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
horsena [70]
3 years ago
5

Why is a sales tax a regressive tax?

Business
1 answer:
nadezda [96]3 years ago
5 0
Because people who are earning a low income still have to pay the same amount as people who are recieving a high income
You might be interested in
Prior to any trip it is important to do all of these except:
ivanzaharov [21]
<span>Checking the upholstery is not one of the important pre-trip tasks. This is not something that will affect anything other than the passenger comfort during the trip. Making sure that one has enough gas and other fluids in the car is much more important to the overall trip.</span>
8 0
3 years ago
Assume $1,000 is deposited in a checkable account by mr. y in bank
otez555 [7]
Hi there

1,000÷0.20
=5,000

5,000−1,000
=4,000....Answer (this is the total amount of money can be created)

Hope it helps
4 0
3 years ago
Which of the following would cause prices to drop? A. Increased production by business B. Increased taxes on business C. Higher
Ugo [173]
It would actually be an increased production by the business.

Haha, I had to think for a tiny bit and re-check my answer to make sure it was right before giving it. Would hate to see you get it wrong. 
8 0
3 years ago
Read 2 more answers
Andrea Apple opened Apple Photography, Inc. on January 1 of the current year. During January, the following transactions occurre
nalin [4]

Answer:

Apple Photography, Inc.

Based on this information, the balance in the cash account at the end of January would be:_____.

b) $12,115.

Explanation:

a) Cash Account

Common Stock   $13,600

Insurance              (2,200)

Service Revenue   5,800)

Rent                       (1,600)

Office equipment (3,200)

Utilities                     (285)

Balance                $12,115

b) Apple Photography, Inc had a balance in the cash account at the end of January of $12,115 which was the difference between the cash inflows and cash outflows during the month.  The inflows represented cash received by Apple Photography  from the owners and customers and the cash paid for running the business.

6 0
3 years ago
Identify which of the following would generate an increase in the market demand for tablet devices, which are a normal good.
seraphim [82]

Answer:

The correct answer is letter "D": An increase in the number of consumers in the market for tablet devices.

Explanation:

Several factors can make the quantity demanded of a product increase. Mainly, <em>when the price of that good or service decreases the quantity demanded increases</em> (demand theory). However, there are some other factors such as the increase of the same product consumers in the market, who will directly ask for the good or service.

6 0
2 years ago
Other questions:
  • A market in which firms can enter and leave so easily that firms in the market face competition from potential entrants is a​ __
    13·1 answer
  • In marketing, an organization refers to
    12·1 answer
  • When a manager assigns someone to work one-on-one with a new employee and show the new employee how the work is done, the traini
    10·1 answer
  • In the demonstration, 360∘ of rotation (one full rotation) represents a sidereal day. You can actually measure the length of the
    10·1 answer
  • Those dealing with appliance
    12·1 answer
  • Geithner LLC patented a process it developed in the current year. The patent is expected to create benefits for Geithner over a
    9·1 answer
  • You want to take out a $125,000 mortgage. The interest rate on the mortgage is 5%, and the loan is for 30 years. How much will y
    7·1 answer
  • WHAT ARE MANAGED SERVICE OPERATIONS?​
    13·2 answers
  • Tonya, who lives in California, inherited a $100,000 State of California bond in 2020. Her marginal Federal tax rate is 35%, and
    5·1 answer
  • concord corporation purchased a new machine on may 1, 2012 for $559200. at the time of acquisition, the machine was estimated to
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!