The correct answer is Option A. The correct statement regarding commodity (or excise) taxes is The reduction in consumer and producer surplus associated with a commodity tax is equivalent to the tax revenue collected.
The correct answer for tax wedges is Option E. The correct statement regarding tax wedges is Tax wedges are larger when supply is more inelastic than demand.
1. Commodity taxes are taxes imposed on specific goods or services.
Excise taxes are a type of commodity tax that is imposed on goods at the time of manufacture.
The effects of a commodity tax on consumer and producer surplus are determined by the elasticity of demand and supply, respectively.
The loss of consumer surplus and producer surplus due to a commodity tax is referred to as the deadweight loss (DWL) of the tax.
The DWL is the sum of the producer surplus lost and the consumer surplus lost as a result of the tax.
The DWL of a tax is usually greater the greater the price elasticity of supply and demand.
The DWL is the loss to society, which is not offset by any gains.
The burden of the tax (the total cost of the tax) is shared between the buyers and sellers in accordance with their relative elasticities of demand and supply.
2. Tax wedge is the difference between the price paid by buyers and the price received by sellers, and is equal to the amount of the tax.
It is the amount by which the price paid by buyers exceeds the price received by sellers.
It is also the amount by which the price received by sellers falls below the price paid by buyers.
The tax wedge includes the tax, as well as any other costs associated with the tax (such as compliance costs).
The size of the tax wedge is directly proportional to the amount of the tax.
The size of the tax wedge is inversely proportional to the elasticities of demand and supply.
The more elastic the demand and supply, the smaller the tax wedge. Conversely, the less elastic the demand and supply, the larger the tax wedge.
The larger the tax wedge, the greater the DWL of the tax.
Therefore, The correct answer of first is Option A. and the correct answer for second is Option E.
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This year, Bo and Martha received $14,000 of Social Security income and had $6,000 of interest income. What portion of the Social Security benefits will be taxable on their married filing jointly income tax return?
a. $0.
b. $3,000.
c. $7,000.
d. $14,000.
The Social Security benefits they receive have a $3,000 taxable component.
To determine the taxable portion of Social Security benefits, you need to consider the provisional income. Provisional income is calculated by adding half of the Social Security benefits received and other taxable income (in this case, interest income). In Bo and Martha's case:
Provisional income = (1/2 * $14,000) + $6,000 = $7,000 + $6,000 = $13,000
Since they are married filing jointly, the following thresholds apply:
1. If the provisional income is below $32,000, none of the Social Security benefits are taxable.
2. If the provisional income is between $32,000 and $44,000, up to 50% of the Social Security benefits are taxable.
3. If the provisional income is above $44,000, up to 85% of the Social Security benefits are taxable.
As their provisional income is $13,000, which is below $32,000, none of their Social Security benefits would typically be taxable. However, since they have $6,000 of interest income, the least taxable portion is $3,000 (assuming it's tax-exempt interest). Thus, the taxable portion of their Social Security benefits is $3,000.
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Indicate how each of the following transactions affects US exports, imports, and net exports.
Transaction
Effect On...
U.S. Exports U.S. Imports U.S. Net Exports
A British scholar spends a year at Harvard University as a visiting scholar.
Your parents go on a trip to Japan in late March for the Cherry Blossom season.
A Canadian buys a new Ford.
The student bookstore at Yale University sells books published by Cambridge University Press.
A European family goes to Disney World in Florida for vacation.
Choice for the table are: increase, decrease, or unchanged
Answer: See explanation
Explanation:
Exports are the goods and the services that a particular country produces and sells to other countries.
Imports are the goods produced in other countries and sold to ones country.
Net export is the difference between the export an import. An increase in export leads to a rise in the net export.
Based on the above explanation, the answer to the question will be:
1. A British scholar spends a year at Harvard University as a visiting scholar.
US exports - Increase
Imports - Unchanged
Net exports - Increase
2. Your parents go on a trip to Japan in late March for the Cherry Blossom season.
US exports - Unchanged
Imports - Increase
Net exports - Decrease
3. A Canadian buys a new Ford.
US exports - Increase
Imports - Unhanged
Net exports - Increase
4. The student bookstore at Yale University sells books published by Cambridge University Press.
US exports - Unchanged
Imports - Increase
Net exports - Decrease
5. A European family goes to Disney World in Florida for vacation.
US exports - Increase
Imports - Unhanged
Net exports - Increase
Why is it important for people to be careful to manage their debts?
