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mafiozo [28]
3 years ago
11

12. Taxes can have all of the following economic effects EXCEPT

Business
1 answer:
professor190 [17]3 years ago
4 0

<u>Answer: </u>Option D

<u>Explanation:</u>

When the government tries to reduce the production or consumption of certain goods taxes can help the government to perform this action. Taxes alter the resource allocation by giving disincentives for production, consumption or exchange of these goods. Consumer decisions on savings and retirements can be controlled through taxes. Through affecting their decisions, their behavior to take actions based on the decision can also be changed.

By keeping a check on the incentives of the people through taxes the demand and supply can be decreased. This further decreases the productivity of the country.

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A company identified the following estimated data in its two production departments. During the current month, Assembly used 200
Firdavs [7]

Answer:

$9,000

Explanation:

1.Finishing’s departmental rate based on MH

= Finishing’s costs/Finishing’s machine hours

= $90,000/2,000 = $45 per MH

2.Cost assigned to Finishing based on MH

= Finishing’s departmental rate based on MH * Finishing’s currently used machine hours

= $45 per MH * 200 MH = $9,000

Therefore If the company uses a departmental overhead rate based on machine hours, $9,000 overhead cost will be assigned to Finishing this month

7 0
3 years ago
The minimum possible value of the "Frequency of Championships" Herfindahl-Hirschman Index is:__________.
Virty [35]

Answer:

1/N

Explanation:

Herfindahl-Hirschman Index is used to measure the market concentration and market competitiveness of firm(s).

A major advantage of this index is that it is easy to calculate while using  small amount of data required for calculation.

It been used by government agencies such as the U.S. Department of Justice for cases involving mergers and acquisition.

Since we are concerned with the minimum possible value we divide \frac{1}{N}.

7 0
3 years ago
A product will probably have a relatively high price if
podryga [215]
It’s a luxury item and the brand name over the years has been one people have grown fond of and will accept no substitute
8 0
3 years ago
Vaughn Manufacturing incurred the following costs for 84000 units: Variable costs $504000 Fixed costs 392000 Vaughn has received
Damm [24]

Answer:

$7.8

Explanation:

Variable costs = $504,000

Fixed costs = $392,000

Number of units produced = 84,000

Shipping charges = $4,500

Therefore, the variable cost per unit is calculated as follows:

= Variable costs ÷ Number of units produced

= $504,000 ÷ 84,000

= $6 per unit

Incremental fixed cost per unit (For 2,500):

= Shipping cost ÷ 2,500

= $4,500 ÷ 2,500

= $1.8 per unit

Therefore, the unit sales price will be the sum total of variable cost per unit and incremental fixed cost per unit for the shipping charges.

BEP (in sales price per unit):

= Variable cost per unit + incremental fixed cost per unit

= $6 + $1.8

= $7.8

4 0
3 years ago
The measurement of the Aggregate Supply
Anvisha [2.4K]

Answer:

C; Average Price Level

Explanation:

Here, we want to get what is on the label of the y-axis

The aggregate supply curve is simply a plot of the average price level against the real GDP( gross domestic product)

From this definition, we can see that we have the average price level on the y-axis and we have the real GDP on the x-axis

3 0
3 years ago
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