most value for their money
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What is payment by cash?
What is it used for?
Answers
Answer:
payment by cash is when you pay for something by cash
Explanation:
Answer:
When you use cash instead of your card.
Explanation:
Lets say you are going to the shop, to buy something- You arrive at the till and realise that you have not got your card with you , but instead you have cash. So that is what payment by cash is
An elementary school student brings her mother, Kathryn, in for parent career day. Kathryn discusses what she does on a daily basis in her career as a firefighter. She also tells the students that firefighting is a family tradition, because her father and brother are firefighters too.
What roles is Kathryn fulfilling while at the school?
Answers
Answer:
isnt it an elementary school student is her role?
Explanation:
Answer:
l
Explanation:
A data ________ is a repository of historical data that are organized by subject to support decision makers in the organization.
Answers
Answer:warehouse
Explanation:
When consumers in the United States buy products made by China, they are buying imported goods.
True or False