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
DanielleElmas [232]
3 years ago
5

Deadweight loss is the a. decline in government revenue when taxes are reduced in a market. b. decline in consumer surplus when

a tax is placed on buyers. c. loss of profits to business firms when a tax is imposed. d. decline in total surplus that results from a tax.
Business
2 answers:
MA_775_DIABLO [31]3 years ago
8 0

Answer:

Decline in total surplus that results from a tax.

Explanation:

Deadweight loss can be defined as the loss of total welfare which could be as a result taxation. Taxes create deadweight by stopping potential buyers from purchasing a product due to a high price.

Taxes can lead to a decline in the value of transactions that occur between both the buyers and sellers.

Deadweight loss takes place when there is no balance between supply and demand, this may eventually lead to disorganization of the market.

Marat540 [252]3 years ago
3 0

Answer:

D, decline in total surplus that results from a tax.

Explanation:

Dead-weight loss is also known as excess burden. It is a situation where in there is a loss of economic sufficiency as a result of tax.

This economic sufficiency is when the supply of goods and services aren't met. That is, there is no market equilibrium between demand and supply. Taxes, subsidies, price rise or fall can be the reason for dead-weight loss as it causes the imbalance of demand and supply of goods or services to the consumers through price manipulations.

To calculate dead-weight loss, change in price as well as change in quantity demanded are important factors to consider.

Cheers.

You might be interested in
Rob, Bill, and Steve form Big Company. Rob performs $45,000 of services for his 45 shares of the company. Bill transferred prope
Mandarinka [93]

Answer:

Rob and Bill.

Explanation:

6 0
3 years ago
During her day, Tiara often works on about eight different cars fixing any problems and making suggestions to customers about ho
umka2103 [35]

Answer:

Maintenance, Installation, and Repair

Explanation:

Heres some evedence to proove:

During her day, Tiara often works on about eight different cars fixing any problems and making suggestions to customers about how to keep their cars in working condition. She manipulates numbers throughout the day to get her customers the best price possible. Based on her tasks, which most likely is her career?

^O^

8 0
2 years ago
Read 2 more answers
Under _________dividend reinvestment plan, the company gives any cash dividends that investors would have received in a bank, wh
ankoles [38]

Answer:

Old Stock

Explanation:

The Dividend Reinvestment Plan is a platform where investors or shareholders in a company, reinvest the dividends they gained into more shares sold by the same company, most times without having to pay commissions.

Under the <em>Old stock dividend reinvestment plan, </em>an outside trustee, that is, a member of the board who is not an officer in the company, repurchases the company's existing shares in the stock market and then allocates the shares purchased among the stockholders. They sell the shares at market price. Most times, in order to encourage shareholders participation the company making the repurchase takes care of the commission fees.

8 0
2 years ago
Which of the following would make it easier to maintain an effective collusive agreement in a cartel?
GalinKa [24]

Answer:

A decrease in the elasticity of demand for the cartel's product.

Explanation:

The cartel is under the control of companies operating in the same area. This is undesirable. It is concluded between businesses and these contracts prevent competition. Such arrangements are also prevented by governments, which aims to promote competition among governments across the country. This type of arrangement creates unity and demonstrates business behavior in activities that prevent other competitors from entering the sector.

Adverse effects on consumers include:

1) Higher prices - cartel members can raise prices, which reduces the demand elasticity of any member.

2)  Lack of Transparency - Members may agree to hide prices or hide information such as hidden charges in credit card transactions.

3) Limited production - Members may agree to limit market production, such as OPEC and oil quotas.

4) Build Market - Cartel members can collectively divide a market into regions or regions and not compete in each other's territory.

4 0
3 years ago
Which of the following statements regarding budgets is true? a. Budgets are detailed forward-looking financial reports based on
Shkiper50 [21]

Answer:

a. Budgets are detailed forward-looking financial reports based on expected income and expenses.

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.

The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.

The final step by the management of an organization in the financial decision making process is making necessary adjustments to the budget.

The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.

It is typically used by various organizations or companies due to the fact that, it's tied directly to the strategy and tactics of a company on an annual basis. Also, it is used to set a budget for marketing efforts while anticipating on informations about the company.

3 0
2 years ago
Other questions:
  • Identify all of the correct statements:
    7·1 answer
  • A large increase in the income level in the U.S. along with no growth in Mexico’s income level is normally expected to cause (as
    11·1 answer
  • Suppose that the United States decided to subsidize a major competitive effort by the semiconductor industry to bring to market
    9·1 answer
  • Marketers must see themselves as benefit providers. For example, when a shopper purchases new shoes, he or she expects the shoes
    9·1 answer
  • A parcel delivery company delivered 103,500 packages last year, when its average employment was 86 drivers. This year the firm h
    8·1 answer
  • Sondra thinks the new business contract she signed with her business partner is valid. Both parties are legally competent, the c
    10·1 answer
  • The traditional economic framework assumes that people make rational economic decisions, that is, that they act in ways that max
    13·1 answer
  • What is the yield to maturity (rounded to the nearest whole percent) of a 20 year, $100 par value bond, that pays a 10% coupon s
    6·1 answer
  • 4. Which of the following would most likely produce the best rate of return on your investment?
    15·2 answers
  • Suppose the own price elasticity of demand for good X is -3, its income elasticity is -2, its advertising elasticity is 4, and t
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!