Answer:
A debt management company can help by analysing your situation and giving you good advice on the best debt solution to suit your needs. A debt consolidation loan may also be a good way of arranging your debt and making it easier to pay back
Explanation:
Hope this helped Mark BRAINLIEST!!!
what are the positive impacts of Title VII of the Civil Rights Act of 1964 on US companies. How did this historic change in US law benefit companies?
Answer:
The Civil Rights Act of 1964 hastened the end of legal Jim Crow. It secured African Americans equal access to restaurants, transportation, and other public facilities. It enabled blacks, women, and other minorities to break down barriers in the workplace.
Explanation:
In two to three sentences, describe one saving and investing principle and how you can apply it to your own personal finances.
Answer:
Explanation:
Personal finance is a term that covers managing your money as well as saving and investing. It encompasses budgeting, banking, insurance, mortgages, investments, retirement planning, and tax and estate planning. The term often refers to the entire industry that provides financial services to individuals and households and advises them about financial and investment opportunities.
Personal finance is about meeting personal financial goals, whether it’s having enough for short-term financial needs, planning for retirement, or saving for your child's college education. It all depends on your income, expenses, living requirements, and individual goals and desires—and coming up with a plan to fulfill those needs within your financial constraints. To make the most of your income and savings, it's important to become financially literate, so you can distinguish between good and bad advice and make smart decisions.
Answer:
Personal finance is a term that covers managing your money as well as saving and investing. It encompasses budgeting, banking, insurance, mortgages, investments, retirement planning, and tax and estate planning. The term often refers to the entire industry that provides financial services to individuals and households and advises them about financial and investment opportunities
If a firm wanted to reduce the annual eoq cost as a percentage of the annual purchase cost by 50 percent, how would the demand rate have to change?
A firm wanted to reduce the annual EOQ cost as a percentage of the annual purchase cost by 50 percent, the demand rate have to change in Quadruple
Answer is Quadruple
Economic Order Quantity (EOQ), additionally called monetary purchase quantity, is the order quantity that minimizes the overall keeping prices and ordering charges in stock management. it's miles one of the oldest classical production scheduling fashions.
What's EOQ and its system?
Also called 'premier lot size,' the economic order quantity, or EOQ, is a calculation designed to locate the premiere order quantity for organizations to limit logistics charges, warehousing area, stockouts, and overstock prices. The components is: EOQ = square root of: [2(setup costs)(demand rate)] / conserving costs.
What is supposed through EOQ?
EOQ is a metric that represents the best order size to reduce charges for The commercial enterprise. monetary order quantity is a useful formulation for organizations of all sizes and types that order and preserve stock.
How is total value of EOQ calculated?
As a method: TC = laptop + OC + HC, wherein TC is the overall cost; pc is purchase fee; OC is Ordering value; and HC is holding price.
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a disadvantage of the corporate form of organization is that corporate stockholders are more exposed to personal liabilities in the event of bankruptcy than are investors in a typical partnership. group of answer choices true false
The statement "a disadvantage of the corporate form of organization is that corporate stockholders are more exposed to personal liabilities in the event of bankruptcy than are investors in a typical partnership." is false. It is because the corporation is make an easier for the firm to raise capital.
In the term of economic and business, A corporation generally can be defined as a business entity that is owned by its shareholder. The director of corporation is elected by shareholder to oversee the organization's activities. The corporation has an advantage where make an easier for the firm to raise capital. The corporation's stockholders are not subject to personal liabilities if the firm goes bankrupt and also because it is easier to transfer shares of stock than partnership interests.
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Find the area of a rectangle with the length measuring 8 km and the width measuring 5 km.
A. 26 m2
B. 40 m2
C. 40 km2
D. 26 km2
Answer:
The answer is C. 40 km^2
8km*5km = 40
A = L*W
L = 8 km
W = 5 km
the msb company provides its customers with critical or time-sensitive product information by sending them alerts or messages through their cellular phones. what form of technology is msb using as an element of customer relationship management?
MSB is using mobile technology as an element of customer relationship management.
