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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
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A business becoming incorporated is an example of risk ____.
Scilla [17]

<span>A business becoming incorporated is an example of risk management.</span>

When a business becomes incorporated it is trying to protect the assets of the company. By assessing and making a risk management decision to become incorporated they are protecting themselves and the company as a whole. 

5 0
3 years ago
If their gross income exceeds $600,
nataly862011 [7]

If Estates are required to file income tax returns if their gross income exceeds $600 and all corporations must file regardless of income. This is called <u> Tax filing requirements.</u>

<u />

<h3>What is Tax filing requirements?</h3>

Tax filing requirements can be defined as the requirement a person or a tax payer  is expected to meet or abide by while filing for tax return.

Tax payer must always check tax filing requirement in order to know whether they meet the requirement before filling for a tax return.

Therefore  this is called <u> Tax filing requirements.</u>

The complete question is:

Estates are required to file income tax returns if their gross income exceeds $600. All corporations must file regardless of income.

Learn more about Tax filing requirements here:brainly.com/question/14748046

#SPJ1

7 0
2 years ago
The effect of an increase in the price level on the aggregate-demand curve is represented by a a. shift to the right of the aggr
Lunna [17]

Answer:

C. Movement to the left along a given aggregate demand curve

Explanation:

Demand is the quantity of a good or service consumers are willing to buy at a given price over a given period of time. Price and demand tend to have a negative relationship. As price of a product increases, demand decreases as it is now more expensive and less affordable. On the other hand, when price decreases, demand increases as it is now cheaper than before.

To answer the question, as the price of a product increases, the quantity demanded falls, hence causing the leftward movement along the demand curve. A fall in price on the other hand, will cause a rightward movement along the demand curve.

Any other factor other than price such as a change in population, availability of substitutes and price of complementary products can cause a shift in the demand curve. If the factor is favorable, it causes a right-hand shift and if it is unfavorable, it causes a left-hand shift.

3 0
4 years ago
Domestic producers of manufactured goods often base their demand for import protection on the fact that workers in Indonesia, fo
Vilka [71]

Answer:

No, it is not a valid argument for import protection

Explanation:

There are several arguments that are waged in favor of protectionism. One of the most common, that is seen in this question, in the unfair competition argument, in which domestic producers argue that producers from abroad pay unfair wages, or engage in dumping, or do not pay enough for raw materials.

The fact is, what is a substandard wage in the United States, is probably an average, or even higher-than-average wage in Indonesia, because wages are determined by the market conditions in each country. Indonesia, as a low-income country, has wages on average well below the average wage in the United States, a high-income country.

Therefore, domestic producers do not have any valid reason to demand import protection because Indonesian producers pay substantially lower wages than them. These are economic realities given by market conditions.

3 0
4 years ago
Copper and nickel electroless plating processes are under consideration for printed circuit boards. The copper process has fixed
aleksley [76]

Answer:

see explanation

Explanation:

The question has missing sales price information, however explanations are provided below

Break even point is the level at which a company makes neither a profit nor a loss.

Break even point (units) = Fixed Costs ÷ Contribution per unit

Step 1 :

Find Contribution per unit of each process and add the unit contributions to find the total unit contribution

Contribution = Sales - Variable Costs

Step 2

Find the Total Fixed Costs for both the  copper process and nickel process.

Step 3

Determine the sales mix for copper process and nickel process

Step 4

Calculate the Break even units for the 2 processes combined. After that multiply the respective mixes to the break even point

7 0
3 years ago
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