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Anestetic [448]
3 years ago
8

Taxes are a part of a civil society, but they have a significant effect on supply and demand for goods. A tax is an extra cost a

dded to an exchange. What is the effect of tax on a markets equilibrium point?
Business
1 answer:
Ann [662]3 years ago
7 0

Answer:

It causes the Equilibrium price point to fall.

Explanation: Taxes are levies imposed by Government on individuals and business Organisations with the aim of generating revenue for use in the running of the state. When taxes are added, they cause prices to increase,when prices increase,the demand for the product or commodities by Consumers and the supply of the products or commodities by suppliers will reduce, all these will cause the Equilibrium price point to fall or reduce.

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Janet needs to assign a very important advertising account to one of her writers. First she reviewed each​ writer's work​ load,
S_A_V [24]

Answer:

D. systematic study

Explanation:

7 0
3 years ago
Is it ethical for large companies to market small brands as being local, natural, or eco-friendly when they are in fact owned by
klio [65]

Answer:

yes

Explanation:

companies will not yell the truth

3 0
3 years ago
Gantner Company had the following department information about physical units and percentage of completion: Ch21_Q64 If material
Basile [38]

Answer:

200,000 units

Explanation:

The computation of the total no of equivalent units for material during may month is given below:

Units added during May is

= 150,000 + 50,000

= 200,000 units.

Hence, the total no of equivalent units for material during may month is 200,000 units

The same should be considered and relevant  

6 0
3 years ago
A produce distributor uses 779 packing crates a month, which it purchases at a cost of $12 each. The manager has assigned an ann
labwork [276]

Answer:

$1,498.86

Explanation:

Given that;

Packing of crates per month(u) = 779

Annual carrying cost of 39% of the purchase price per crate

Ordering cost (S) = $27

D = 779 × 12 = $9,348 crates per year

H = 0.39P

H = 0.39 × $12

H = $4.68 crates per year

Total ordering cost = D/Q × S

= ( $9,348 / 779 ) × $27

= $324

Total Holding cost = Q / 2 × H

= ( 779 / 2 ) × $4.68

= $1,822.86

Annual savings = Total holding cost - Total ordering cost

= $1,822.86 - $324

= $1,498.86

The firm would be saving $1,498.86 annually.

5 0
3 years ago
If you made a 17% profit on the $76,000 sale of a lot, how much did you pay for the lot?
Rina8888 [55]

For this case, the total percentage paid for the land is given by:

100 - 17 = 83

Then, we can make the following rule of three:

76000 ----------------> 100%

x -----------------------> 83%

From here, we clear the value of x.

The value of x is the amount that was paid for the lot.

We have then:

x = (83/100) * (76000)\\x = 63080

Answer:

You paid 63080 $ for the lot

3 0
4 years ago
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