Answer:
$3.25
Explanation:
The new price for cigarettes will be the intersection point between the demand curves and the new supply curve.
Assuming S1 is the old supply curve without taxes and the new supply curve is S2 with taxes. The new price is the intersection of S2 and the demand curve, which is at $3.25.
B.below the equilibrium price, causing a surplus
Answer:
1. The act of reducing taxes by deliberately understating income or overstating deductions is called ______
Tax evasion
2. Leaving the tip earnings out of her income on her tax returns is
Tax evasion
Explanation:
Tax evasion is deliberate reduction of gross income either by excluding, understating, omitting income, or overstating deductions. It is not legal. Tax avoidance is managing taxable income by effective tax planning (e.g. through investments, insurance, etc.) so that less tax is paid. It is legal and allowed.
Answer: Transformational leadership
Explanation:
Transformational leadership refers to leadership whereby a leader strives to be the best and recognizes the need for a change to take place and works towards effecting that change through inspiration, and motivating team members.
Transformational leaders take risks, are inspirational, entertain new ideas and bring out the best in the team. This is exhibited by Sue, therefore she's a transformational leader.
<span>When a person insured under a policy for some period of time,
the term which is used is life insurance. Insured person is allowed to convert
a term policy to permanent policy later at any date in convertible term policy.
The factor that affect C the most when she tried to convert term policy to
whole life insurance is the cost.</span>
