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3 years ago

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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Tried and True’s accountant suggests that monthly rent and hourly wage rate also be factored into the productivity calculations.

Zigmanuir [339]

Answer:

a. Blacksburg

b. Blacksburg

Explanation:

a. Productivity is measured by how much output is derived per input.

= Output/Input

= Sales Volume/Labor Hours

Annandele = 40,000/250

= $160 per hour

Blacksburg = 12,000/60

= $200 per hour

Charlottesville = 60,000/500

= $120

Danville = 25,000/250

= $100

Blacksburg is most productive at $200 per labor hour.

b. Multifactor productivity would incorporate the other costs such as labor rate and rent.

= Sales volume / ( Rent + Labor cost)

Annandale = 4,0000/ (2,800 + 250 * 10)

= $7.5

Blacksburg = 12,000 / (1,200 + 60 * 7.25)

= $7

Charlottesville = 60,000/ ( 2,000 + 500 * 8)

= $10

Danville = 25,000 / ( 800 + 200 * 7.50)

= $10.86

Blacksberg is least productive using Multifactor so should be closed down.

7 0

3 years ago

A salesperson lacking goals will drift around their territory, wasting time and energy. Group startsTrue or False

ddd [48]

The answer here is TRUE. A salesperson that is lacking goals is no longer a need in an organization.

5 0

2 years ago

Last year, you purchased a stock at a price of $78.00 a share. Over the course of the year, you received $2.70 per share in divi

lutik1710 [3]

Answer:

5.65%

Explanation:

Last year a stock of $78.00 was bought

During the period of one year $2.70 was received in dividend and inflation averaged 3.2%

Today the shares was sold for $82.20

The first step is to calculate the nominal return

= ($82.20-$78.00+$2.70)/$78.00

= 6.9/78

= 0.0885×100

= 8.85%

Therefore, the approximate real rate can be calculated as follows

= 8.85%-3.2%

= 5.65%

Hence the approximate real rate of return on this investment is 5.65%

6 0

2 years ago

Suppose the mean income of firms in the industry for a year is 75 million dollars with a standard deviation of 17 million dollar

Readme [11.4K]

Answer and Explanation:

Given:

μ = 75 million

SD = 17 million

Probability (x) raw data = 110 million

Computation:

= Probability (x) < 110 million

= Probability [(x-μ) / SD] < [(110 - 75) / 17]

[(x-μ) / SD] = Z

= Probability [z] < [(35) / 17]

= Probability [z] < [2.05882353]

Using z calculator:

P-value from Z-Table:

Z score = 0.98024

Therefore, probability is 0.98024

4 0

3 years ago

Should the NLRB require union organizer access to the workplace as a quid pro quo for an employer demanding an election rather t

rewona [7]

Answer: yes

Explanation:this is so because When a union wants to unionize a new group of employees, it must first convince at least 30% of the employees to sign authorization cards. If the union successfully does so, the union then submits the cards to the NLRB for certification. If the NLRB certifies that the union has secured cards from 30% of the employees, it orders that a secret ballot election be held where the employees vote on whether to unionize. Typically, about two months pass between the time the NLRB certifies the cards and the time that the election actually takes place. During these two months, the union and the employer actively campaign for or against unionization. At the election, if a majority of employees vote to unionize, then the NLRB recognizes the union as the sole bargaining representative of the employees. The employer is then required by statute to bargain in good faith with the union to negotiate the “first contract” between the employees and the employer. This employment contract determines the terms and conditions for all employees represented by the union.

3 0

3 years ago