Alright, so we start out with $12000, and we'd add from there. Since we add 1$ for every passenger, our equation with p being the number of passengers would be 1*p (e.g. for 1 passenger we have 1*1=1, 2 passengers we have 1+1(2 times)=2). Substituting 50,000 for p, we have 1*50,000=50,000. Next, we have to add 12,000 to that (as that's a flat fee) to get 50000+12000=62000
Answer:
It is FALSE that If the tax is imposed upstream versus downstream, economic theory predicts that this will lead to the same allocation of abatement activity, but it will change who bears the burden (incidence).
Explanation:
When tax is imposed upstream versus downstream the person that bears the burden will not change because at both incidence it is the consumer(Downstream) that will cover the tax still.
Upstream refers to points in production that originate early on in the processes. Often applied to the oil and gas industry, upstream activities include exploration, drilling, and extraction.
The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, as well as the marketing and distribution of products derived from crude oil and natural gas.
Answer: cost
Explanation: In a market economy, the price of the product or service offered are determined by the market forces of demand and supply. Govt. intervention in regulating the market forces is minimal in such markets.
Thus, if the entrepreneurs produce goods at a low cost they will price it low leading to high demand for their product. Thus, they will be compensated well if they cost their product lower than others.
Well im stuck in the middle so ill give you to reasons
why i think they shouldnt be able to:
cuz they might wanna open it just as a scam and might try scamming and/or harming others
why i think they should be able to:
if they have a great idea and can prove its not a scam then im all for it ppl should be able to share and give their idea's to the world no matter howw far fetched they may seem
also ur question requiers an opinion so it should be what YOU think not just what others think :) in this type of question it would be best to go with ur own answer cuz there is no right or wrong anyways have a nice day :)
Answer:
The trade discount is the discount of 5% equivalent to $25,000
Explanation:
The question parameters are;
The cost of the car, c = $500,000
The amount the car's list price is discounted = 5%
The duration over which the payment for the car should be made to receive the discount = 1 year
Therefore, the trade discount is the 5% of the list price, which is equivalent to 5/100 × $500,000 = $25,000
A trade discount is a reduction of the retail price of a good which a wholesaler or manufacture of the good gives a trader, which may be a wholesaler or a retailer based on certain agreements, when a group of goods or a particular type of goods is purchased
