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3 years ago

Who pays the tax does depend on who writes the check to the government?

1 answer:

4 0

Who pays the tax does NOT depend on who write the check to the government.
Who pays the check ultimately depend on the elasticity of supply and demand. This is because, suppliers have several ways of passing the taxes levied on them by the government to the consumers in form of increase in price of their products. But this also depend on the elasticity of the products, because if the prices are too high, some customers may decide to buy somewhere else or to go for a substitute.<span />

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Suppose disposable income increases by $ 2,000 . As a result, consumption increases by $ 1,500 . Answer the questions based on t

timama [110]

Answer:

Increase in savings resulting directly from the given change in income

= increase in income - increase in consumption = $2000-$150 = $500

Marginal propensity to save = increase in savings/increase in income = 500/2000 = 0.25

Explanation:

3 0

2 years ago

A company's skills are functions—such as customer service and promotions—that the firm performs better than its competitors

Tasya [4]

Answer:

Here the given statement is true.

Explanation:

The given above statement is true , customer service and promotions are recognized as a company's skill set , which if a company would perform better than its competitors than it would be able to attract more customer base and even retain its target audience. Customer service skills are really important for every company as these skills helps in increasing its target consumers and retain them by addressing the customers redressal, fulfilling their needs and wants and improving their experience.

8 0

3 years ago

Read 2 more answers

Convertible bondsa. have priority over other indebtedness.b. are usually secured by a first or second mortgage.c. pay interest o

zmey [24]

Answer:

d. may be exchanged for equity securities.

Explanation:

Convertible bonds

It is a debt security , which is fixed and which yields the interest payments , but it can be converted to a predetermined number of the equity shares or common stock .

The bond to stock conversion can be done at a number of times during the life of the bond .

These bonds are mostly issued by the companies which have low credit ratings and have potential of higher growth .

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3 years ago

When choosing a career, you should review the to find out whether or not there will be a demand for this profession in the years

Bond [772]

This is a true fact, what is the question though?

7 0

2 years ago

Read 2 more answers

What is the present value of $2,025 per year, at a discount rate of 7 percent, if the first payment is received 6 years from now

Marysya12 [62]

Answer:

The correct answer is $20,369.65.

Explanation:

According to the scenario, the computation of the given data are as follows:

Payment (pmt) = $2,025

Discount rate ( rate) = 7%

Time period ( Nper) ( 6 -23 years) = 18 years

So, we can calculate the Present value by using financial calculator.

Attachment is attached below.

So, Present Value = $20,369.65

7 0

3 years ago