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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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2 years ago

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11111nata11111 [884]

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The computation of the total cost of operating the assembly department as follows:

= Direct expenses of assembly department + allocated amount

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3 years ago

Assume that you contribute $300 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $

dmitriy555 [2]

Answer:

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Explanation:

Giving the following information:

Investment 1:

Monthly deposit= $300

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Interest rate= 0.09/21= 0.0075

Investment 2:

Monthly deposit= $500

Number of months= 12*20= 240

Interest rate= 0.09/21= 0.0075

To calculate the future value, we need to use the following formula on each investment. I separated into two to simplify calculations.

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Investment 1:

FV= {300*[(1.0075^540) - 1]} / 0.0075

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Investment 2:

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FV= $333,943.44

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3 years ago

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zheka24 [161]

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