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
Ksivusya [100]
3 years ago
12

How do the taxes that are levied on goods and services affect market prices and​ quantities?

Business
1 answer:
storchak [24]3 years ago
6 0
The taxes that are levied on goods and services affect the market prices and quantities in a way that they increase the prices making the quanities bought to be either few or many depending on the tax increase. The consumers will likely bought goods or services that will not cost them much and having to provide tax that is high will effect the demand of the goods.
You might be interested in
Tyler Holdlong owns a small retail property that he inherited from his father. There are no mortgages or interest expenses conne
boyakko [2]
I think it’s b good luck
4 0
3 years ago
The institution-based view driving alliances and acquisitions focuses on _____ concerns.
Georgia [21]

Answer: (A) Antitrust

Explanation:

Antitrust is one of the type of law that basically monitor the economical power distribution in terms of business.

It is basically refers to the competitive law which is developed by the united state government for protecting the consumers from the various types of business practices.

It mainly ensure that the fairness in the competition in the market. Antitrust concerns are mainly focus on the institutional acquisitions and the alliances.

Therefore, Option (A) is correct.

7 0
3 years ago
Suppose that a small town has seven burger shops whose respective shares of the local hamburger market are (as percentages of al
kow [346]

Answer:

a. Four-firm concentration ratio is the total sales percentage of the top 4 burger shops in the industry;

= 25% + 24% + 18% + 12%

= 79%

b. Herfindahl index is the sum of the squares of the percentage sales of all the shops in the industry;

= 25² + 24² + 18² + 12² + 11² + 6² + 4²

= ‭1,842‬

c. Top 3 shops combine to form one shop.

= 25 + 24 + 18

= 67%

Four-firm ratio = 67% + 12% + 11% + 6%

= 96%

‭Herfindahl index = 67² + 12² + 11² + 6² + 4²

= ‭4,806‬

8 0
3 years ago
Kotter studied a number of successful general managers over a five-year period and found that they spend most of their time by t
il63 [147K]

The correct answer is false.

It is false that Kotter studied a number of successful general managers over a five-year period and found that they spend most of their time by themselves drawing up plans or worrying about important decisions

Philip Kottler has been considered to be a guru in management and marketing. He has spent many hours, days, and tears studying management styles, functions, and leadership in a considerable number of organizations and has realized the most important characteristics of a top management leader and modern marketing techniques in corporations.

His reconditions, written in some important and renowned books have become a "must-have" guide for modern leaders in the corporate world.

4 0
3 years ago
Answer the following questions about prepaid​ expenses:
pochemuha

Answer:

the numbers are missing, so I looked for a similar question:

a. On ​1, Tree Service prepaid $7,200 for six​ months' rent. Give the adjusting entry to record rent expense at Include the date of the entry and an explanation. Then post all amounts to the two accounts​ involved, and show their balances at adjusts the accounts only at ​31, the end of its fiscal year.

Dr Rent expense 1,200 (= $7,200 / 6)

    Cr Prepaid rent 1,200

Balances:

Prepaid rent 6,000

Rent expense 1,200

b. On ​1, Tree Service paid $1,050 for supplies. At ​31, has $400 of supplies on hand. Make the required journal entry at 31. Then post all amounts to the accounts and show their balances at 31. Assume no beginning balance in supplies.

Dr Supplies expense 650 (= $1,050 - $400)

    Cr Supplies 650

Balances:

Supplies 400

Supplies expense 650

c. On ​1, Tree Service prepaid for six​ months' rent. Give the adjusting entry to record rent expense at Include the date of the entry and an explanation. Then post all amounts to the two accounts​ involved, and show their balances at adjusts the accounts only at ​31, the end of its fiscal year. Prepare the adjusting journal entry to record the rent expense at 31.

SAME AS QUESTION A

6 0
4 years ago
Other questions:
  • Kelsey Gunn is the only employee of Arsenault Company. His pay rate is $23.00 per hour with an overtime rate of 1½ times for hou
    8·1 answer
  • you sell 300 laptops per week at $690 per laptop. You sell 432 tablets per week at $590 per tablet. Which generates more dollars
    10·2 answers
  • The tax treatment of corporate distributions at the shareholder level does not depend on: the character of the property being di
    14·1 answer
  • Manson Industries incurs unit costs of $7 ($5 variable and $2 fixed) in making an assembly part for its finished product. A supp
    15·1 answer
  • The average cost of employee benefits is about ____ percent of total compensation.
    14·1 answer
  • Glasgow Enterprises started the period with 85 units in beginning inventory that cost $2.60 each. During the period, the company
    5·1 answer
  • Your neighbor offers you an investment opportunity, which will pay a single lump sum of S2,000 five years from today. The invest
    9·1 answer
  • Uniontown Books began operating in 2011. The company lost money its first three years of operations, but has had an operating pr
    5·1 answer
  • Normal profit is the return to the entrepreneur when economic profits are zero. determined by subtracting implicit costs from to
    14·1 answer
  • According to most economists, every society has to answer three basic questions. Can you guess what they are? list 3 possible qu
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!