Answer:
The correct option is A
Explanation:
Regressive tax is the kind of tax which is imposed or held in such a way or method, that the rate of tax decreases or falls as the amount subject to the taxation rises.
It describe the effect of distribution on the expenditure or on the income of the person, as the rate progresses or increases from high to low, so that it could make average tax rate increases or exceeds the marginal tax rate.
So, in this case, when both of went to purchase the oven, they have to pay extra 7%, in sales tax, which is a regressive tax.
Answer:
a. 0.60
Explanation:
The formula to compute the price elasticity of supply using the midpoint formula is shown below:
= (change in quantity supplied ÷ average of quantity supplied) ÷ (percentage change in price ÷ average of price)
where,
Change in quantity supplied is
= Q2 - Q1
= 30 - 20
= 10
And, average of quantity supplied is
= (30 + 20) ÷ 2
= 25
Change in price is
= P2 - P1
= $20 - $10
= $10
And, average of price is
= ($20 + $10) ÷ 2
= 15
So, after solving this, the price elasticity of supply is 0.60
Answer:
Management system
Explanation:
<u>A database management system which is abbreviated as DBMS, is a system software which is used for creating as well as managing databases.</u> DBMS provides the users and the programmers with systematic way to create, update, retrieve and manage the data.
<u>DBMS makes possible for the end users to read, create, delete and update data in the database.</u> DBMS serves essentially as an interface between database and the end users or application programs and also ensures that the data is consistently organized as well remains accessible easily.
Answer:
Customer.
A moment of truth occurs when employees and the customer have contact.
I hope this helped at all.
Investing in human capital make sense both on broad economic and individual scale, because capital consists of anything that can enhance a person's power to perform economically useful work. Human capital is the capital <span>possessed by individuals and groups. like talents, knowledge, experience, wisdom...Possessing this kind of capital will result in individual success but also in broad economic, because with bigger human capital the person is able to achieve better results and to earn more, so at the end the person can spend more. </span>
