Answer:
proportional
Explanation:
In a proportional tax system, the same rate is applied to all tax payers.
In this question, both bill and Paul pay 10% of their income as tax.
In a progressive tax, tax rate increases as taxable income increases.
In a regressive tax, tax rate decreases with increase in taxable income.
I hope my answer helps you
Answer:
The answer is letter C.
Explanation:
The reorder point (R) is 630.
Answer:
B. The customer will pay $4,563 plus any applicable commissions
Explanation:
Based on the information given in which the customer tend to places an order to buy 100 shares of the ABC at the market in which the report shows that the trade occurred at $45.63 while a confirmation was sent out which states that the trade occurred at the amount of $45.38 which means that the amount of the trade will be $45.63 and not $45.38
Therefore the TRUE statement is that the customer will pay $4,563 plus any applicable commission . The $4,563 is calculated as (100 shares* Occuring trade Confirmation of $45.38)
Answer:
Adam Smith, author of "The Wealth of Nations", was a staunch believer in the free market and private property. Karl Marx, on the other hand, believed that the free market was destroying the world and leading to the "exploitation" of the middle class and the poor.