1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
polet [3.4K]
3 years ago
13

When a tax is levied on a good, : 1.government collects revenues which might justify the loss in total welfare. 2.there is a dec

rease in the quantity of the good bought and sold in the market. 3.a wedge is placed between the price buyers pay and the price sellers effectively receive. 4.All of the above are correct.
Social Studies
1 answer:
dedylja [7]3 years ago
3 0

Answer:

<h3>4.All of the above are correct..</h3>

Explanation:

A tax on good is a financial charge which is levied by the government upon a good or service. It is also called as sales tax.

Through the sales tax, the government collects revenues which helps in recovering loss in the total welfare expenditure.

A tax on good is a wedge between the price buyers pay and the price sellers effectively receive.

Also, sales tax increases the price of the good which ultimately decrease the quantity of the good bought and sold in the market as when price rise, demands fall.

You might be interested in
How do the nutrients get acces into the water ?
Gnesinka [82]

Answer:

Get access into the water come from the ocean mixing with water

6 0
3 years ago
What document governed the United States before the constitution? What were some of it’s foults?
Sati [7]
The Articles of Confederation came before the Constitution, there were many faults in the Confederation including, the government not being able to tax the citizens and the government not being able to regulate trade.
5 0
3 years ago
The statement "Attempts to create bilingualism in the U.S. represent a case of subordinated language minorities seeking opportun
shepuryov [24]

Answer:

B. conflict perspective.

Explanation:

Karl Marx developed an important sociological framework called conflict theory according to which society remains in a state of conflict between the different groups as per their power relations. These groups compete for limited resources prevalent in the society. Although this Marxist theory was for the industrial society, now it is extended to the other groups and determine the power relations between them. As per the question, the struggle for self-expression by subordinate language minorities reflects the essence of conflict theory.

4 0
3 years ago
How is economic growth measured in the uk
Alchen [17]

Answer:

You can calculate it by adding up, for everyone in the country: The total value of goods and services ('output') produced; Everyone's income; Or what everyone in the country has spent.

Explanation:

5 0
3 years ago
Should the lowest-priced proposal always be selected as the winner why or why not give examples
zaharov [31]
The lowest price proposals shouldn't be always picked as a winner even if it costs lowly because the individual responsible for the decision should take other matters into consideration and whether what are the right decisions that he or she should make for the betterment of the company. Example of this is the lowest price materials offered by one contractor in which it is cheap but is not as strong as other materials they often buy, the one responsible of taking this account should ensure whether it is even right to use as their materials when he or she knows that it is not as strong as the ones they often used.
5 0
3 years ago
Other questions:
  • 3. Consumers are caught up in a craze over a new product put out by Caliente Company. People are snapping up Caliente Company's
    15·1 answer
  • In which culture is a young adolescent given instructuion on how to please a girl and bring her to orgasm?
    10·1 answer
  • What is the term for people with similar concerns who work together to achieve certain goals
    9·1 answer
  • Deviant cases are unique because _________.
    15·1 answer
  • Under what circumstances would the threat of a veto most likely prevent passage of a given bill?
    11·1 answer
  • Describe two characteristics of mao’s cultural revolution
    8·1 answer
  • Economics Question: How does a minimum wage cause change in the market? Labor shortage or surplus ?
    12·1 answer
  • The Democratic party is associated with the color blue and is represented by a __________ mascot.
    7·2 answers
  • Why did the French and Indian war change the relationship between the British and the colonists?
    8·1 answer
  • Both men and women are likely to say that __________ is a top attribute in mate selection.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!