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Solnce55 [7]
3 years ago
8

The tax​ _______.

Business
1 answer:
sdas [7]3 years ago
3 0

Answer:

B. decreases the equilibrium quantity of land below the efficient level and creates a deadweight loss

Explanation:

An efficient economy is one whose equilibrium between supply and demand for land is due to endogenous factors via price. Under the law of supply and demand, price will be the adjustment vector that will balance the land market.

When the government introduces a tax, the price parameter changes, introducing an inefficiency called deadweight. Deadweight is a term widely used in economics to designate efficiency losses in markets when a tax is introduced. Thus, the economy will move from its natural equilibrium to a new artificial equilibrium, where the amount traded will be smaller than before.

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Brown Fashions Inc.'s December 31, 2018 balance sheet showed total common equity of $4,050,000 and 265,000 shares of stock outst
PIT_PIT [208]

Answer: $16.60

Explanation:

The following information can be gotten from the question:

Total common equity = $4,050,000 Shares of stock outstanding = 265,000

Net Income = $450,000

Dividends = $100,000

Based on the information given, the book value per share will be calculated as:

(Total common equity + Net income - Dividends) / Outstanding shares

= ($4,050,000 + $450,000 - $100,000) / 265,000

= $4,400,000 / 265,000

= $16.60

6 0
2 years ago
Sandra waterman purchased a 52-week, $1,000 t-bill issued by the u.s. treasury. the purchase price was $996. (a) what is the amo
Darina [25.2K]
(a) Discount amount = Face value - Price of t-bills = $1,000-$996 = $4

(b) Amount received at maturity = Face value = $1,000 (Note: T-bills are guaranteed and thus one of the safest investment).

(c) Current yield, R = Discount amount/Face value * 360/t, where t = 52 weeks = 360 days.

Then,

R = (4/1000)*(360/360)*100 = 0.4%
6 0
2 years ago
_____ refer to special temporary project structures established by a company that are isolated from the rest of the organization
Irina18 [472]

Answer:

Skunkworks

Explanation:

The term skunkworks is mostly used in business and also the technical fields to describe a group that is within an organization that has high autonomy and have tasks that requires them to work on advanced or secret projects. They are allowed to operate outside the usual processes such that they have the freedom to come up with new ideas.

3 0
2 years ago
What type of checking account charges a small fee for every check that clears the account?
erma4kov [3.2K]

The type of checking account that charges a small fee for every check that clears the account is a Cost-per-check account

I hope this helps! :)

-Ayden

8 0
3 years ago
Read 2 more answers
Wildhorse Construction Company had a contract starting April 2021, to construct a $24900000 building that is expected to be comp
jek_recluse [69]

Answer:

The construction in process amount reported at December 2021 is $13,695,000

Explanation:

In this question, we are asked to state the amount the company will report construction in the process of.

Firstly, we calculate the profit = Total contract price - Expected costs of contract = $24,900,000-$22,900,000 = $2,000,000

The profit in percentage of cost is; 2,000,000/22,900,000 = 8.73%

The costs incurred in 2021 is $12,595,000

The proportionate profit = 12,595,000 * 8.73 = $1,100,000

The construction in process at December 2021 = Cost incurred + Proportionate profit = 12,595,000 + 1,100,000 = $13,695,000

3 0
3 years ago
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