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
pychu [463]
3 years ago
12

"The effect of an excise tax on the producers of pollution-producing industries will be a cutback in production. If the tax was

levied directly on the amount of pollution generated, the long-run cutbacks in production would be much smaller." This statement is most likely to be:________
Business
1 answer:
larisa86 [58]3 years ago
8 0

Answer:An avenue of cutting down the production of pollution

Creation goods

Explanation: this is a SPECIFIC excise tax levy, because it is levied on the amount of pollution created so as to reduce the production of these products that poses a negative strain on the environment. It's a regulatory form of taking. Same tax is levied on cigarettes, alcoholic drinks E.T.C

You might be interested in
The selling and administrative expense budget of Gullette Corporation is based on the number of units sold, which are budgeted t
Andrej [43]

Answer:

Gullette Corporation

Gullette Corporation

Selling and administrative expense budget for April:

April Budgeted unit sales = 3,700

Variable selling and administrative expense per unit = $4.80

Variable selling and administrative expense = $17,760

Fixed selling and administrative expense =     $30,180

Total selling and administrative expense =     $47,940

Less Depreciation expense =                           ($3,450)

Cash disbursements for selling and

  administrative expenses                               $44,490

Explanation:

Data:

Budgeted units sales = 3,700

Variable selling and administrative expense = $4.80 per unit

Budgeted fixed selling and administrative expense = $30,180 per month

Depreciation in fixed expense = $3,450

Gullette Corporation

Selling and administrative expense budget for April:

April Budgeted unit sales = 3,700

Variable selling and administrative expense per unit = $4.80

Variable selling and administrative expense = $17,760

Fixed selling and administrative expense =     $30,180

Total selling and administrative expense =     $47,940

Less Depreciation expense =                           ($3,450)

Cash disbursements for selling and

  administrative expenses                               $44,490

b) Under the budgetary process, Gullette Corporation prepares its selling and administrative expense budget to include the variable and fixed elements.  The variable element of Gullette's selling and administrative expenses varies per unit with the volume of sales, while the fixed element remains relatively constant in total.  The total cash disbursements for selling and administrative expenses do not include depreciation.

6 0
3 years ago
A mutual fund has total assets of 2.4 million dollars and 300,000 shares. What is the net asset value of one share of the fund?
Katarina [22]
The correct answer for this question is this one: "c. $8.00 "A mutual fund has total assets of 2.4 million dollars and 300,000 shares. The net asset value of one share of the fund is <u>$8.00</u>Hope this helps answer your question and have a nice day ahead.
There exists the same question from other source with the following choices:
a. <span>$0.08 </span>
<span>b. </span><span>$0.80 </span>
<span>c. </span><span>$8.00 </span>
<span>d. </span>$80.00
3 0
3 years ago
Suppose the nominal GDP is $25 million, the price level is 1.25, and the central bank has set the money supply at $10 million. W
lidiya [134]

Answer:

a) real GDP =$20,000,000

b)velocity of money is 2.50

Explanation:

Nominal GDP is normal spending carried out in terms of dollars.

Nominal GDP is the product of real GDP and price level

Nominal GDP= real GDP*Price level

Given the nominal GDP=$25 million and the price level =1.25 then,

$25000000=real GDP *1.25

$25000000/1.25 = real GDP

$20000000= real GDP

Apply the quantity equation in economics which is;

money supply*velocity of money =price level * real GDP

Given the money supply is=$10,000,000 then,

velocity of money = (price level*real GDP)/money supply

velocity of money = (1.25*20,000,000)/10,000,000

velocity of money =2.50

4 0
3 years ago
Read 2 more answers
Newman Finley wishes to become a millionaire. His money market fund has a balance of $296,375 and has a guaranteed interest rate
Rus_ich [418]

Answer:

Investment period = 24 years

Explanation:

The total amount that an investment made today would become  if invested at a particular rate for certain number of years is known as the future value.

The $1,200,000 is the desired future value, the $296, 375 is the present value and the 6% is the interest rate.

FV = PV × (1+r)^n

1,200,000 = 296,375 × (1.06)^(n)

(1.06)^(n) = 1200000/96,375

(1.06)^(n) =4.048924504

find the log of both sides

n log 1.06= log 4.048924504

n= log 4.048924504/log 1.06

n = 24

It will take 24 years

3 0
3 years ago
The Midwest Division of Grainger Company has investment center average invested assets of $200,000 and investment center income
EleoNora [17]

The return on investment for this division is (B) 20%.

<h3>What is the return on investment (ROI)?</h3>
  • Return on investment (ROI) or return on costs (ROC) is a ratio of net income to investment over time (costs resulting from an investment of some resources at a point in time).
  • A high ROI indicates that the benefits of the investment outweigh the costs.
  • ROI is used as a performance indicator to evaluate the efficiency of an investment or to compare the efficiencies of several investments.
  • It is one method of connecting profits to capital invested in economic terms.

<h3>To find the return on investment for this division:</h3>

= income/average invested assets

= $40,000/$200,000

= return on investment

= 20%

Therefore, the return on investment for this division is (B) 20%.

Know more about return on investment here:

brainly.com/question/15726451

#SPJ4

Correct question:

The Midwest Division of Grainger Company has an investment center average invested assets of $200,000 and an investment center income of $40,000. What is the return on investment for this division?

(A) 500%

(B) 20%

(C) 25%

(D) 80%

4 0
2 years ago
Other questions:
  • QUESTION 1 You should dress in the same business casual every day, even if you have important meetings or presentations. True Fa
    11·1 answer
  • Why would any company admit to having so many variables that could hurt their performance
    14·1 answer
  • As the owner of an art gallery with a keen eye for upcoming talent, you find a painting that you feel is sure to net a large pro
    5·1 answer
  • Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
    10·1 answer
  • On January 1, 2018, M Company granted 90,000 stock options to certain executives. The options are exercisable no sooner than Dec
    6·1 answer
  • Z-Mart uses the perpetual inventory system and allows customers to use the Z-Mart store credit card in charging purchases. Z-Mar
    11·1 answer
  • One important distinguishing feature of valid arguments is that __________.
    7·1 answer
  • In some countries, a high premium is placed upon foreigners and foreign items, as they are associated with sophistication –Belgi
    12·1 answer
  • Suppose that due to a severe drought in Texas, 100,000 farmers relocate from Texas to Louisiana. Assuming that land and labor ar
    9·1 answer
  • STEVE
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!