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
Gekata [30.6K]
3 years ago
14

If a tax on unhealthy food items like soda and candy bars causes people to purchase less of these items and eat more healthful a

lternatives. Which principle of economics does this illustrate?
A) Rational people think at the margin.B) The cost of something is what you give up to get it.C) People respond to incentives.D) People face tradeoffs.
Business
1 answer:
White raven [17]3 years ago
8 0

Answer:

The correct answer is C) People respond to incentives.

Explanation:

People respond to incentives is the fourth principle in Economics. For this particular case, adding tax to unhealthy food is a disincentive to buy it and at the same time an incentive to buy healthy food. This happens because incentives make people act, in a positive or negative way towards a certain product, and because <em>rational people</em> use cost and benefit comparisons to buy something.

You might be interested in
Deep mines has 14 million shares of common stock outstanding with a beta of 1.15 and a market price of $42 a share. there are 90
Ugo [173]
Check the attached file for the answer.

3 0
3 years ago
Which of the following is a SMART goal for Noah's food drive project?
MAVERICK [17]

It's C. I just took it and it definitely is C

8 0
3 years ago
Read 2 more answers
Suppose that borrowing is restricted so that the zero-beta version of the CAPM holds. The expected return on the market portfoli
raketka [301]

Answer:

10.4%

Explanation:

The computation of expected return on a portfolio is shown below:-

Expected return = Risk Free return + 5%Beta ( Market Return - Risk Free return)

= 5% + 0.60 × (17% - 8%)

= 5% + 5.4%

= 10.4%

Therefore for computing the expected return on a portfolio with a beta of .6 we simply applied the above formula.

The market return less risk free return is known as market risk premium

3 0
3 years ago
econ One year a country has negative net exports. The next year it still has negative net exports and imports have risen more th
Vesnalui [34]

Answer:

its trade deficit rose

Explanation:

Trade deficit occurs when the imports of a country are higher than the exports. It is called the trade deficit. It means the country is importing more value of goods from other countries and exporting less. When Imports grows higher than the growth in exports, the trade deficit eventually rises.

8 0
3 years ago
What is take-home pay?
katrin2010 [14]

Take home pay is the other term used for gross salary.Take home pay happens when all the tax and other payment obligations is already deducted. For Example: => you're monthly salary is 15 000 dollars. => your tax for example is 1500 dollars per month => then you have to pay also for your sss, pag-ibig, philhealth and any other payment that needs to be settled.<span>The your salary, minus the tax and other payments is equals the take home pay.</span>
3 0
3 years ago
Other questions:
  • Simone started the meeting at BCD Co. by focusing the attendees on the company's current status. "We have a good product mix," s
    11·1 answer
  • The movement of electricity is called: A. Amperage B. Current C. Voltage
    5·1 answer
  • In a response to public outcry over the Internal Revenue Service’s (IRS) extent and abuse of power, the Federal government has d
    8·1 answer
  • President of the United States promises to produce more defense goods without any decreases in the production of other goods. Th
    5·1 answer
  • Baine lived in Bristol Harbor, a resort area on the Atlantic coast. She entered into a written agreement to sell her daily catch
    14·1 answer
  • Dilthium batteries is a division of enterprise corporation. The division manufactures and sells a long-time
    13·1 answer
  • The difference between a financial planner and a financial expert is that the expert is a professional who charges a fee.
    8·1 answer
  • Karen, an accrual basis taxpayer, sold goods in December 2019 for $20,000. The customer was unable to pay cash. So the customer
    8·1 answer
  • Find the no-arbitrage cross exchange rate. The dollar-euro exchange rate is quoted as $1.60 = €1.00 and the dollar-yen exchange
    15·1 answer
  • In developed countries, at what age do individuals typically become grandparents?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!