Answer: All of a country's citizens pay the <u>government</u> an income tax that is 7% of their annual earnings. This tax is a <u>Proportional</u> tax.
<u>Explanation:</u>
The government of a country receives revenue in many forms. With this revenue, the government provides services to the people of the country and works for their betterment. One of the modes of income of the government is the taxes that the people pay to the government.
The citizens of the country have to pay a certain percentage of the income that they on an annual basis. That percentage is 7% of the annual earnings to the government in the form of taxes. This form of tax is proportional tax because only a certain proportion of the total income is to be paid by the people to the government. In return the government has to provide services like building roads, tracks, providing street lights and so on which is to make the lives of the people easier and better.
Answer:
It is a function of Technology
Explanation:
Cost cutting technological innovation is always seen as a new way of maximising profits in production and also minimising the overall cost of production.
This is possible through introduction of policies that take advantage of advancements in technology.
It entails the substitution of a less expensive alternative, developed for a given task, in an essentially unaltered product.
Answer:
Explanation:
W1= 30 W2 =50
Q1 = 6 Q2 = 16
Elasticity of supply = (16-6) / (50-30) * (50+30) / (6+16)
= (10/20) * (80/22) =80/44= 1.82
The answer to this question is A. Lower
Older investors tend to already establish a family and had to risk the future of their wives and children when they decided to pursue an investment
Answer: (B) Focus group
Explanation:
Focus group is refers to the group of people that basically focus on providing the feedback on various types of product, concept and the services. It is one of the process of market search processing in which the group focuses on the discussion for finding some useful information or data.
The focus group is mainly used in an organization for collecting the feedback on the new services and the products. The focus group is also refers to the type of quantitative research method.
Therefore, option (B) is correct.