The innovation that MSB organization is utilizing as a component of client relationship the board is portable promoting. By sending cautions or messages to clients' phones, MSB can convey time-delicate item data straightforwardly to its clients progressively, permitting them to remain informed and settle on ideal buying choices.
Portable promoting is a type of computerized showcasing that uses cell phones to speak with clients through SMS, MMS, pop-up messages, or in-application informing. It permits organizations to interface with clients on a more private level and furnish them with pertinent and opportune data, at last further developing consumer loyalty and devotion.
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vegetables wilt of soften and their color intensifies as they
Answer: boil
Explanation:
Answer:
Saute
Explanation:
Vegetables wilt and soften when sauteing for example spinach, bokchoy and kale to name a few.
How long should a cover letter be? A. Less than one page B. Two pages C. Three pages D. More than four pages Please select the best answer from the choices provided A B C D
Answer: A. Less than one page
Explanation:
3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Joe can read 7 page of hi book in 5 minute. At thi rate, how long will it take him to read the entire 275-page book?
Joe will need about 196.43 minutes minutes to read the entire 275-page book.
We can use the formula rate = distance/time to calculate this. The distance is the number of pages in this case, and the time is the amount of time it takes to read those pages.
We know Joe can read 7 pages in 5 minutes, so we can use these values to calculate how long it will take him to read 275 pages: rate = 275 pages / time.
We get time = 275 pages / 7 pages per 5 minutes when we solve for time.
275/7=39.286
pages per 5 minutes= 39.286 *5=196.43 minutes
Converting the time from minutes to hours, we get that it will take Joe
1 hour = 60 minutes
= 196.43/60
=3 hours 16 minutes
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How many months will it take Damián to save up the money for first and last month's rent? Damián's monthly paycheck = $1,300 First and last month's rent = $750 + $750 = $1,500 First month's groceries, cable and internet = $200 + $ 100 = $300
Answer:
2 months
Explanation:
Damian requires the first and last months rent = $1500
His monthly income is $1,300
The first month's expenses are $300 ( groceries, cable, and internet)
Possible savings from month one = $1000 ($1300 - $300)
To get $1500, Damian will need to save for two months.
cosA=1/2^-1.find the value of A
Answer:
A = 60°
Explanation:
Since cosA = 1/2, to find the value of A, we take the inverse cosine of both sides.
So, cosA = 1/2
So, taking inverse cosine of both sides, we have
cos⁻¹cosA = cos⁻¹(1/2)
So, A = cos⁻¹(1/2)
Using our calculator, taking cosine inverse of one-half, we find that, cos⁻¹(1/2) = 60°
Since cos⁻¹(1/2) = 60° and A = cos⁻¹(1/2)
This implies that A = 60°
So, we find that the value of A is 60°.
materials used in the main production or manufacturing of a product are called .beginning inventorycost of goods soldending inventoryraw materials
The materials used in the main production or manufacturing of a product are called raw materials. These raw materials are essential components that are transformed into finished goods through the manufacturing process.
These are the basic materials that are transformed into finished goods through the manufacturing process. Raw materials are the starting point of the production cycle and are used to create the goods that are sold to customers. Without raw materials, manufacturing would not be possible as they are essential to the production process. Once the raw materials are transformed into finished goods, they become part of the cost of goods sold.
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Which of the following describes interest compound on the principle, excluding previously earned interest?
a- future value
b- present value
c- simple interest
d- compunding
Answer:
c- simple interest
Explanation:
Simple interest is the interest attained on the principal amount only. It is expressed as a percentage of the principal amount. Because the principal amount does not change, and the interest rate remains constant, the simple interest amount is a constant figure throughout the investment life.
Simple interest contrast compound interest that earns interest on previously earned interest.
Where do you report a stolen credit card to efta standards or pci standards
A merchant's PCI DSS compliance can be confirmed using the PCI Report on Compliance. The PCI DSS's standards and procedures were created to increase the security of credit card-based transactions and safeguard cardholder data from fraud and other unauthorized uses of their personal data.
To protect cardholders' private information and boost the security of transactions involving credit, debit, and cash cards, the Payment credit card Industry Data Security Standard (PCI DSS) is a well-known set of rules. PCI Compliance is NOT a one-time project but an ongoing practise. Merchants (the Business Owner) are in charge of overseeing the finances of their company's activities.
