<span>It is a precautionary principle when industrial activity poses a risk,
even if the threat is as yet poorly understood, prudence calls for restraint. set
of methods and procedures for aligning corporate strategies, policies, and
operations with principles that protect ecosystems. </span>
Answer:
Test marketing holds a lot of importance for the company. It allows
the company to test their product in a small region so as to get an
idea whether the product will work in a bigger market or not.
Through this, the company can measure the performance of the
product and can decide whether it should be released nationwide
for sale. Through this, the company can estimate the earnings that
can be earned through this product beforehand.
Explanation:
Answer:
Both C and D statements are correct
Explanation:
Answer: 0.2
Explanation:
The Gini coefficient also referred to as the Gini index is a statistical measure of distribution that depicts economic inequality through the measure of income distribution or wealth distribution among the population. Gini coefficient ranges from 0 to 1, with 0 meaning perfect equality and 1 meaning perfect inequality. Gini coefficient values over 1 are also possible as a result of negative income or wealth.
Since the formula for the GINI coefficient in the Lorenz curve has been given as: (Yellow Area) / (Yellow Area + Green Area) and yellow area is 0.1 and green area is 0.4.
Gini coefficient= 0.1 /(0.1+0.4)
= 0.1/0.5
= 0.2
Option a: Income tax
Income tax is a tax levied on an individual or group with respect to the income or profits received by the individual or group. Income tax is usually calculated as the product of tax rate and taxable income. tax rates may vary depending on the type and characteristics of the taxpayer and the type of income.
Income tax is a tax that the government imposes on income generated by businesses and individuals within its jurisdiction. Income tax is used to fund public services, pay government obligations, and provide goods to citizens.
what is income tax? the tax levied on the income of a company or individual is known as income tax. Income taxable income can come from various sources, including wages, salaries, dividends, interest, loyalty, rent, gambling prizes, and product sales.
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