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arlik [135]
3 years ago
15

What is considered sin tax?

Business
1 answer:
gayaneshka [121]3 years ago
7 0

Definition:

Tax imposed by the government on the things which are harmful for the human health is termed as Sin Tax. For example, Tobacco products, drugs, cola drinks, gambling, fast food items etc.

Why it is mainly imposed:

It is imposed to increase the prices of the above given harmful products which consequently, might can be helpful in decreasing their consumption.

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Joan grows pumpkins. If Joan plants no seeds on her farm, she gets no harvest. If she plants 1 bag of seeds, she gets 500 pumpki
valkas [14]

Answer: Option (B) is correct.

Explanation:

Correct option: Decreasing marginal product.

Marginal product is the change in the level of output, when there will be an extra input employed in the production of a certain commodity.

So, Marginal Product = \frac{change\ in\ Q}{Change\ in\ I}

Where,

Q = Output

I = Input

Marginal product of 1st bag = 500

Marginal product of 2nd bag =  \frac{800-500}{2-1} = 300

Marginal product of 3rd bag =  \frac{900-800}{3-2} = 100

∴ From the above calculations, we can seen that as we employed one more bag of seeds as a result marginal product goes on diminishing.

Hence, Joan's production function exhibits decreasing marginal product.

3 0
3 years ago
Which filter can be used to find a specific project when in the work area?
ANEK [815]

The filter that can be used to find a specific project when in the work area is: Project name.

<h3>Project Filter</h3>

When looking or searching for a particular project  that meet your requirement  in a work area, in order to find the project the best thing to do is to include the following filter as it will enables you to find the project you are looking for;

  • Project name
  • Due date
  • Template name
  • Team member

Therefore the filter that can be used to find a specific project when in the work area is: Project name.

Learn more about project filter  here:brainly.com/question/23643337

#SPJ11

6 0
1 year ago
If sales volume increases and all other factors remain constant, then the:______.
Montano1993 [528]

If sales volume increases and all other factors remain constant, then the Margin of safety will increase

Explanation:

The margin for safety (MOS) is described as an overall excess of current or expected revenue, expressed either in terms of currency or in units, or as a percentage of total revenues.

One of the main ways to increase the safety margin is through increasing the gross value per unit (if business conditions are favourable) and by reducing the variable cost per unit of the good. This can be accomplished by rising selling costs.

6 0
3 years ago
Sarah owns and operates a retail sporting goods business as a sole proprietor. Her store is located on the ground floor of a two
Soloha48 [4]

Answer:

A. $70,000

Explanation:

From the information given, we discover that

Gross profit from sporting goods business = $100,000

Subtract: other Expenses = 11500

Subtract: Building depreciation expenses (10000 × 55%) = 5500

Subtract: Mortgage Interest (10000 × 55%) = 5500

Subtract: Depreciation on vehicle used for business = 3000

Less: Utilities for Ground Floor = 4500

Net Self employment Income = $70,000

Note that 55% is used for ground floor, it is calculated as 100 - 45% used by tenant, therefore, for business purpose 55% will be taken.

7 0
2 years ago
Read 2 more answers
What earns interest and allows unlimited ATM use
Vesna [10]
Interest-bearing checking account.
3 0
2 years ago
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