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ivann1987 [24]
3 years ago
9

A man purchased a magazine at the airport for $ 2.79 . The tax on the purchase was $ 0.15 .What is the tax rate at the​ airport?

Business
1 answer:
lana66690 [7]3 years ago
4 0

Answer:

Tax on the airport= 5.376%

Explanation:

The tax rate on the airport can be calculated from  the price of the magazine on the airport and tax which is on the magazine when purchasing from the airport.

Tax rate at the airport=(Tax on the Purchase)/(Price of magazine at which it is purchased)

Tax\ rate\ at\ the\ airport=\frac{\$0.15}{\$2.79}

Tax\ rate\ at\ the\ airport=0.05376

In percentage:

Tax on the airport= 0.05376*100

Tax on the airport= 5.376%

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Which of the following statements is false? Multiple Choice The short run refers to a period of less than one year. In the long
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Answer:

The short run refers to a period of less than one year.

Explanation:

The statements is false that the short run refers to a period of less than one year.

The short run, long run and very long run are different time periods in economics.

<u>Short run – where one factor of production (e.g. capital) is fixed</u>.

long run – Where all factors of production are variable,

Unlike in accounting where operating period refer to a period of one year, <u> there is no hard and fast definition as to what is classified as "long" or "short" and mostly relies on the economic perspective being taken.</u>

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3 years ago
You are a communication designer for a design company. Your team is working on a project designing an interior office space for
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This is incomplete because the question is missing, here is the missing question and options:

Which phase of team development does this situation describe?

A. Performing

B. Norming

C. Forming

D. Storming

The answer to this question is B. Norming

Explanation:

In team development, norming is the third stage in the process of creating a team and making its members work together. This stage occurs after members have known each other (forming) and had solved their problems (storming). Due to this, during this stage members are able to work together and there are clear roles, which facilitates communication and adaptation. This stage is the one described because roles have been defined "everyone is taking on leadership functions related to their roles" and it seems the integration after three months facilitates communication and changes "report back to the rest of the team and smoothly adjust the project plan."

4 0
3 years ago
"Bill thought he had received the best deal on his new car. Shortly after the purchase, Bill started to notice certain disadvant
prohojiy [21]

Answer:

Cognitive dissonance

Explanation:

Cognitive dissonance is the term which occurs or happen when the tension arises among the attitudes or beliefs of the person and the decision that contradicts with those pre- existing thinking modes.

In short, it means that it occurs when a person select among the two equally unappealing or equally attractive options.

So, in this case, Bill thinks that he had received the best deal for the car, but after purchasing, he noticed the disadvantages of the car as he learned regarding the new cars. Therefore, he is experiencing the cognitive dissonance.

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3 years ago
On June 16, 1995, the DJIA closed at $4,510.79. Assume the index lost 135 points on the next trading day. Compare that to a 500-
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Answer:

The occurrence would be more impactful in 1995 as the % drop is higher

Explanation:

In 1995, % change in DJIA = 135 / 4510.79 = 0.029928 = 2.99%

Today, the DJIA is at 29,263.48 . The % change in DJIA = 500 / 29,263.48 = = 0.017086143 = 1.71% .

Thus, In 1995, the occurrence would be more impactful as the % drop is higher

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3 years ago
Which of the alternatives to the modern theory of the firm holds that managers attempt to meet some goal that is defined in term
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Answer:

C. Satisficing model

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Satisficing model aims at reaching and receiving the results which makes the desired person satisfied with the results.

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Thus, in the given instance management sets a prescribed percentage as results they desire for sales, and related profit which further results in desired level of growth.

Thus, this is about satisfactory results that is Satisficing model.

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3 years ago
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