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
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.

You might be interested in
Match the term or phrase with its best descriptor.Maximum sustainable yieldA. available biomass of a target speciesB. incidental
ArbitrLikvidat [17]

Answer: Option C

Explanation: The best descriptor for the term maximum sustainable yield would be "maximum catch without reducing the population of target species".  The maximum level at which the natural resources can be exploited without having any serious threats to the future is called sustainable yield. So as per this case sustainable yield is the extent of hunting a species that fulfills the requirement of today and does not threat the future needs.

7 0
2 years ago
eating small amounts of sweet desserts can satisfy one's urge or craving for healthier food. true or false?​
krok68 [10]

Answer:

I think eating healthier food would be better. Eating sweet desserts would be healthier than eating a lot, but you should still cut down and eat healthier foods. False

Explanation:

6 0
3 years ago
Which two tasks does an industry safety and health engineer perform?
kolezko [41]

Answer:

They both care for the well-being of people and they also keep people safe.

I'm assuming

8 0
2 years ago
What is the correct statement about regressive taxation?
Karolina [17]

Answer:

B. The sales tax you pay when you fill your car up with gas is regress

Explanation:

Gasoline tax is regressive because everyone regardless of their income level pay the same amount of tax per gallon of gas purchased. A progressive tax means that people that have higher incomes will pay a higher tax rate, for example, federal income taxes. Every flat tax (same percentage for everyone) is regressive.

8 0
2 years ago
For which expense do state governments provide financial help to their local governments?
jeka94

expensive...............................

7 0
3 years ago
Read 2 more answers
Other questions:
  • If you hired a firm to do a risk assessment of your business, would you hire the same firm to mitigate any risks that were ident
    7·1 answer
  • Company B is expected to pay a dividend of $2 per share at the end of year 1 and the dividends are expected to grow at a constan
    14·1 answer
  • What type of supply chain configuration is most appropriate if your organization needs to minimize inbound transportation costs,
    5·1 answer
  • after you analyzed demand, you took steps to make sure your business made sense financially. How will thinking on the margin hel
    9·1 answer
  • Which type of investment would be an example of an investment at point B? a US savings bond a CD a stock a savings account
    13·2 answers
  • What is transformational leadership? Give examples of organizational situations that would call for transformation, transactiona
    8·1 answer
  • Sabrina decided to start selling lemonade on her street. The other kids in the neighborhood noticed that Sabrina was making a lo
    10·1 answer
  • The following transactions occurred during July: 1. Received $1,350 cash for services performed during July. 2. Received $6,950
    8·1 answer
  • The type of legal system and the level of corruption in a country have been found to be: significant determinants of the rate of
    14·1 answer
  • from a profit perspective, it makes sense for firms to disperse their productive activities to those countries where they can be
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!