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marta [7]
3 years ago
6

Taxes cause deadweight losses because they

Business
2 answers:
Ray Of Light [21]3 years ago
6 0

Answer:

The correct answer is C. All of the other options are correct.

Explanation:

In economics, it means that there is a loss of surplus because the imposition of taxes discourages the exchange of goods and services. This can be interpreted in the behavior of the consumer and seller, since their action is executed directly in the buying and selling processes. When the buyer's benefit from acquiring a good is modified by a high tax rate, then a decline in the purchase may occur to avoid incurring high costs.

vitfil [10]3 years ago
5 0

Answer:

All of the other options are correct.

Explanation:

Deadweight losses can be described as losses that is made to the economy, this is as a result of taxes or price control. Deadweight losses occur when supply and demand are not balanced, if this happens it will eventually lead to market inefficiency.

Taxes can be defined as the amount of money charged by the government which is above the selling price of a particular good or service.

Taxes can lead to deadweight loss when there is an increase in the price of a product which will eventually lead to a drastic decrease in the demand of the product.

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In planning Hong Kong Disneyland, Disney took special care to assure that the theme park would be culturally acceptable by: Grou
loris [4]

Answer: All of the above

Explanation:

Disney realized that China has different values from the United States and so Disneyland had to be built by Chinese standards not that of the U.S. in order for it to be a successful venture.

To this end, they brought in a Feng Shui expert who helped construct the park according to the principles of Feng Shui. They also made sure that the park's hotels had no 4th floor because the number four is considered bad luck in Chinese culture.

They also set the opening date to a date that was considered auspicious for the opening of a business to inspire good luck.

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3 years ago
During the recession of 2007-2009, the U.S. economy was experiencing a decrease in home prices and consumer wealth, a credit cri
Stels [109]

Answer:Answer The business sector (b)The policy option is the fiscal policy

Explanation:

Recession can be defined as a state of economic declines in a country which in turn lead to decline in the GDP of a country as well as increase in the rate of unemployment in the country. It is a period of slow business activities in the country which can last for period of six months or a year depending on the quick response of the handlers of the economy to quickly put the situation under control. It is a period of slow growth in the economy. In a period of recession, the business sector experience lack of credit facility which arise due to the inability of the banking sector of the economy to lend to the business sector.. during these period there is a decrease in consumer spending, in the sense that, the demand for goods and services by the households will reduced drastically as a result of the reduction in the purchasing power of the people.

However, with a view to bring the economy under control, the policy option to be adopted is the fiscal policy in which the government can increase their spending on the economy, The fiscal policy also includes the reduction of the income tax as a way of increasing the purchasing power of the people. In addition, The banking sector will also be encouraged to start lending to the business sector as a way of boosting the economy and bring back the economy to the path of growth.

3 0
4 years ago
In an opinion column published in wallstreetbuzz, a columnist wrote, "James Jackson, CEO of Blain Investments, now posting an $8
sasho [114]

Answer:

s protected from defamation liability under the opinion/analysis quasi-privilege.

Explanation:

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4 years ago
question 14(multiple choice worth 5 points) (04.02 mc) who was intended to benefit from the land act of 1800? a large-scale farm
oksano4ka [1.4K]

Since the government aimed to make westward migration more appealing to immigrants, "A poor family that coveted property" was primarily those who benefited.

Due to their inability to purchase a farm at an affordable price, many ended up squatting on public property without a valid title. The Harrison's Land Act of 1800 decreased the minimum purchase size from 640 acres to 320 acres and added a credit provision. A quarter of the total cost had to be paid up front, and the remaining amount had to be paid over the course of four years with an extra year added on for late payments.

To learn more about Land Act of 1800 here

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1 year ago
Suppose that Markus Braun has a set of steps that Wirecard takes each time they acquire a new company. This is known as a .
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The name which is given to the set of steps which Markus Braun to make sure that Wirecard acquires a company is:

  • Strategic goal

<h3>What is a Strategic Goal?</h3>

This refers to the long term objectives of a company or business which usually requires patient planning and moves which helps to achieve the aims and objectives of the company.

With this in mind, we can see that because Markus Braun is taking careful steps in order to acquire a new company, then this is known as strategic goal.

Read more about strategic goal here:
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7 0
2 years ago
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