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ser-zykov [4K]
1 year ago
10

What is the amount of government revenue after the government imposes the excise tax on the market?

Business
1 answer:
posledela1 year ago
6 0

In a market where the demand curve is totally inelastic, if the government imposes an excise tax, the tax burden will entirely rest on the consumer and the deadweight loss will be equal to zero.

Information on excise tax

An excise tax is a controlled tax on certain goods or services, such as alcohol, cigarettes, and gasoline. Corporations are the main payers of excise taxes. Many of them are supported by commercial entities, who then charge consumers extra as a result.

Excise taxes are national taxes applied within a government infrastructure, as opposed to being imposed internationally across national borders.

Here are additional details regarding excise tax:

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Countries around the world specialize production, and trade with other countries based upon
damaskus [11]

Answer:

Comparative advantage

Explanation:

The basic method to choose a country to trade with is to have a comparative advantage in products. When a country has a comparative advantage it helps to attain certain goods which are not produced domestically, and to export goods which are not produced in the other country. A comparative advantage helps to export goods and services at lower prices and better quality to attain the maximum market share in the exporting country.

8 0
3 years ago
The main focus behind why Equal Exchange is in business is to help out the small farmers and be fair to their needs. This is exe
lilavasa [31]

Answer:

A) Product Market Stakeholders

Explanation:

Product Market Shareholders are the parties who the firm "Equal Exchange" shares its industry with including customers and suppliers

Equal Exchange's target group are customers and suppliers most importantly.

4 0
3 years ago
Classify each of these transactions by type of cash flow activity (operating, investing, or financing). (Hint: Refer to Illustra
Luba_88 [7]

Answer:

1 - Financing activity

2- Operating activity

3- Financing activity

4- Investing activity

5- Investing activity

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the long term assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

So the categorization is shown below:

1. Issued $160,000 of bonds payable - cash flow from financing activity

2. Paid utilities expense - cash flow from operating activity

3. Issued 500 shares of preferred stock for $45,000 - cash flow from financing activity

4. Sold land and a building for $250,000 - cash flow from investing activity

5. Loaned $30,000 to Dead End Corporation, receiving Dead End’s 1-year, 12% note. - cash flow from investing activity

8 0
3 years ago
A coupon bond that pays interest of 4% annually has a par value of $1,000, matures in 5 years, and is selling today at $785. The
jarptica [38.1K]

Answer:

Actual Yiel to maturity is 9.3%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Face value = F = $1,000

Coupon payment = $1,000 x 4% = $40

Selling price = P = $785

Number of payment = n = 5 years

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = [ $40 + ( $1,000 - $785 ) / 5 ] / [ ( 1,000 + $785 ) / 2 ]

Yield to maturity = [ $40 + $43 ] / $892.5  = $83 /$892.5 = 0.0645 = 0.093%

3 0
3 years ago
Give the meaning and important aspects of the process of globalisation.​
kherson [118]

Answer:

Globalization by definition is that process that the business or n organisation begins to operate on an international standards.It involves interactions amongst individuals , institution and even the government.

There are 4 basic aspects of globalization

1.Dissemination of knowledge.

2.Migration and movement

3.Capital and investment movement

4.Trade and transctions.

Explanation:

1.in the first point , we view globlisation as a measure in the changes of the human heritage by the aspect of knowledge.people's world wide ideologies are disseminated by varoious means far and wide, in the whole world.

2.Globalization has caised movement, through migrationa socioeconomic as well as the political relations is created along the borders.Movement has caused people to be more difficult to controlband also people have been dislocated.

3.These terms are commonly used to describe the economy .capitalism is the private ownership as opposed to ownership by the government.

4.Trade and teansactions has caused tremendous improvements across the globe, in a way, it has led creating jobs, increaeing thw workers salaries amongst other factors .conversely , trade transactions has caused social disruptions and as a result number of businesses are lost.

6 0
3 years ago
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