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3 years ago

I got a 50 the first time taking this, don’t know what I got wrong.

Business

1 answer:

loris [4]3 years ago

8 0

Answer:

Price elasticities of demand and supply

Explanation:

Tax is a compulsory amount levied on goods and services by the government or an agency of the government.

taxes increases the prices of goods and services

Deadweight loss of tax refers to a reduction in quantity demanded and supplied as a result of tax.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.

If demand or supply is elastic, the deadweight loss of tax is higher. If demand or supply is inelastic, the deadweight loss of tax would be lower.

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Yo Mamma Shops, Inc. can open a new store that will do an annual sales volume of $837,900. It will turn over its assets 1.9 time

solong [7]

Answer:

Net Income = $67,032

Return on assets = 0.152 = 15.2%

Explanation:

Profit Margin = Net Income / Net sales

Net Income =Profit Margin x Net sales

Net Income = 8% x $837,900

Net Income = $67,032

Asset Turnover = Net Sales / Average total assets

1.9 = $837,900 / Average total assets

Average total assets = $837,900 / 1.9

Average total assets = $441,000

Return on Assets = Net Income / Average total Assets

Return on Assets = $67,032 / $441,000

Return on Assets = 0.152 = 15.2%

5 0

4 years ago

A proximity sensor attached to the tip of an endoscope could reduce risks during eye surgery by alerting surgeons to the locatio

lilavasa [31]

Answer:

He could afford to spend $133,411 for the device now.

Explanation:

The maximum the surgeon could afford for the device is equal to the sum of present value of the lawsuit costs that he can avoid in year 2 and year 5 which is:

+ Year 2: 600,000 * %out-of-pocket cost for the law suit = 600,000 * 10% = $60,000;

+ Year 5: 1,350,000 * %out-of-pocket cost for the law suit = 1,350,000 * 10% = $135,000.

=> The amount he can afford for the device = 60,000 / 1.1^2 + 135,000 / 1.1^5 = $133,411.

So, the answer is $133,411.

7 0

4 years ago

According to marx, the best economic system would be one where the means of production and distribution are in the hands of the

ololo11 [35]

Karl Marx is the founder of modern communism. Bourgeousie defines the capitalists, those who own the means of production and who take advantage of the labor (work) of the proletariat (the mass of workers who do not own the means of production and are not fairly compensated for their work).
<span>The statement that according to Marx, the best economic system would be one where the means of production and distribution are in the hands of the bourgeoisie is false. In contrast, according to Marx the best economic system would be </span><span>one where the means of production and distribution are in the hands of the proleteriat.</span>

3 0

3 years ago

Scholars have noted each of the following elements that explain the importance of conferences EXCEPT:

Temka [501]

Answer:

Explanation:

Conferences demand that schools and their leaders pay more attention to conference issues than to those of national governing bodies like the NCAA. Issues need to be chosen by its importance to the vast majority. If the issue that is affecting the vast majority of the population revolves around external factors such as those of a national governing body then those are the issues that the conference should revolve around. The conference needs to adapt to what is most important always.

8 0

3 years ago

Which is a set of values that reflect the importance of discipline and hard work?

valkas [14]

Answer:

I think the answer is c.work ethic

4 0

2 years ago

Read 2 more answers