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Kryger [21]
3 years ago
14

Monroe county levies a tax on the value of real property located within the county. The tax equals 3 percent of the property's a

ssessed value up to $2 million plus 1 percent of the value in excess of $2 million.a. Compute the tax on real property valued at $1.3 million.b. Compute the tax on real property valued at $4.5 million.
Business
1 answer:
Vikentia [17]3 years ago
8 0

Answer:

a. $39,000

b. $85,000

Explanation:

The computations are shown below:

a. Tax on real property would be

= Valued of real property × tax rate

= $1,300,000 × 3%

= $39,000

b. Tax on real property would be

= Property's assessed value up  × tax rate + difference of property value  × increased tax rate

= $2,000,000 × 3% + $2,500,000 × 1%

= $60,000 + $25,000

= $85,000

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frosja888 [35]

Answer:

Option E All the statements are correct.

Explanation:

The reason is that the company which practices perfect price discrimination is the one which is charging different to different customers. So the prcie that the firm charges the price that the customer is willing to pay. This is very common in markets the seller present a number of products and quotes a higher price and then have a healthy conversation with you and then agrees the price. Some people agree at the spot and some agree by heavy debate and forces the seller to reduce the cost otherwise the customer is going away. So this means the company is charging reservation price, takes all the consumer surplus from consumer and captures the social gain which is the maximum gain possible to extract from the person.  

Due to charging different prices to different customers the production is almost average and this constitutes to the quantity that it would had produced if it was operating in the competitive market.

So all the answer are correct here.

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3 years ago
In a well-constructed paragraph, evaluate the significance of government to the economic well-being of the nation or people. Inc
alexgriva [62]

Explanation:

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Eating other people

4 0
3 years ago
which of the following statements accurately describes a quality performance feedback session? a. supervisors must establish mut
Romashka [77]

Option A, in which supervisors must build mutual trust and be open to employee challenges, is the appropriate response to this.

<h3>What is feedback?</h3>

When a system's outputs are used again as inputs in a cause-and-effect circuit or loop, this is known as feedback. The system is said to feed back on itself in this case.

Educator, Sponsor, Coach, Counselor, and Director are the five primary supervisory responsibilities.

Hence, option A is correct.

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6 0
2 years ago
A small metal shop operates 10 hours each day, producing 100 parts/hour. If productivity were increased 20%, how many hours woul
ipn [44]

Answer:

The plant would have to work 8.33 hours

Explanation:

Initial productivity:

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Percentage increase in productivity = 20%

New productivity:

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120 parts would be produced in 1 hour

Number of hours the plant would have to work to produce 1000 parts = 1000/120 = 8.33 hours

3 0
3 years ago
Judy works at the headquarters of an online shoe store. She is a member of the advertising team, which is a team within the mark
Alik [6]

Answer:

a.A staff department

Explanation:

  • As the delegation is an assignment of the authority to carry out the specific activities. It is one of the core management concepts however the person remains accountable for the decision making and assignment of duty and the task.
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3 years ago
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