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
Ivahew [28]
4 years ago
13

Cadmia, a small island nation, recently revised its income-tax law. The new law sought to increase taxes on wealthy corporations

and citizen with higher incomes. Surprisingly, everyone responded positively to the tax revision as they believed that it will decrease inequality in the nation. In this scenario, the people of Cadmia have demonstrated support for:_____________
a. retributive justice.
b. procedural justice.
c. distributive justice.
d. restorative justice.
Business
1 answer:
Shalnov [3]4 years ago
3 0

Answer:

Distributive justice

Explanation:

Distributive justice - it is referred to as a system of justice that ensures every citizen will get equal opportunity, ensure the basic right to all, ensure that for an equal amount of work equal amount of pay will be given.

In the same way, in Cadmia by new income tax law, the government ensured that every citizen will get equal opportunity and this will decrease the inequality on the island.

You might be interested in
How is a line of credit similar to a credit card
xxMikexx [17]
They both have preset limits
8 0
3 years ago
Given a 7 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,350, $1,550, $1,550, a
igor_vitrenko [27]

Answer:

The present value of cash flows is $ 5,292.13  

Explanation:

The present value is today's equivalence of the company's future cash flow discounted using the 7% interest rate as a discount rate.

Formula for pv of a cash flow=cash flow/(1+r)^n

r is the 7% interest rate

n is the relevant year each cash flow relates to

PV=$1,350/(1+7%)^1+$1550/(1+7%)^2+$1550/(1+7%)^3+$1850/(1+7%)^4=

$ 5,292.13  

6 0
3 years ago
After some troubling times in Egypt, American tourists are visiting in record numbers. As a result, demand for Egyptian pounds w
Blababa [14]
The correct answer is b) increase; appreciate.
Since more and more people go in the country, more and more money will be required and produced. Since this money will not be surplus in the economy of the country they will gradually increase their value because of the growing demand for them, thus competing with the values with the other currencies, like the American Dollar (USD).
8 0
3 years ago
Read 2 more answers
7. Liqin fixes up old cars and sells them to supplement his retirement income. Liqin came across a beat-up 1955 Corvette that sh
ruslelena [56]

Answer:

a. 8%

Explanation:

Expected Return = [(Return*Probability)+(Return*Probability)+(Return*Probability) * 100%]

Expected Return = [{(15%*0.2)+(10%*0.2)+(5%*0.6)} * 100]%

Expected Return = [{(0.15*0.2)+(0.1*0.2)+(0.05*0.6)} * 100]%

Expected Return = [{0.03+0.02+0.03} * 100]%

Expected Return = [{0.08 * 100}]%

Expected Return = 8%

So, Liqin's expected return for fixing up and selling the Corvette is 8%.

7 0
3 years ago
At its present rate of output, Barrel O' Biscuits, a perfectly competitive firm, finds that its marginal cost exceeds its margin
Delvig [45]

Answer: Reduce output

Explanation:

 According to the given question, the barrel O' Biscuits is one of the type of perfectly competitive organization in which its overall marginal cost increasing the company's marginal revenue.

 For maximizing the profit of an organization then we should reduce the output as in the perfect competition the company majorly affected the output only and for shift the overall marginal cost of the company we reducing the output.

 Therefore, Reduce output is the correct answer.      

 

3 0
3 years ago
Other questions:
  • Hawkeye Auto Parts uses the average cost retail method to estimate inventories. Data for the first six months of 2018 include: b
    5·1 answer
  • Contractors Service, Inc., enters into a contract to build a restaurant for Dierdre’s Soup Spoons Bistro with Dierdre’s payment
    7·1 answer
  • An asset for drilling was purchased and placed in service by a petroleum production company. Its cost basis is $60,000, and it h
    5·1 answer
  • Kelly's kitchen, a restaurant, strives to improve its customer service and makes sure that its customers enjoy the food and ambi
    5·1 answer
  • In 2012, the city of Miketown collected $250,000 in taxes and spent $350,000. In 2012, the city of Miketown had a A) budget surp
    14·1 answer
  • The annual statements that have to be submitted at the end of each financial year must contain an overview of the internal audit
    10·2 answers
  • Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2016. The accounting cycle for Kelly Consulting for Ap
    6·1 answer
  • The following data were extracted from the income statement of Keever Inc.: Current Year Previous Year Sales $18,500,000 $20,000
    15·1 answer
  • When an airline industry, the military, and many other areas use scheduling programs to get the right people assigned to the rig
    5·1 answer
  • Innovative Tech Inc. (ITI) has been using the percentage of credit sales method to estimate bad debts. During November, ITI sold
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!