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3 years ago

Describe how taxes can be used to affect people's behavior

1 answer:

7 0

In Australia, the government has decided that it is cheaper to stop people smoking than to treat their smoking-related illnesses and deal with lost productivity, etc. So the government has put astronomical taxes on cigarettes, to deter people from smoking, while a the same time refusing to pay for smoking-related illness treatments.

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Timmy's income is $500 per week. At a price of $1 per mango, Timmy buys 4 mangoes. Timmy's income increases to $560 per week and

sertanlavr [38]

Answer:

income elasticity of demand for mangoes = 3.53

Explanation:

given data

income is $500 per week

mango price = $1

buys = 4 mangoes

income increases = $560 per week

mangoes increases = 6

solution

we get here income elasticity of demand for mangoes that is express as

income elasticity of demand for mangoes = $\frac{\frac{6-4}{(6+4)/2} }{\frac{560-500}{(560+500)/2} }$

income elasticity of demand for mangoes = 3.53

5 0

3 years ago

A company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February 9, 20

poizon [28]

Answer:

The transaction recorded are shown in the below table.

Explanation:

According to the scenario, the following transaction according to the perpetual system can be recorded as follows :

Date Particulars Debit Credit

Feb.9 Purchase Inventory $54,000

Accounts payable $54,000

Mar.7 Accounts Receivable $74,000

Sales inventory $74,000

Mar.7 Cost of goods sold $54,000

Inventory $54,000

6 0

3 years ago

Currently, in the United States, the greates volume of goods and services are shipped by

Lerok [7]

Currently, in the United States, the greatest volume of goods and services are shipped by rail.

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4 years ago

How will the organization obtain cash to operate concession stands and provide

ankoles [38]

Answer:

Take inventory of all existing equipment and supplies. ...

Step out of the stand and view it from the outside. ...

Mentally walk through a transaction involving each type of menu item you sell. ...

Consider the customer's need for counter space.

Explanation:

Brainliest

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3 years ago

Please subscribe to this channel

Nikitich [7]

Explanation:

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3 years ago

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