Answer C bc process of elimination
Answer:
A) loses some of the benefits of market efficiency.
Explanation:
Taxes always result in deadweight losses. Deadweight loss refers to allocative inefficiencies resulting from an alteration in the equilibrium quantities and economic surplus.
Taxes always increase the price of goods or services, and that increase reduces the equilibrium quantity, therefore resulting in lower economic surplus (lower consumer surplus and lower supplier surplus). The price of a good or service is higher, decreasing the quantity demanded, but the net amount received by the supplier is lower, decreasing the quantity supplied.
Answer:
Answer in explanation.
Explanation:
I think that celebrities bother to involve themselves in politics to try and make a statement or gain more fame and followers. Oftentimes, you see celebrities speaking on world events such as the BLM act, global warming, wildfires, or the pandemic that is still ablaze. As we all know, all politicians have their strong opinions but the points do not always get across when just the politicians talk about it. Sometimes, celebrities feel the need to speak on a topic that may be popular in the world of politics just to shine a light on it or even to get more attention. In conclusion, I feel that celebrities try to worm their way into politics because I believe that they think that it will make an impact.
Transactions will be recorded as follows;
<u>March 1</u>
Debit Cash $21,000
Credit Common Stock $21,000
<u>March 5</u>
Debit Cash $9,000
Credit Notes Payable $9,000
<u>March 10</u>
Debit Construction Equipment $25,000
Credit Cash $25,000
<u>March 15</u>
Debit Advertising Expense $1,100
Credit Cash $1,100
<u>March 22</u>
Debit Accounts Receivable $18,000
Credit Service Revenue $18,000
<u>March 27</u>
Debit Cash $13,000
Credit Accounts Receivable $13,000
<u>March 28</u>
Debit Salaries Expense $6,000
Credit Cash $6,000
<u></u>
