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Zanzabum
3 years ago
12

Which of the following statements about taxation is TRUE?

Business
1 answer:
xeze [42]3 years ago
4 0

Answer:

A. There is a tax rate at which tax revenues are maximized.

Explanation:

By Laffer Curve definition we can easily understand the relationship between tax rate and tax revenues. It was developed by Arthur Laffer. The Laffer Curve describes that:

  • with an optimal tax rate government maximizes total  tax revenues
  • there is no tax revenue collection at the two extreme tax rates of 0% and 100%
  • at the left side of the curve higher tax rates decrease the incentive to work and invest. As a result this leads to to decrease in total tax revenue.

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If macaroni and cheese is an inferior good, then an increase in ____
Anvisha [2.4K]

Answer:

The correct answer is option C.

Explanation:

An inferior good is a good that has a negative income elasticity. It means that when consumer's income increases the demand for inferior goods decreases and vice versa.

If macaroni and cheese is an inferior good, then an increase in consumer's income will cause the demand for macaroni and cheese to decrease. This decrease in demand will cause the demand curve to shift to the left.

5 0
3 years ago
An example of a non-traditional seller can be?
kvv77 [185]
D. all of the above because all are not physical retailers. Non-traditional sellers/retailers do their selling/business over the phone, on the internet, etc.
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3 years ago
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.Daniel’s team had to analyze the last two vendors across four categories. Which basic characteristic groups of the potential pr
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Answer:

Daniel’s team had to decide the vendor on the following attributes that should be analyzed:  

  1. Innovation :- Credit Issue Group is a money related assistance organization and henceforth the seller needs to have a decent mechanical base to furnish with organization with required administrations on schedule and best in quality.  
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4 years ago
Dawn graduated from high school and wants to get a credit card. how can dawn establish credit-worthiness?
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3 years ago
State-approved riots in which russian mobs brutally attacked jewish communities, destroyed homes and businesses and even murdere
Alecsey [184]

The answer is: pogroms

State-approved riots in which russian mobs brutally attacked jewish communities, destroyed homes and businesses and even murdered jews were called: pogroms.

<h3>What Exactly Is Community?</h3>

We are all united by the word "community," which is so straightforward to use. It depicts a situation that is so typical that we hardly ever take the effort to explain it. It looks so basic, normal, and human. As a sign of our sincere intentions, we frequently append it to the names of social developmentintents in the social sector (for example, community mental health, community policing, community-based philanthropy, community economic development).

However, the concept of community is nuanced. And, regrettably, a lack of knowledge about what a community is and its function in the lives of individuals in many civilizations has resulted in the failure of many well-intentioned "community" initiatives.

To know more about civilization visit:

https://brainly.in/question/5598059

#SPJ4

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