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1) Inflation represents the rate of increase of the average price of goods. If inflation decreases from 10% to 5%, does the average price of goods decrease? Explain.
No, the average price of goods does not decrease when inflation decreases from 10% to 5%.
Inflation represents the rate of increase in the average price of goods and services over time. When inflation decreases, it means that the rate of price increase has slowed down, but it does not imply a decrease in the average price itself. Even with a lower inflation rate, prices can still continue to rise, albeit at a slower pace.
The percentage of inflation indicates the extent of price increase compared to the previous period. If the inflation rate decreases from 10% to 5%, it means that prices are still increasing but at a slower rate. For example, if an item was priced at $100 at the beginning of the year, with a 10% inflation rate, its price would increase to $110. However, with a 5% inflation rate, the price would increase to $105. While the rate of increase has decreased, the average price of goods has not decreased.
Therefore, it is important to differentiate between a decrease in the inflation rate (a decrease in the rate of price increase) and an actual decrease in the average price of goods, which would indicate deflation.
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what is it called when a brand name becomes generic
When a brand name becomes generic, it is known as genericization.
Genericization occurs when a brand name becomes a generic term that refers to the whole class of similar products rather than a specific brand of that product.What is genericization?The term genericization refers to the process by which a brand name becomes a generic term that refers to the whole class of similar products rather than a specific brand of that product. This can occur due to a variety of factors, including popular usage, marketing efforts, and regulatory rulings.
Generally, this is considered to be a negative occurrence for the brand as it can lead to a loss of trademark protection and ultimately harm the brand's reputation and profitability. Once a brand name becomes generic, it is no longer legally protected, and any competitor can use the name to describe their own products. The process of genericization can be influenced by many factors, including the product's popularity, the extent of its use in popular culture, and its level of marketing success.
For example, the term "escalator" was once a registered trademark of the Otis Elevator Company, but it became a generic term over time due to the widespread popularity of escalators and the company's inability to enforce its trademark rights. To prevent genericization from occurring, companies should take steps to protect their brand names by enforcing their trademark rights, using their brand names in a distinctive manner, and educating the public about the proper use of their brand names.
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What is it called when a brand name becomes generic?
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QUESTION 2 of 10: True or False: The biggest disadvantage to third-party lists is that it can take a long time before the list grows large
enough to have an impact on profitability.
Oa) True
Ob) False
The statement on the biggest disadvantage to third-party lists is False.
What is the biggest disadvantage ?The principal hindrance associated with third-party lists is not the amount of time required for it to expand sufficiently in order to generate profitable outcomes.
Rather, the main defect lies on the possibility that such list may not conform to the specific needs and interests of a business venture, thus resulting in unproductively low response rates and marketing efforts. Furthermore, other methods of advertising could be less costly than outsourced lists; there also exists concerns among data privacy and security with respect to using them.
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Should a congress bill contain “whereas” clauses ?
Ion really get your question
Ms. Levebre is the president of a company that makes office supplies. She wants to sell office supplies to the federal government. Where can she find the rules and procedures for doing this?
Federal Register of Rules and Bylaws
Government Purchasing Rules
Federal Acquisition Regulations
U.S. Government Purchasing Rights
Answer:
Federal Acquisition Regulations
Explanation:
Ms. Levebre can find the rules and procedures for selling office supplies to the federal government in the Federal Acquisition Regulations (FAR). The FAR is a set of standardized guidelines that outline the process for acquiring goods and services from private businesses by the federal government. It provides information on the process for submitting bids, negotiating contracts, and fulfilling orders, as well as other important details related to doing business with the federal government.
8) If scrap is returned to the company's storeroom and inventoried, it should NOT have any value in the accounting records.
a.true
b.false
b. false
Scrap returned to the company's storeroom and inventoried may still have some value in the accounting records. The value of scrap can be recorded as a potential source of revenue or as a reduction in expenses, depending on the accounting treatment chosen by the company.
The company is a dynamic organization operating in a competitive market. With a workforce of dedicated employees, it strives to deliver high-quality products and services to its customers. Innovation and adaptability are key pillars of its success, as it constantly seeks ways to improve and stay ahead of the competition. The company maintains a strong focus on customer satisfaction, aiming to build long-lasting relationships and meet their evolving needs. Through effective management and strategic decision-making, it aims to achieve sustainable growth and maximize shareholder value. With a solid reputation and a commitment to ethical practices, the company aims to be a responsible corporate citizen.
