Answer:
I, II and III.
Explanation:
Price ceiling refers to the price control policy that is used by the government to protect the customers who are not able afford goods at the prevailing price.
If government of a nation sets a price ceiling below the equilibrium price level then this will increase the quantity demanded for the product because now goods become more affordable to the consumers and decreases the quantity supplied because it will become less profitable for the producers.
Hence, the demand for goods exceeds the supply of goods, this will create a shortage of goods in an economy.
Answer:
24%
Explanation:
For the taxes due on April 2020 (current year taxes):
The Lin household falls under the fourth tax bracket for married individuals filing jointly:
- tax rate 24%
- Income between $171,051 to $326,600
If no deductions were available, they would owe $188,000 x 24% = $45,120 in taxes.
The formula is
I=prt
I interest paid 1120
p principle 32000
T time 4/12
R annual percentage interest rate?
Solve for r
R=I÷pt
R=1,120÷(32,000×(4÷12))
R=0.105×100
R=10.5%
Answer:
Explanation:
For computing the cost of inventorying, we have to apply the formula which is shown below:
= Total costs ÷ Number of items
1. Cost of inventorying = Total costs ÷ Number of items
= $125 ÷ 100 items
= $1.25
Total cost = $100 + $25 = $125
2. Cost of inventorying = Total costs ÷ Number of items
= $150 ÷ 150 items
= $1
Total cost = $100 + $25 + $25 = $150
3. Cost of inventorying = Total costs ÷ Number of items
= $175 ÷ 160 items
= $1.10
Total cost = $100 + $25 + $25 + $25 = $175
$25 is the each worker pay
To minimize the cost we required two workers as the cost of inventorying is lesser than other two.
Answer:
The payment serves as a fee for the service rendered by government. It is slightly different from a transaction-based tax due to the fact that a private party and the jurisdiction are involved in a transaction instead of the normal operation in a market transaction that occurs between two or more private parties. This also gives the payer a certain opportunity which is the right to get married under law.
Explanation:
The payment serves as a fee for the service rendered by the government. It is slightly different from a transaction-based tax due to the fact that a private party and the jurisdiction are involved in a transaction instead of the normal operation in a market transaction that occurs between two or more private parties. This also gives the payer a certain opportunity which is the right to get married under the law.
