There are four chararacteristics, which are:
1. Relatively few transactions affect the account balances, but each transaction is often highly material
2. The exclusion or misstatement of a single transaction can be material
3. A legal relationship exists between the client entity and the holder of the stock, bond, or similar ownership document
4. A direct relationship exists between the interest and dividends accounts and debt and equity
Answer:
producer surplus
consumer surplus
neither
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay – price of the good
The highest amount i was willing to buy the watch is $71 but the price was $65. this illustrates a consumer surplus
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
Producer surplus = price – least price the seller is willing to accept
The least amount the textbook seller was willing to sell was $48 while the price the textbook was sold was $54. thus, a illustrates a producer surplus.
for statement c, a transaction did not take place, so, it is neither a producer or consumer surplus
Answer:
Positioning
Explanation:
This has to do with arranging for a market offering to occupy a clear, distinctive, and desirable place relative to competing products in the mind of target consumers.
Hey there,
The answer is coupons.
Hope this helps :))
<em>~Top♥</em>
1. <u>Proportional taxation</u> applies where the same tax rate is used no matter the level of income.
2. A <u>progressive tax structure</u> uses higher tax rates with increases in the tax base.
3. A <u>regressive tax structure</u> applies lower tax rates despite increases in the tax base.
<h3>The differences between the tax structures</h3>
The implication of the above explanations is that a progressive tax system takes a larger percentage of income from high-income groups than from low-income groups. A proportional tax system takes the same percentage of income from all income groups, while a regressive tax structure operates from the opposite angle, taking a larger percentage of income from low-income groups than from high-income groups.
Thus, one of these three tax structures may be prevalent in some countries of the world.
Learn more about the progressive, proportional, and regressive tax structures here: brainly.com/question/13701600