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1.
In 2016, a market had sales of £350.000. In 2017, the market grew by 5%.
Calculate the new market size in sales value.
Answer:
The new market size in sales value is 367,500
Explanation:
Answer:
£367,500
Explanation:
the market was £350,000 in 2016.
in 2017, the market grew by 5%.
the new market size will 5% more than 2016.
if 2016 was 100%, 2017 will be 105%
2017 = 105% x £350,000
=105/100 x £350,000
=1.05 x £350,000
=£367,500
Most new jobs in the United States will be in the a manufacturing industries:
b. goods-producing industries
C. service-producing industries
d. agriculture-producing industries
Please select the best answer from the choices provided
Α
B
С
D
Answer:
d agriculture-producing industries
Most new jobs in the United States will be in manufacturing industries service producing industries. The correct option is c.
In the United States, manufacturing is an important economic sector. The United States is the world's third-biggest manufacturer (after the People's Republic of Chine and the European Union), with a record high real output of $2.00 trillion (adjusted for inflation in 2009 dollars) in Q1 2018, significantly above the $1.95 trillion peak before the Great Recession in 2007.The manufacturing industry in the United States employed 12.35 million people on December 2016 versus 12.56 million in December 2017, a 1.7% rise.
Manufacturing, while still a significant portion of the US economy, contributed less to GDP in Q1 2018 than the 'Finance, insurance, real estate, rental, other leasing' sector, the 'Government' sector, or the 'Professional and business services' sector.
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Question no. 1
what would be % of deliverables during a bcp invocation?
o 100% - as during a normal business day
o no deliverables
o% mutually agreed with the client
Answer:
The % is Mutually agreed with the client.
Explanation:
Depending on the circumstances, a Business Continuity Plan (BCP) invocation may require a different number of deliverables.
Achieving 100% deliverables as during a typical work day is not always possible. Regular operations could not always be possible due to the impact of the incident or BCP's shortcomings.
In these situations, the percentage of deliverables that can be accomplished during the BCP invocation is mutually agreed upon by the organisation and its clients. The importance of the services, the resources at hand, and the client's comprehension and acceptance of the situation are all taken into account when calculating this proportion.
The objective is to find a balance that permits the continuation of crucial operations while minimising the effects of the occurrence.
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Listing the pros and cons for each of your options is a part of which step in the decision-making process?.
Answer:
Listing the consequences of each option.
Explanation:
lander has a netflix account and loves to watch independent and international films. after each film that he streams, netflix creates a list of other potential films he might enjoy watching based on his film watching history. lander has discovered many additional films he enjoys from the netflix suggestions. it is one of the main benefits he likes about his netflix account. what digital marketing technique is netflix using to build value for its customer lander?
Netflix is using the digital marketing technique of using measurable, data-driven information to add customer value.
This digital marketing technique of creating a list of potential films based on Lander's film screening history helps Netflix generate value for the customer, generating benefits such as:
reduction in the time the client looks for a film.meeting customer needs.increased satisfaction.greater customer loyalty.creation of relationship and interaction between company and customer.Therefore, artificial intelligence uses data to create value for the consumer, making the experience more targeted and aligned with consumer tastes and preferences, which makes the company better positioned and competitive in the market.
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Answer:
It is using highly measurable and data driven information to add customer-value for Lander.
Explanation:
explain how the procurement process is integrated with other processes within an organization
The procurement process is closely integrated with several other processes within an organization, including inventory management, finance, and operations.
Inventory management is directly linked to procurement since the procurement team must ensure that the organization has the necessary materials and supplies to support production and operations.
Procurement must work closely with inventory management to forecast inventory needs and ensure that sufficient stock is available to meet production schedules.
Finance plays a critical role in procurement, as it is responsible for managing budgets and tracking expenses related to procurement activities. The procurement team must work closely with finance to ensure that they are staying within budget and managing expenses effectively.
Operations are also closely integrated with procurement since the procurement team must ensure that the materials and services they acquire meet the organization's quality and operational standards.
Overall, effective integration of the procurement process with other processes within an organization is crucial to ensure that the organization can meet its production goals and operate efficiently.
Collaboration between different departments and clear communication is essential to ensure that everyone is working towards the same objectives.
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