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]
4 years ago
5

Why is a sales tax a regressive tax?

Business
1 answer:
nadezda [96]4 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
Briefly describe an experiment that would test the premack differential probability principle
amm1812
An experiment that could test the Premack differential probability rule is as per the following; the kids are given two reaction choices, one for playing pinball machine and another for eating confection and these practices are evaluated to figured out which is more plausible for every kid. A portion of the youngsters who discovered to favor one movement. In the second period of the trial, the testing of the youngsters was directed with one oF the two systems. In the primary strategy, eating was a fortifying reaction while playing pinball was the instrumental reaction implying that the youngsters played pinball keeping in mind the end goal to eat the confection.
6 0
3 years ago
Bade Midwifery's cost formula for its wages and salaries is $1,420 per month plus $246 per birth. For the month of October, the
saul85 [17]

Answer:

activity variance =  $984 F

Explanation:

given data

wages and salaries = $1,420 per month

per birth = $246

planned for activity = 107  births

actual level of activity = 103 births

actual wages and salaries = $27,795

to find out

activity variance for wages and salaries

solution

we know wages and salaries cost for October is

wages and salaries Planning budget  = 1420 + ( 107 × 246 )

wages and salaries Planning budget = $27742

and

Wages and salaries  Flexible budget = 1420 + ( 103 × 246 )

Wages and salaries  Flexible budget = $26758

so

activity variance = $27742 - $26758

activity variance =  $984 F

4 0
3 years ago
Suppose you are committed to owning a $215,000 ferrari. if you believe your mutual fund can achieve an annual return of 10.8 per
Pie

Answer: I must invest <u>$85424.14</u> today in order to buy a Ferrari nine years from now on the day I turn 30.

We have

Price of the Ferrari nine years from now (Future Value - FV)    $215000

Expected Rate of return on the mutual fund (r)    10.8%

Time until I turn 30  (n)   9 years

We can calculate the Present Value (PV) or the money to be invested today as

\mathbf{PV = \frac{FV}{(1+n)^{n}}}

PV = \frac{215000}{(1+0.108)^{9}}

\mathbf{PV = 85424.14022}

6 0
3 years ago
a benefit in receiving a higher education that comes from outside of yourself such as greater job opportunities would be called
Paul [167]

Answer:

Motivational benefit

Explanation:

Remember, anything that brings you a certain level of push towards an expected end is a motivation. For example, having greater job opportunities sets one apart from others, which may lead to a better standard of living which creates a motivational benefit

Thus, we notice may notice many parents encouraging/motivating higher education for their children because of the perceived benefits they believe in so much.

5 0
3 years ago
Chmelar Manufacturing Company developed the following data: Beginning work in process inventory $ 80,000 Direct materials used 4
Jet001 [13]

Answer:

b. $1,260,000

Explanation:

The computation of the total manufacturing cost is shown below:

= Cost of goods manufactured + ending work in process - beginning work in progress

= $1,280,000 + $60,000 - $80,000

= $1,260,000

We simply add the ending work in progress and deduct the beginning work in progress to the cost of goods manufactured so that the accurate amount can come

7 0
4 years ago
Other questions:
  • Which of the following statements about market share is true?
    10·1 answer
  • TRUE OR FALSE FOR BRAINLIEST ANSWER A covenant not to sue is a contractual provision in which one party promises not to sue the
    12·2 answers
  • Assume there is a decrease in the market demand for a good sold by price-taking firms that are initially producing the profit-ma
    5·1 answer
  • When a firm has flotation costs equal to 6.8 percent of the funding need, project analysts should:?
    15·1 answer
  • Confusion Corp is expected to pay a dividend of $2 in the upcoming year. The risk-free rate of return is 4%, and the expected re
    7·1 answer
  • True or false one of the advantages of a home equity loan is that you can borrow money anytime up to the approved amount
    11·1 answer
  • Which scenario below is an example of complementary products, based on their cross-price elasticity?A. Bananas and lettuce, with
    11·1 answer
  • Alford Hardware had a profit margin of 12.7% and return on assets of 10.8% in 2022. What was their asset turnover?
    7·1 answer
  • When deciding on an office layout, a business or organization has to consider all of the following except:
    5·1 answer
  • When the supply of credit is fixed, an increase in the price level stimulates the demand for credit, which, in turn, reduces con
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!