Macroeconomics studies the economy as a whole. True or False?Macroeconomics studies the economy as a whole. This is true.

Vaseline, the world's most famous—and priciest—brand of petroleum jelly, wants to improve its financial performance (i.e. revenu

ohaa [14]

Answer:

Please consider the following explanation

Explanation:

Vaseline can improve its financial performance by doing some product differentiation, as the rest 15% are also selling petroleum jelly but at much lower costs than Vaseline, and to convince its customers to spend extra bucks to buy Vaseline, it needs to provide something extra.

Vaseline can incorporate extra ingredients like aloevera, or turmeric, etc, i.e. the beauty or health fashions prevalent in the market this information can be obtained by a thorough research of the beauty blogs available online.

Once the product has something extra, Vaseline can go ahead and market its product better based on the benefits of the product differentiation, and hence steam away market from the remaining 15% and increase its financial performance.

6 0

3 years ago

Choose the letter of the item that best completes the statement or answers the question. Last year Jackson earned $500,000, Vele

Vitek1552 [10]

1. According to their states’ tax laws, which require each one to pay a tax of $500 despite their different earnings, the best description of the tax is (c) regressive.

<h3>What is a regressive tax system?</h3>

A regressive tax system is one where taxpayers pay a disproportionate share of the tax burden, given their earning levels.

A regressive tax system is not proportional or progressive.

2. An example of an excise tax is (b) tax on perfume.

3. The amount Rose Chin paid for the purchase of school supplies based on the state sales tax of 5% is a) $12.60 ($12 x 1.05).

4. An example of a property tax is a) a tax based on the value of one's home.

5. The best example of the ability-to-pay principle is b) income tax.

6. An example of a tax based on the benefits-received principle is (a) bridge toll.

7. In the United States, taxes are used to accomplish all of the following except (c) determine which brands consumers buy.

8. For the apartment tenants, the tax is d) a sales tax.

9. The ultimate tax-burden bearer in question 8 is (d) the tenants.

10. An example of a protective tariff is (d) tax on the importation of foreign-made cars.

Thus, while income tax is mostly progressive in the United States, sales taxes are proportional, while some taxes are regressive because the amount paid is fixed and does not depend on the ability-to-pay principle.

Learn more about tax systems at brainly.com/question/12890967

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5 0

2 years ago

Bad managerial judgments or unforeseen negative events that happen to a firm are defined as "company-specific," or "unsystematic

inysia [295]

Answer:

The correct answer is True.

Explanation:

Non-systematic risk, also known as "diversifiable risk", encompasses the set of factors of a company or industry, and that affect only the profitability of its stock or bond. For this reason they cannot be diversified.

In other words, the non-systematic risk arises from the uncertainty surrounding a company due to the development of its business, either due to the company's own circumstances or those of the sector to which it belongs. Examples of these events can be bad business results, the signing of a large contract, worse than expected sales data, a new product of the competition, discovery of fraud within the company, a bad management of its managers, etc.

8 0

3 years ago

Inventory 12/31/17 $59,030 Cost of Goods Sold $224,679 Common Stock 76,110 Selling Expenses 16,230 Retained Earnings 45,580 Admi

Pavlova-9 [17]

Answer:

Prepare closing entries for Wildhorse Co. on December 31, 2017

Explanation:

Sales revenue 417.650

Sales discount 15.020

Cost of goods 224.679

Selling expense 16.320

Administrative expense 38.719

Income tax expense 30.480

sales return and allowance 11.914

retained earnings 104.346

5 0

4 years ago

Rocky Guide Service provides guided 1â€“5 day hiking tours throughout the Rocky Mountains. Wilderness Tours hires Rocky to lead

o-na [289]

Answer:

Please find the complete question in the attached file.

Explanation:

Rocky believed there would be a $30\%$ possibility of a July bonus for touring, i.e $< 50\%$ , from July 1-July 15 (10 days)-. Therefore no bonus can be calculated as $\$2,400$ / day trip \times 10 days = $\$2,400$ throughout this duration.

The expected 15-day revenues from 16th July – 31st July may well be calculated as $\$2,400 \times 15 \ days = \$36.000.$ Rocky calculated that it would get the bonus $80\%$ of the time. Estimates a $\$240/day\ bonus \times (10\ days + 15\ days) = \$6,000$

3 0

3 years ago