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fredd [130]
3 years ago
9

The laffer curve illustrates that, in some circumstances, the government can reduce a tax on a good and increase the

Business
1 answer:
never [62]3 years ago
8 0
Revenue that government receives. 
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What are the four instruments of exchange
kherson [118]

Answer:

BILL OF EXCHANGE. A payment method used in international trade that allows for a period of credit.

CHEQUE. A written instruction to a bank to transfer a certain sum to the account of the payee.

MONEY ORDER. ...

BANK DRAFT. ...

DEBIT CARD. ...

CREDIT CARD. ...

ELECTRONIC FUNDS TRANSFER. ...

DOCUMENTARY CREDIT.

4 0
2 years ago
Ceteris paribus, if the corn crop is 15 percent larger this year than it was last year, farmers will have to ________ the price
Yuki888 [10]

Answer:

Reduce and  more than 15 percent

Explanation:

As Inelastic Demand state that the percentage change in quantity demanded is less than the percentage change in price. Therefore, if the crop is 15 percent higher, farmers will have to reduce the cost of corn by 15 percent to sell the new crop. We know that supply and price share an inverse relationship to reduce sales as supply increases and new crops grow.

7 0
3 years ago
IBM manager Celia Moore coordinates IBM's long-standing "Reinventing Education" program that involves intensive research into ho
nirvana33 [79]

Answer: Triple bottom line

Explanation:

Triple bottom line is referred to as an or known as the accounting framework which tends to include three parts, i.e. environmental, social, and financial. Some of the organizations have been known to adopt the Triple Bottom Line framework in order to evaluate the performance in wider perspective i.e. to create the greater and larger business value.

4 0
3 years ago
Which of the following is not an example of a<br>n IDE device??​
insens350 [35]

Answer:

Hard drives

Explanation:

4 0
3 years ago
Jacqui decides to open her own business and earns $50,000 in accounting profit the first year. When deciding to open her own bus
Ira Lisetskai [31]

Answer:

C) $4,000

Explanation:

To calculate economic profit we can use the following formula:

economic profit = total revenue - (accounting costs + implicit costs) = (total revenue - accounting cost) - implicit costs

where:

  • accounting profit = total revenue - accounting cost = $50,000
  • implicit costs: ($20,000 x 5%) + $45,000 = $1,000 + $45,000 = $46,000

economic profit = $50,000 - $46,000 = $4,000

3 0
3 years ago
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