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2 years ago

Choose the correct alternative regarding tax revenue:

Business

1 answer:

insens350 [35]2 years ago

5 0

The correct alternative regarding tax revenue:

B-Personal income tax is currently the largest source of government revenue in South Africa.

Direct Taxes

it is levied on earnings and activities conducted.
the burden of tax cannot be shifted in case of direct tax.
it is paid directly by individual concerned.
it is paid after the income reaches in the hands of the taxpayer
Tax collection is difficult.
instance income tax, wealth tax etc.

Indirect Taxes

it is levied on product or services.
the burden of tax shifted for indirect taxes
It is paid by way of one man or woman however he recovers the same from another person i.e. person who actually bear the tax ultimate consumer.
it is paid before goods/service reaches the taxpayer.
Tax collection is exceptionally easier
Example GST, excise duty custom duty sale tax carrier tax

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The price-demand and cost functions for the production and sales x BBQ grills are given as p ( x ) = 410 − x / 6 C ( x ) = 5900

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Answer:

(a) $R(x)=410x-\frac{x^{2}}{6}$

(b) profit = 95,683.33

Explanation:

$Price:p(x)=410-\frac{x}{6}$

C(x) = 5900 + 130 x

(a) Revenue, R(x) = Price × Quantity

$=410-\frac{x}{6}\times x$

$=410x-\frac{x^{2}}{6}$

(b) profit = R(x) - C(x)

$=410x-\frac{x^{2}}{6}-5900 - 130x$

At x = 1150

$=410(1150)-\frac{1150^{2} }{6}-5900-130(1150)$

= 471,500 - 220,416.67 - 5,900 - 149,500

= 95,683.33

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Which of the following is true of specialty stores? Group of answer choices They carry a deep assortment of merchandise within a

MrMuchimi

The correct option is that they carry a deeper by narrower assortment of merchandise within a single category of interest.

<h3>What is a specialty store?</h3>

This refers to a retail store which lay emphasis on selling products which have specific category. It is to be noted that specialty store have a wide selection of products but few categories.

Hence, the correct option is that they carry a deeper by narrower assortment of merchandise within a single category of interest.

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