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olga55 [171]
2 years ago
15

An excise tax on alcohol causes the supply of alcohol to decrease and the price of alcohol to decrease.

Business
1 answer:
Ainat [17]2 years ago
4 0

Answer:

False

Explanation:

An excise tax is tax levied on some specific goods. It is an indirect tax because it is not levied on customers.

Excise tax would increase the cost of supplying alcohol. This would reduce the supply of tax. A decrease in the supply of tax would increase the price of alcohol

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Lisa Lasher buys 400 shares of stock on margin at $21 per share. If the margin requirement is 50 percent, how much must the stoc
geniusboy [140]

Answer:

$3.68 per share

Explanation:

Lisa Lasher purchases 400 shares of stock on margin at the price of $21 per share

The margin requirement is 50%

= 50/100

= 0.5

The first step is to calculate the amount of money invested

= $21×400×0.5

= $4,200

The amount in which the stock must rise to inorder for Lisa to realize a 35% return on invested funds can be calculated as follows

= 35/100×4,200

= 0.35×4,200

= $1,470

$1470/400 shares

= $3.68 per share

Hence the stock must rise to $3.68 per share for Lisa to realize a 35% return on her invested funds

6 0
3 years ago
Which of the following types of documents is used to ensure that the project has clear boundaries for what is and is not include
elena55 [62]

4. A scope statement

For example, if you are remodeling your kitchen and dining room the scope statement would say what would be done in those rooms and that NO work would be done in the rest of the house. It is an important document to make sure all parties are on the same page.

8 0
3 years ago
Read 2 more answers
Pure risk is also called <br>tension risk <br>electric risk <br>static risk​
ANTONII [103]

Absolute

Explanation:

Pure risk is call absolute risk because it is a category that is beyond human control.

8 0
3 years ago
According to the law of diminishing marginal returns rev: 06_26_2018 Multiple Choice total product will fall and then rise as ad
IgorLugansk [536]

Answer:

The correct answer is: the additional product generated by additional units of an input will eventually diminish.

Explanation:

The law of diminishing marginal returns states that with each additional unit of input employed the marginal product of each additional input will go on declining.

This is why the total product will increase at first but after reaching a certain point it will start declining. The total product will be maximum at the point where the marginal product is zero. When marginal product becomes negative the total product will decline.

8 0
3 years ago
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If you waited until late in life to start saving, what two things should you try to do?
klemol [59]
Get a job and save money now
5 0
4 years ago
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