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Tpy6a [65]
3 years ago
11

In a market without price controls, supply will eventually _____ demand. Then consumers will buy all the products that producers

supply. equal be greater than be less than
Business
2 answers:
SIZIF [17.4K]3 years ago
4 0
In a market without price controls, supply will eventually _____ demand. Then consumers will buy all the products that producers supply.
<span>The answer is - be less than
When there's no price control consumer can now buy anything they want and sooner the economy will supper the lack of supply.</span>
nydimaria [60]3 years ago
3 0

I believe the answer is: Be less than

.

Without price control, the sellers/producers tend to have the tendency to keep increasing the selling price of the product in order to maximize their profit. When this happen, the demand of that product would be decreased which resulted in over supply of the product.

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Mr. Curtis paid the following taxes: Federal income tax $ 72,250 Federal gift tax 361 Federal employer payroll tax for housekeep
tia_tia [17]

Answer:

Mr Curtis can deduct his total property taxes of $ 7,810.00  as well as the Indiana state income tax of $8,120.00 ,since this exceeds the Indiana state sales tax on consumer goods and services of $2,890.00 paid by Mr Curtis during the year.

Finally,the remaining are not deductible

Explanation:

In other words the following taxes are not deductible:

1.Federal income tax $72,250.00

2.Federal gift tax $361

3.The Federal payroll tax for housekeeper $1,301

4.Indiana sales tax on consumer goods and services$2,890

Lastly the property taxes deductible is computed thus:

Principal residence $3,980.00

Vacation home       $2,530.00

Two automobiles    $1,300.00

Total                         $ 7,810.00  

8 0
3 years ago
Should the government forgive existing loans?
irinina [24]

Answer:

yes they should get smart dunmmy stop cheating

Explanation

8 0
3 years ago
1-8 Dollar General Corporation operates deep-discount stores offering housewares, cleaning supplies, clothing, health and beauty
Temka [501]

Answer:

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8 0
3 years ago
A company receives a 10%, 120-day note for $1, 500. The total interest due on the maturity date is:______.a) $50,00. b) $150,00.
Leto [7]

Answer:a) --A -$50.00

Explanation:

Using days of year = 360 days

Interest due = Principal  x rate  x period

           = $1500 x 10% x 120/360

   = $50

The total interest due on the maturity date is:__$50.00___

6 0
3 years ago
David and lilly fernandez have determined their tax liability on their joint tax return to be $2,000. they have made prepayments
Volgvan
<span>Start with $2,000 in taxes owed subtract $775 for prepayments to get $1,225 in taxes still owed. Subtract another $2,000 for the child tax credit, resulting in a negative liability of $775. This equates a tax refund of $775.</span>
3 0
3 years ago
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