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topjm [15]
2 years ago
11

how will the demand for gucci shoes change today, if the government decides to tax designer shoes next year?

Business
2 answers:
eduard2 years ago
4 0
In todays society it really depends, the first thing that comes to mind is it’ll increase but at the same time if people prefer designer shoes over Gucci they’ll still buy them
Masteriza [31]2 years ago
3 0
The demand for gucci shoes would increase drastically if the government decides to tax designer shoes next year so the people don’t have to pay for the taxes.
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Explanation:

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3 0
3 years ago
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $5,000 from sales $201,0
mel-nik [20]

Solution:

Differential Analysis:      

                                      Continue      Eliminate      Net income

                                                                                   Inc/Dec  

                                                                                             

Sales                               201000             0                -201000  

variable cost                     176000             0                 176000  

Contribution margin          25000              0                -25000  

Fixed cost                        30000           20300               9700  

Net income / (loss)           -5000             -20300          -15300  

No, The Product line shall not be eliminated  

4 0
3 years ago
A bank has $8,000 in deposits and $6,000 in loans. It has loaned out all it can given the reserve requirement. It follows that t
Wittaler [7]

Answer:

c. 25 percent.

Explanation:

The computation of the reserve requirement percentage is shown below:

Given that

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Loans = $6,000

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= $2,000

Now the required reserve is

= $2,000 ÷ $8,000

= 25%

Hence, the correct option is c. 25 percent

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

7 0
3 years ago
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