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Verizon [17]
3 years ago
10

The market for tennis shoes is in equilibrium. If the government increases business taxes, then we would expect to see a(n) incr

ease in supply. increase in quantity supplied. decrease in supply. decrease in quantity supplied. shortage in the market.
Business
1 answer:
Alinara [238K]3 years ago
6 0

Answer:

The market for tennis shoes is in equilibrium. If the government increases business taxes, then we would expect to see a decrease in supply.

Explanation:

When a market is in equilibrium, a situation occurs in which the quantity demanded and the quantity supplied are the same, with which there is neither a surplus nor a shortage in supply and demand.

Now, in the event of an increase in taxes that would increase the cost of production and the final price of the product, the quantity supplied will tend to decrease, since a smaller quantity of products will be produced for the same amount. Likewise, the final price will tend to rise, with which demand will also fall, finding a new equilibrium point.

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Harry owes the bank money. To repay his debt, he paid \$150$150dollar sign, 150 back to the bank each month. After 101010 months
Firdavs [7]

Answer: $8,400

Explanation:

Given the following:

Amount repaid each month = $150

Number of Periods for which amount was paid = 10 months

Amount left after 10 months payment = $6900

Harry's original debt=?

The total amount paid = $150 × 10 = $1500

Amount left = $6900

Total debt amount:

(Total Amount left + total amount paid )

$(6900 + 1500)

=$8400

7 0
3 years ago
Help please!!!!! Identify and explain 2 ways in which the country became more democratic in the 1820s​
egoroff_w [7]

Spoils system and nominating conventions

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8 0
4 years ago
Accounts receivable in an existing business:
Artemon [7]

Answer:

The correct answer is letter "A": are rarely worth their face value.

Explanation:

Accounts receivables are notes issued to customers after selling them a product or rendering services on credit. The repayment term may vary from 30, 60 or 90 days. If an account receivable is not paid after that period it could be considered as an uncollectible account which implies the company will incur losses.

<em>Accounts receivable are hardly ever accepted at face value (real value of the moment of the purchase) because companies add the interest rate that is to be charged for the sale on the account.</em>

4 0
3 years ago
If your co-worker sends you $30 each week via Cash App for lunch and you transfer it to your bank account instantly (1.5% fee),
EleoNora [17]

Answer:

$23.4

Explanation:

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=1.5 % of $30

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7 0
3 years ago
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sleet_krkn [62]

Answer:

Cultural Racism

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6 0
3 years ago
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