1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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:

brainly.com/question/3853375

#SPJ4

You might be interested in
The operating ratio for a PC insurer equals _________. A. loss ratio plus the ratios of loss adjustment expenses to premiums ear
FinnZ [79.3K]

Answer:

. E. combined ratio after dividends minus the investment yield

Explanation:

The operating ratio for a PC insurer

can be regarded as the comparison of total expenses of a company compared to net sales generated or the generated revenue. The operating ratio gives the measurement of a overall operational profitability of a firm from both underwriting as well as investment activities. It can be calculated by finding the ratio of

(property's operating expense after substraction of depreciation) and ( the gross operating income). It should be noted that The operating ratio for a PC insurer equals combined ratio after dividends minus the investment yield.

8 0
3 years ago
The price of bread goes up. What happens to DEMAND for butter?
nikklg [1K]

Answer:

A. The demand curve shifts to the left

Explanation:

Bread and butter are compliment goods. They offer the consumer a high utility when consumed together. An increase in demand for bread will increase the demand for butter.  Changes in the price of bread will affect the demand for butter.

An increase in the price of bread leads to a decrease in demand. Reduction in bread demand means that butter consumption will decline as there will be less bread to apply butter. A decrease in demand will prompt the demand curve to shift inwards.

3 0
3 years ago
Suppose you sell a fixed asset for $99,000 when its book value is $75,000. if your company's marginal tax rate is 39 percent, wh
strojnjashka [21]

Determining Depreciation Recapture.

Sale Value = $99,000

Less: Adjusted basis(book value) = ($75,000)

Depreciation recapture = $24,000

So Depreciation recapture = $24,000

The marginal tax rate is the amount of additional tax paid for each additional dollar earned in income. The average tax rate is the total tax paid divided by total income. A marginal tax rate of 10% means that 10 cents from the next dollar you earn will be tax deductible.

In taxation, a tax rate is a rate at which a company or individual is taxed. There are several ways to express tax rates, including statutory, average, marginal, and effective. These tax rates can also be presented using different definitions (inclusive and exclusive) that apply to the tax base.

Learn more about marginal tax here

brainly.com/question/14145043

#SPJ4

3 0
2 years ago
Generally, the most effective way to use texture when decorating a room is by
vichka [17]
C. selecting one texture only for use throughout the room.

Generally, the most effective way to use texture when decorating a room is by <span>electing one texture only for use throughout the room. This allows having a coherence in the room, pleasing the eyes and in general having a nice esthetic view of the room.</span>
7 0
3 years ago
Read 2 more answers
St. Jude Medical makes cardiovascular medical devices, including the world's most widely used mechanical heart valve. Its produc
DIA [1.3K]

Answer:

Advantage in competition. ( competitive advantage)

Explanation: Whenever a hospital is more equipped or fully equipped with tools, machines, and any other factor that favors the saving of lives, that hospital will mostly have the upper hand in competition against it's rivals. It is safe to say a heart patient who is facing a life threatening situation would rather be taken to such a hospital for quick response to save their lives. A hospital less equipped with these kind of machines , especially those needed in critical moments like defibrillating someone who is experiencing cardiac arrest, will less likely be a first choice to treating patients of these nature. In critical moments like these a hospital better equipped will always be the first choice, disregarding other factors like cost. Now distance could be critical, but again, almost always if the distance is not too long then the better equipped gets the patients.

8 0
3 years ago
Read 2 more answers
Other questions:
  • According to the video, did the Federal Reserve pursue
    10·2 answers
  • A construction company entered into a fixed-price contract to build an office building for $32 million. Construction costs incur
    6·1 answer
  • The following expenditures are made during the current year: January 1, $30,000; July 1, $290,000; September 1, $800,000; and De
    10·1 answer
  • Vulcan Materials stock price soared in the days following the election of President Trump. Vulcan's products, such as asphalt an
    5·1 answer
  • The costs of lead contamination have been estimated to be $1 billion for medical care of those sickened by lead, plumbing repair
    15·1 answer
  • Explain one disadvantage to an established business of using segmentation?? Please answer urgent!!
    13·1 answer
  • What is the importance of training in profession?​
    15·1 answer
  • Helpppppppppppppppppp will give brainliest.
    15·1 answer
  • When a country imposes tariffs, it is likely to cause
    9·2 answers
  • What was the major financial change between post ww2 borrowers and borrowers after 1970.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!