Answer:
C. there is no penalty for not filing tax returns, but there is a penalty for not paying taxes
Explanation:
Sana makatulong :,-)
Answer:
Contribution margin per unit= $80
Explanation:
Giving the following information:
Unitary selling price of video game consoles $400
Unit variable costs $320
<u>To calculate the unitary contribution margin, we need to use the following formula:</u>
Contribution margin= selling price - unitary variable cost
Contribution margin= 400 - 320
Contribution margin= $80
Population increase
• There will be an increase in demand as the population grows. This is because there are more individuals who are going to be consuming the economy’s goods.
Population decrease
• There will be a decrease in the demand and the population lessens. This is because there are less individuals who want to consume the economy’s goods.
Increase in most people’s income
• This will cause an increase in demand. This is because consumers income has risen so they can now afford to buy more of of the goods they normally purchase or they can buy new goods they don’t normally purchase. Due to this circumstance there will be an increase in demand
Decrease in most people’s income
• This will lead to a decrease in demand. Reason being is that consumers may no longer be able to afford certain goods and as such they will consume less of these goods causing demand d to decrease.
Price of substitute increases
• This will cause a decrease in demand. When there is a price decrease in a substituted good consumer will lessen their purchase and and aim to purchase more of a different good for the same satisfaction at a lower cost.
Price of substitute decrease
• Now that the price of the substitute decreases it will cause a surge in demand. This is because consumers can now afford this food and will change from a substitute to their normal good.
Price of complementary good increases
• This will cause a flux in demand. This is because when the price of a complementary good increases, consumer can no longer afford this good and will buy less of it. With the price of a complementary good increasing, the demand for the good that it complements will decrease as well.
Price of complementary good decrease
• This will cause a surge in demand. Consumers can now afford to buy a complementary good and will in turn buy the good that it complements as well.
Product becomes a popular fad
• This will cause a increase in demand as consumers shift their taste from one good to another.
Product now out of fashion
• This will cause a decrease in demand as this good is no longer trending. This will cause consumers to shift their want to a different more trendy good.
There is an expectation that the price of the good will soon fall.
• This will cause a decrease in demand. This is because consumers have the knowledge that the price of the good will soon fall, so they will not buy and of the good until the price of the good falls.
There is a fear that the economy will go into recession where many firms will fail and unemployment will increase.
• There will be an increase in demand. This is because consumers are fearing that they soon won’t be able to afford any good. Due to this circumstance they will buy a surplus of products and store it for these expected unfortunate times.
Hope this helps:)
The contract between Timmy and Jennifer is not valid for legal claims because there are no ways to prove the terms they agreed to for the sale/purchase of the car.
<h3>What is a valid contract?</h3>
When we enter into an agreement with another person to carry out any commercial activity, we generally must create a document in which all the terms and conditions of the contract are established in order to bind both parties to comply with the contract.
If another type of contract is made, for example by telephone, spoken or other modality that does not have ways of verifying what was agreed, it can be considered as invalid contracts.
Based on the above, the contract that Jennifer made with Timmy over the phone is invalid because there is no way to check what they agreed to.
Learn more about contracts in: brainly.com/question/2669219
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