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Hitman42 [59]
3 years ago
9

On which of the following goods or services might a tax increase be hardest to pass on to consumers? A) automatic car washes

Business
2 answers:
dsp733 years ago
7 0

Answer:

A) automatic car washes

Explanation:

Passing taxes to consumers will be easier for those goods that are essential to everyday life, such as medicine, food, and even gasoline. However, in the case of goods that consumers are not fully dependent on, such as car washes, increased taxation may decrease demand as this type of good or service can be replaced. Consumers themselves may decide to wash their cars if the price of washing is increased.

alexandr402 [8]3 years ago
3 0
It would be hardest to pass a tax increase on A. automatic car washes, because car washes are relatively more elastic than other products mentioned, so consumers would like this change the least.
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Jinhee purchased a ticket to a concert to raise money for the local university. The ticket cost $250, but the normal cost of a t
jolli1 [7]

Answer:

Amount deductible as a charitable contribution=$175.

Explanation:

Given data:

Cost at which the ticket is purchased=$250

Actual cost of the ticket=$75

Required:

Amount deductible as a charitable contribution=?

Solution:

Any amount above the fair market value/Normal value will be the deductible charitable contribution.

In our case:

Amount deductible as a charitable contribution=Cost at which the ticket is purchased - Actual cost of the ticket.

Amount deductible as a charitable contribution=$250-$75.

Amount deductible as a charitable contribution=$175.

8 0
3 years ago
Private ownership of resources exists in _________________ and _________________ economies.
Kay [80]

Personal ownership of resources exists in capitalism and command economies.

Ownership is the legal proper to possess something. An instance of ownership is possessing a selected house and property. noun.

Ownership refers to the felony proper of an character, group, agency or government to the ownership of a thing. The difficulty of ownership is of types cloth and immaterial things. material possession is that which is tangible like belongings, land, vehicle, e-book, and many others. A shareholder is someone, employer, or institution that owns at least one share of a company's inventory or in a mutual fund. Shareholders essentially own the organization, which comes with certain rights and obligations. This kind of possession allows them to acquire the blessings of a commercial enterprise's success.

Ultimately, taking ownership is vital because it builds consideration, assistance, and bonds with humans you care about. A group cannot thrive without a subculture of responsibility as it's what continues everybody operating together toward a collective, described organizational undertaking.

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6 0
2 years ago
Recruiters for mountainview college were under extreme pressure to increase an enrollment goal by 10%. as a result, they admitte
Ghella [55]
<span>This demonstrates the problem of overemphasis on means instead of ends. The college was trying to increase the enrollment by lowering their standards. This can create more issues for the college in the future, and the college will have more issues to deal with.</span>
8 0
3 years ago
The flow of money in transnational corporations is not balanced. this is true in two ways. explain
AleksAgata [21]
1. Because only 25% of the foreign investment went from MDCs to LDCs.

2. Money is not invested evenly among LDCs (most money went to China).
3 0
3 years ago
________ is seen as a way to stimulate gains in economic efficiency by giving owners a powerful incentive—the reward of greater
Mama L [17]

Answer:

Group of choices:

A.  Globalization

B.  Economic transformation

C.  Deregulation

D.  Privatization

The correct answer is  D.  Privatization.

Explanation:

Privatization is an existing mechanism in the economy through which the government makes an industry or an activity no longer part of the public sphere, being transferred or transferred from the State to private companies or organizations.

The concept of privatization is often related to tools to improve competition, which help companies to improve their cost structure, allowing products to be of higher quality and at lower prices, favoring the consumer.

Since privatization reduces state participation in the economy, it is identified with capitalist policies. This tool is opposed to nationalization.

3 0
4 years ago
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