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4 years ago

Explain how and why governments may want to regulate the price setting of a natural monopoly.

1 answer:

8 0

The government wants to protect the consumer's interest, that is why they are regulating the monopoly. Monopolies have the power to set higher prices than the competitive market. They regulate monopolies to prevent excess prices, quality of service( to ensure the firm receives minimum standard of service), monopoly power,promote competition, and natural monopolies( we cannot encourage competition, and it is essential to regulate firm to prevent monopoly of power). <span />

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The sales tax is a regressive tax because:____________ .

Ludmilka [50]

Answer: 1. the percentage of income paid as taxes falls as income rises

Explanation: A REGRESSIVE TAX is a tax imposed in a way or manner in which the tax rate decreases as the amount subject to taxation increases. "Regressive" describes a distribution effect on expenditure or income, referring to the way the rate progresses from high to low, so in this case the average tax rate exceeds the marginal tax rate.

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4 years ago

What is the goal in command economy

Vsevolod [243]

Answer:The goal of a command economy is to create equality within a society. A central government makes all economic decisions in the command economy. A command economy denies the customs that guide a traditional economy. It determines what goods should be produced and how much should be the price.

Explanation:

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3 years ago

Read 2 more answers

A corporation declares a 5% stock dividend that's payable on Thursday, October 18. If the record date is Wednesday, October 3, t

Y_Kistochka [10]

A corporation declares a 5% stock dividend that's payable on Thursday, October 18. If the record date is Wednesday, October 3, the ex-date for this distribution is Tuesday, october 2.

A corporation is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now permit the formation of new companies by registration.

Many, but not all, companies are stock companies and vice versa. A company or other company may attempt to incorporate. As a corporation, a company exists as a separate legal entity from its owners. Above all, this means that the owner cannot be held responsible for the company's debts.

Learn more about corporation here:brainly.com/question/13551671
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3 0

2 years ago

Stagflation might be caused by a increase in the money supply. b increase in the price of raw materials. c decrease in the money

just olya [345]

Answer:

increase in the price of raw materials

Explanation:

Stagflation is a period of both persistent high inflation and decline in gross domestic product of an economy.

Inflation occurs when general price level rises.

Stagnation is caused by a fall in production of goods and services in the economy. An increase in the price of raw materials can discourage production.

I hope my answer helps you

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3 years ago

Bridgeport Company has five employees participating in its defined benefit pension plan. Expected years of future service for th

frez [133]

Answer:Please see answers in explanation column

Explanation:

Cost per service year = obligation From benefit / Total years of service

Total years of service= 3+4+5+6+6=24

Cost per service year =$87,120/24 =$3,630

Year Jim Paul Nancy Dave Kathy Total × Cost Amortization

2020 1 1 1 1 1 5 × $3,630 $18, 150

2021 1 1 1 1 1 5 × $3,630$ $18, 150

2022 1 1 1 1 1 5 × $3,630 $18, 150

2023 1 1 1 1 4 × $3,630 $14, 520

2024 1 1 1 3 × $3,630 $10,890

2025 1 1 2 × $3,630 $7,260

Total $87,120.

3 0

3 years ago