<u>Answer:</u> The nature of the tax system means that there is usually a trade-off between Equity and Efficiency ability to pay equity opportunity cost .The ability to pay principle pushes governments towards a progressive tax system but equity considerations push them in the other direction . A(n) ability to pay tax, promotes economic efficiency as it does not distort ability-to-pay lump-sum benefits.
<u>Explanation:</u>
Tax equity is the tax codes and tax efficiency is the fair tax payments.In progressive tax system the high income group pays higher taxes. Through this method the inequality in the society can be reduced. This results in economic growth and reduces unemployment and increases the purchasing power of the poor people.
According to the principle the government follows a progressive tax system but with tax equity the people use tax codes to not pay certain taxes. This tax equity pushes it in the other direction.
There are different aspect to being a broker. To whom do the listings belong is Carter as the principal broker.
<h3>Who is principal broker?
</h3>
- Note that in real estate office, there has to be a principal or designated broker. This is known to be an individual who is responsible for managing or the person who oversees all licensed real estate agents at a specific firm.
He or she makes sure that agents are working in compliance with state and national real estate law. Based on the scenario between Carter and Kathleen and Holly, the listings belong is Carter as the principal broker.
Learn more about a broker from
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Answer: Total product cost per unit if 12,500 units = $13.
Explanation:
Given that,
Direct labor = $2
Direct material = $3
Variable overhead = $4
Total variable cost = $9
Fixed overhead ($50,000/10,000 units) = $5
Total product cost per unit = $14
Fixed Overhead at 12500 units = 
= $4
∴ Total product cost per unit if 12,500 units = Total variable cost per unit + Fixed Overhead at 12500 units
= 9 + 4
= $13
Answer:
Total cost= $60,800
Explanation:
Giving the following information:
For 4,000 units:
Unitary variable cost= $8
Unitary fixed cost= $5
<u>First, we need to calculate the total fixed cost:</u>
Total fixed cost= 5*4,000= $20,000
<u>Now, we can determine the total cost for 5,100 units:</u>
Total cost= 5,100*8 + 20,000
Total cost= $60,800
<span>The nash</span> equilibrium would be A. <span> bp and the mini-mart will both not advertise.
The nash equilibrium happens when all of the competitors choose the decision that give the optimal outcome for both of them.
If Bp and mini-mart both choose not to advertise they both will have a similar profit.</span>
