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Sergio039 [100]
3 years ago
13

What are expenses that change as conditions change?

Business
2 answers:
jeyben [28]3 years ago
6 0

Answer:

1.) c variable costs

valkas [14]3 years ago
5 0

I believe that answer is B Variable cost

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What will happen to the governmentâs tax revenues if Song chooses to spend more time pursuing her other passions besides work in
ira [324]

Answer:

Government's tax revenues would decrease by $1,250

Explanation:

Please refer the complete question below

Song earns $100,000 taxable income as an interior designer and is taxed at an average rate of 20 percent (i.e., $20,000 of tax). Answer the questions below assuming that Congress increases the income tax rate such that Song's average tax rate increases from 20 percent to 25 percent.   What will happen to the government’s tax revenues if Song chooses to spend more time pursuing her other passions besides work in response to the tax rate change and therefore earns only $75,000 in taxable income

If Song opts for pursuing his other passions he will end up earning $75,000 and therefore since the tax rate is now 25% he will have to pay $18,750 ($75,000 x 25%) as against the $20,000 ($100,000 x 20%) taxed previously and hence government's tax revenues would decrease by $1,250 ($20,000 - $18,750).

8 0
3 years ago
All but one of the following is a mechanism intended to provide reassurance against imperfect information. Which is it?
nikdorinn [45]

Answer:D. financial capital markets.

Explanation:Imperfect Information is a term used in Economics to describe a situation where the two or more parties in a business contract have varying levels of Information about the said contract,one party may have more information about the Contract than the other party or parties.

Reassurance is the process of removing the doubts of a person as to a given action or contract, it is essential to reassure investors in the case of market crisis by Organisations and Government.

5 0
3 years ago
Compared to a perfectly competitive market, a natural monopolist will have a.) ______________ (higher / lower / either higher or
kipiarov [429]

Answer:

A). Lower

B). Lower

C). Higher

I think so not sure of my answer

7 0
3 years ago
A combination of high crude oil prices and government subsidies for ethanol have led to a sharp increase in the demand for corn
Firlakuza [10]

Answer:

a) Increase

b) Increase

c) Increase

d) Increase

e) Increase

Explanation:

a) The price of corn

The increase in the demand for corn will cause an increase in the price of corn

b) The quantity of corn supplied

The quantity of corn supplied will increase rapidly in the short run before equilibrium will be established in the market

c) The cost of producing soybeans and wheat crops will Increase due to the High demand for corn hence the supply will decrease as well

d) The price of cereals and other products produced from corn will Increase as well

e) The price of beef and other meat gotten from animals that fed on Corn will Increase as well because the cost of their feed will increase

3 0
3 years ago
With which two key issues is corporate-level strategy concerned?
Andrej [43]

Answer:

Option B What businesses a firm should be in and how the corporate office should manage its group of businesses

Explanation:

The reason is that corporate level strategy helps in managing the all of the business units of the company which means that the strategy is to maximize the gains arising by increasing the effectiveness and efficiency of the business operations of the business units. So the question certainly would include the decision of whether or not we should close a business unit or that we should continue with it. It would also question whether the group business is well managed or there are any other better alternatives as well.

4 0
3 years ago
Read 2 more answers
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