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1 year ago

When a tax distorts incentives to buyers and sellers so that fewer goods are produced and sold, the tax has.

1 answer:

8 0

When a tax distorts incentives to buyers and sellers so that fewer goods are produced and sold, the tax has caused a deadweight loss.

<h3>What is meant by deadweight loss?</h3>

The gap between the production and consumption of any given good or service, including taxes, is referred to as deadweight loss in economics. Deadweight loss is most frequently detected when the quantity generated compared to the quantity consumed deviates from the ideal surplus concentration.
Overproduction of commodities results in a loss of money. For instance, a baker might only sell 80 of the 100 loaves of bread they produce. There will be a deadweight loss since the 20 remaining loaves will become moldy and dry, and they will need to be thrown away.
The loss in economic activity that results when the market pricing of products or services change negatively affects consumers and businesses is referred to as deadweight loss.
You need to know the change in price and the change in quantity demanded in order to compute deadweight loss. Deadweight Loss is calculated using the following formula:. 5 * (P2 - P1) * (Q1 - Q2).

When a tax distorts incentives to buyers and sellers so that fewer goods are produced and sold, the tax has caused a deadweight loss.

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The team-centered decision-making model is preferred when: relevant information and expertise is found in a few select individua

Law Incorporation [45]

Answer:

Participation is needed to obtain necessary commitment

Explanation:

Decision Making Process is a process of Evaluation of various alternatives available through several methods like forecasting.

During evaluation, risk, time and the efficiency of these alternatives are checked.

Team-centred decision making style is preferable when;

1. Relevant information and how to go about issues cannot be not properly arranged by one person

2. Participation is needed for commitment

3. Making one individual as the central power hurts the team

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3 years ago

Which of the following is an advantage of first movers? Group of answer choices they are not prone to mistakes they have an oppo

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Answer:

they have an opportunity to exploit network effects and positive feedback loops

Explanation:

The first mover advantage refers to competitive advantages that can be achieved by a firm that first enters a market or launches a new product first. E.g. Volkswagen has a first mover advantage in China because it was the first foreign car manufacturer to successfully a car factory there. Another type of first mover advantage would be the ones obtained by Apple for launching the first smartphone.

Network effects refers to a good or service becoming more valuable because more people purchase or use them, e.g. social media apps.

Positive feedback loops occurs when a company's output is used as a positive input in the productive system, e.g. when a company uses information gathered by customer service (CRM) to improve the products or services it offers.

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3 years ago

QUICK ONE!

never [62]

Answer:

Rate is 1.5 times the straight line depreciation rate which is;

= $\frac{80,000}{8}$

= $10,000 per year

Rate = $\frac{10,000}{80,000}$ * 100%

=12.5%

Reducing balance rate = 12.5% * 1.5

= 18.75%

The Depreciation Schedule would be;

Year Beginning Book Value Depreciation Expense Accumulated Depreciation Book Value

1 $80,000 80,000*18.75% = $15,000 $15,000 $65,000

2 $65,000 65,000 * 18.75% = $12,1875.50 $27,187.50 $52,812.50

3 $52,812.50 52,812.5 *18.75% = $9,902.34 $37,187.84 $42,910.16

4 $42,910.16 42,910.16 * 18.75% = $8,045.66 $45,233.50 $34,766.50

5 $34,766.50 34,766.50 * 0.1875 = 6,518.72 $51,752.22 $28,247.78

6 $28,247.78 28,247.78 * 0.1875= $5,296.45 $57,048.67 $22,951.33

7 $22,951.33 22,951.33 * 0.1875= 4,403.37 $61,452.04 $18,547.96

8 $18,547.96 18,547.96 * 0.1875 = $3,477.74 $80,000 $0

$3,477.74 + 15,070.22= $18,574.96

Depreciation for the last year was not sufficient to take the truck to $0 so the remainder will be depreciated in that year so that it may be completely depreciated.

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4 years ago

Alex was sent to Beijing to help local managers solve the problem of growing worker dissatisfaction at their manufacturing facil

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" There is an unequal distribution of power in the company " best explains this situation

Explanation:

Inequity is the almost inevitable result of two strong forces:

human bias and socioeconomic injustice.

One may debate whether or not power imbalances and other social inequalities induce bias.

(Even though the notion of a single variable approach to these debates encourages most of us, the truth is more complex; each one strengthens the other and this always results in a chicken and egg debate.)

Unfairness and discrimination can also be found interchangeably with everyday terminology.

I presumption a difference here: the definition of the word 'inequality' and the control of the expression 'inequity.' Inequality contributes to the allocation of such products, some of which earn more than others. Inequity stretches into this: not just unequal allocation; disproportionate and unjust allocation.

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3 years ago

Advice entrepreneurs on the advantages of a public company

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2 years ago

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