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Virty [35]
3 years ago
15

With a regressive tax system, as the level of income increases in an economy, the average tax rate will: 
A. Increase
B. Decreas

e
C. Remain constant
D. Either increase or decrease
Business
1 answer:
Ostrovityanka [42]3 years ago
6 0

Answer:

The correct answer to the following question is option B) decrease.

Explanation:

Regressive tax is that of tax which is imposed in such manner that when the income level in the economy increases , the average tax rate would decrease. This type of tax has heavy burden on the low income people as it takes high proportion of their income. So it can be said here that there is an inverse relationship between tax payer's ability to pay ( which can be measured in income , assets or consumption) and the tax rates imposed.

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Consider the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stoc
kicyunya [14]

Answer:

a) The expected return of equally weighed portfolio is 14.23%

b) The expected return of equally weighed portfolio is 16.45%, hence Variance = 1.596457%

Explanation:

See workings of a and b attached in a form of spreadsheet.

7 0
3 years ago
Gross primary productivity is higher than net primary productivity. The difference between the two is
elena55 [62]

dotnt ask me about high school stuff

3 0
3 years ago
Due to the entrance of two firms in 2012, total monthly profits for all firms in the market decreased by $3,000 due to the _____
Lera25 [3.4K]

Complete Question:

Use the following scenario to answer the following questions:

In 2011, three firms were selling cellular phone service for a price of $40 per month in Pittsburgh, Pennsylvania. Each firm serviced 100 cell phone customers; thus, all firms together serviced a total of 300 customers. In 2012, five firms were selling cellular phone service for a price of $30 per month. Each firm serviced 70 cell phone customers; thus, all firms together serviced a total of 350 customers. Assume marginal cost is $0 (zero) for all firms and thus total revenue is equal to total profit.

Due to the entrance of two firms in 2012, total monthly profits for all firms in the market decreased by $3,000 due to the ________ effect and increased by $1,500 due to the ________ effect.

Answer:

Due to the entrance of two firms in 2012, total monthly profits for all firms in the market decreased by $3,000 due to the Price effect and increased by $1,500 due to the Output effect.

Explanation:

The effect of a transition in the value of a products or else in service on consumer spending on the economy. The price effect could also relate to the price impact of an occurrence. The price effect is the impact of replacement and revenue.

The condition where a price hike in one commodity raises the cost of output and decreases the production level of the company thus lowering prices for additional inputs; alternatively, a reduction in the cost of supply

The result is that the price exceeds marginal costs and improve production increases profit. Prices are affected by the price reduction and profit reduction of the increased production.

8 0
3 years ago
On December 31, 20X5, Paris Corporation acquired 60 percent of Sanlo Company's common stock for $180,000. At that date, the fair
Anit [1.1K]

Answer:

1. b. $15,000

2. a. $13,200

Explanation:

a. Fair Value of Consideration $180,000

Non Controlling Interest $120,000

Differential in value of Sanlo $45,000

Good will = $15,000

b. Value of Equipment = $10,000 / 5 = $2,000

$2,000 * 60% = $1,200

Value of land = $15,000 * 60% = $9,000

Value of Sanlo's Inventory = $5,000 * 60% = $3,000

Total value amortize using equity method is $13,200

7 0
3 years ago
Deepwater Dredging Company holds itself out to others as being a corporation but makes no attempt to incorporate. Estuary Marina
evablogger [386]

Answer:

a corporation by estoppel or de facto corporation.

Explanation:

A corporation by estoppel is when a person has dealings with a company like it is a corporation. Doing business with an estoppel coporation means that one has admitted that company as a coporation.

From, the question above, it can be seen thta Estuary marina dealt with deepwater dredging company as a corporation and that means that Estuary marina has admitted to Deepwater dredging as a corporation.

As a result of Deepwater dredging company's failure to perform tthe contract, the court can only hold that Deepwater Dredging is a corporation by estoppel or de facto coporation.

Cheers.

3 0
3 years ago
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