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marta [7]
2 years ago
6

Taxes cause deadweight losses because they

Business
2 answers:
Ray Of Light [21]2 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]2 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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Why do businesses compete in free enterprise system?
Bingel [31]

Answer:

Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an <em>efficent manner. </em>

<em>However, competition in the free enterprise systmem leads to lower wages and income.</em> It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.

<u>if you liked my answer please mark me as brainliest !! thanks <3 !!</u>

3 0
2 years ago
Write two to three paragraphs that identify a realistic scenario that poses both fallacious and valid arguments. Analyze and exp
True [87]

In Philosophy, logic seems to be prominently used as means to finding reason in someone's claim. This describes which statements are considered valid or fallacious. This being said, valid statements carry logic whereas the other does not. We appreciate your questions. Please, never hesitate to ask more in Brainly your queries. 
5 0
2 years ago
Read 2 more answers
How does free enterprise differ from laissez faire?
Finger [1]
A free<span> market economy is one in which the government </span>does<span> not set or control prices, supply, or demand. A </span>laissez-faire<span> economy is one in which transactions between different companies or people are not subject to tariffs, government subsidies, and enforced monopolies.

</span>
3 0
3 years ago
You inherit $114,000 today. Rather than spending it, you decide to invest it. If you earn 9% per year (compounded annually), how
Gelneren [198K]

Answer:

Money in 31 years will be = $1,648,641.73

<u>Explanation:</u>

As per the given data:

Inherit Money (PV) = $114,000

Interest rate (i) = 9% p.a (Compounding is done annually as said in the question)

Holding period (n) = 31 years.

Money to have in is the Future value (FV) =?

We can use following time value formula to calculate the future value -

FV = PV * (1 + i) ^ n

putting the values :

FV = 114,000 * (1 + 0.09) ^ 31

FV = 114,000 * (14.461769531353)

 Thus,  

Future Value is = $1,648,641.73

7 0
3 years ago
Under Article 7 on "hard money loans" (cash) of $30,000.00 and over for first trust deed loans, and $20,000.00 and over for juni
Keith_Richards [23]

Complete Question:

Under Article 7 on “hard money loans” (cash) of $30,000.00 and over for first trust deed loans, and $20,000.00 and over for junior deeds of trust, except where the new usury laws apply, the loan broker’s commission maximum is:

Group of answer choices

A. 10%.

B. 12%

C. 20%

D. As much commission as her borrower will agree to pay her.

Answer:

D. As much commission as her borrower will agree to pay her.

Explanation:

Under Article 7 on "hard money loans" (cash) of $30,000.00 and over for first trust deed loans, and $20,000.00 and over for junior deeds of trust, except where the new usury laws apply, the loan broker’s commission maximum is as much commission as her borrower will agree to pay her.

However, in some states a usury law has been passed to define the maximum rate of interest that may be charged on some hard money loans.

In real estate transactions, a hard money loan can be defined as a short-term loan or loans of last resort which is secured by a real property. These type of loans are mainly issued by the private investors (individuals or companies) rather than the common lenders such as credit union or a bank.

4 0
3 years ago
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