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madreJ [45]
4 years ago
12

Which statement explains a proportional tax system?

Business
1 answer:
-Dominant- [34]4 years ago
7 0

Answer:

The tax rate is the same for all income levels.

Explanation:

A proportional tax system is a tax mechanism that applies equal rates to all income brackets. This system does not segregate based on income earned. The proportional tax system is also the flat rate system.

Since the proportional tax system applies the same rate to all taxpayers, it means that the low income, middle, and high-income earners pay tax at the same rate. The proportional tax system contrasts with other methods, such as the progressive tax system that considers income levels.

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If the market price is $25 in a perfectly competitive market, the marginal revenue from selling the fifth unit is
likoan [24]

Answer:

the marginal revenue from selling the fifth unit is

$25

Explanation:

Perfect competition is market structure in which the following information:

 

All firms sell an identical product .

All firms are price takers , cannot influence the market price .

Market share has no influence on prices.

Buyers have complete informationabout the product being sold and the prices .

Resources for such a labor are perfectly mobile.

Firms can enter or exit the market without cost

3 0
3 years ago
4:12 p.m. emma's mom will be home from work in 70 minutes, and emma has gymnastics lessons at 6:00 p.m. how much time will emma
Tanzania [10]
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3 years ago
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8 0
3 years ago
Read 2 more answers
Alexander Industries is considering a project that requires an investment in new equipment of $3,200,000, with an additional $16
Yakvenalex [24]

Answer:

The total cost is 3,360,000 and consiste of the proce of the new equipment plus the shipping and installtion cost. In contrast, Alexander's initial investment outlay are liabilities.

Explanation:

acquisition cost + shipping and installation cost = equipment value

3,200,000  + 160,000 = 3,360,000

The increase in liablities, will be that, liabilities, not cost, because is not associate with the equipment being ready to use. The equipment is ready to use, once is installed. so shipping and installment cost should be activated, not the accruals and account payable.

8 0
4 years ago
A business concept is a concise description of an opportunity that does not include
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it contains four elements:<span>
<span>the product or service </span>
<span>the customer </span>
the benefit
<span>the distribution</span></span>

7 0
3 years ago
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