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kondaur [170]
3 years ago
7

Suppose the economy is currently in long-run equilibrium. The government has just decided to lower income taxes. The long-run im

pact of this policy will be:
Business
1 answer:
MariettaO [177]3 years ago
3 0

Answer:

Slower economic growth

Explanation:

Increasing tax rates can generally and obviously discourage

work because corporations will pay more,

savings, because people earn lesser disposable income,

investment, because firms have lesser profit by paying bigger taxes,

Although specific tax adjustments for certain income categories can assist with the reallocation of economic resources.

But in the long-run economic growth will be slowed down by tax cuts because it will increase deficits by lesser funds being generated for the government over time

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Pratte Boat Wash's cost formula for its cleaning equipment and supplies is $2,540 per month plus $45 per boat. For the month of
dusya [7]

Answer:

The activity variance for cleaning equipment and supplies in April would be closest to = -$225

Explanation:

Cost formula for cleaning equipment and supplies = $2,540 + $45 per boat

Since the actual level of activity is 11 boats the budgeted costs for 11 boats will be $2,540 + $45*11 = $3,035

Actual costs for the 11 boats = $3,260

Activity variance = Budgeted - Actual activity cost = $3,035 - $3,260

= -$225

Since the actual cost of activity is more than budgeted cost of activity, the activity variance is unfavorable and closest to -$225.

8 0
3 years ago
What are the five activities that business must perform to generate revenue and make a profit
jolli1 [7]

Answer:

manufacturing, correct pricing, marketing, sales and asking past customers for referrals.

Explanation:

Revenues are cash inflows that a business generates during its operations. main activities that make this possible starts from Manufacturing which involves converting raw materials to finished goods. Next activity is correct pricing which will determine if customers will be willing to buy your products or services , Marketing will ensure the existence, use and location of the product is known to the target market. Sales involves customers committing and buying the product. You can also ask customers for new referrals which when turned to successful leads, will generate more revenues.

7 0
3 years ago
Keeping a copy of an encryption key with a trusted third party is known as select one:
qaws [65]
Key management is the answer
6 0
3 years ago
You need to write a sales message for your company’s new line of exercise apparel. Before composing your message, which question
Alja [10]

Answer: The correct answers are:

- How and where is the apparel manufactured?

- What is the purpose of my message?

- How does the apparel’s durability compare to that of competitors’ products?

Explanation: For an effective sales message it is essential to use persuasion to get the message to the minds of potential customers, so these are some of the questions that should be asked before writing a sales message.

7 0
3 years ago
Tasha recently changed employers within the same industry. At her old company, employees routinely took home company pens, penci
kakasveta [241]

Answer:

The correct answer is corporate culture.

Explanation:

Corporate or organizational culture is, basically, the ideology of a company: the set of attitudes, habits, beliefs and behaviors of the human group that makes it up, the way they interact and the way they manage external business transactions.

It can be developed intentionally according to the direction in which the company moves in terms of style, priorities and values, or in a more organic way as a result of the sum of the characteristic features of its members and the nature of the interaction between them.

The culture of a company is reflected in its public image, its dress code, its business hours, its facilities, the benefits of its employees, its sales volume, hiring decisions, the treatment of customers and the degree of satisfaction of them and all other aspects of operations.

7 0
3 years ago
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