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nlexa [21]
2 years ago
9

How can taxes be used by the government to encourage or discourage the use of a

Business
1 answer:
SVEN [57.7K]2 years ago
6 0

Answer:

Taxes can be used to increase the price of producing or selling something which discourages firms from engaging in that activity.
If the government wants to encourage a particular activity, they could subsidize firms who engage in it.

For example there are extra taxes on cigarettes because the government sees them as harmful, these extra taxes increase the price of ciggarettes.

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Your parents invested $1000 into an account when you were born. The account has an interest rate of 6% and compounds monthly (12
Gelneren [198K]

Answer:

$3,310.20

Explanation:

The applicable formula in this case is

A = P x ( 1 + r )^ n

Where A= amount after 20 years

P is principle amount= $1000

r is interest rate = 6 % or 0.06 per year: monthly interest = 0.06/12

n is number of periods = 12 months x 20 years

A = $1000 x ( 1 + 0.005) ^240

A = $1000x (1.005) ^ 240

A =$1000 x 3.31020447580

A =$3,310.2044

8 0
3 years ago
What are the central concerns of economics?
nasty-shy [4]

Hi


The answer is : A

Resource use, production, and distribution of goods and services.


I hope that's help:)

5 0
3 years ago
Which of the following statements best describes the attitudes of an old-style manager?Most people wish to avoid responsibility,
Shkiper50 [21]

Answer:

The correct answer is: Most people wish to avoid responsibility, have little ambition, and want security.

Explanation:

This type of management thinking responds to the early theories of management, more especially to the classical theories of organization. These theories were devoted to the superior's authority, objectives, rules and, economic activities.  They organized men and materials for achieving objectives for their benefits, characterized by a large and complex atmosphere with impersonal detachment from human resources.

The motivation of workers were purely by bonus and monetary benefits. The general idea was that workers were inspired to perform the job if they are paid according to their contributions. Workers are considered economic beings.  Man was considered a rational and not an emotional being.  It assumes that man wants only money, and this assumption provides the maximum opportunity to exploit employees.  The idea that people avoid responsibility is due to the hierarchy and chain of command, the responsibility of the work rests on the superior.

8 0
3 years ago
Margaret Williams, production manager at Williams Manufacturing, finds her profits at $15,000 inadequate for her business. The b
In-s [12.5K]

Answer:

22.22%

Explanation:

The calculation of percentage in sales is shown below:-

Increase in profit required = $25,000 - $15,000

= $10,000

To achieve a profit $10,000, the required sales increases

= $10000 ÷ 18%

= $55,555.55

Percentage increase in sale = Required sales ÷ Sales of current situation

= $55,555.55 ÷ $250,000

= 22.22%

So, for computing the percentage increase in sales we simply applied the above formula.

7 0
3 years ago
A court-ordered ______________ was imposed on fairlawn city employees who worked on the city's streets and bridges. although the
melisa1 [442]

A court-ordered injunction was imposed on Fairlawn city employees who worked on the city's streets and bridges.

A court order which require a person to do or stop doing any specific action is called injunction and it has three types Permanent Injunctions,<span> Temporary restraining orders</span> and preliminary injunctions<span>.</span>

8 0
3 years ago
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