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LuckyWell [14K]
2 years ago
14

The economic survey 2018 suggest that the psychological biases can be used in the realm of tax compliance. It is in favour of us

ing religious norms such "dying in debt is a sin" to improve tax compliance. Identify the related dimensions of business environment. Answer (a) Legal and social dimension (b) Social, and economic dimension (c) Technological and political dimension (d) Political and economic dimension
Business
1 answer:
almond37 [142]2 years ago
3 0

Answer:

(b) Social, and economic dimension

Explanation:

The dimensions of a business environment refers to the various factors that must be taken into consideration so as to have a sustainable business in a particular environment. These factors include the economic, legal, social, technological and political policies guiding a particular environment. If these factors are disregarded, the business can easily crumble.

In the question above, social factors that involve the incorporation of norms, values, beliefs, traditions, impact, and social trends ensures the smooth running of the business.

In the economic dimension, economic policies and systems that include taxes, interest rates, unemployment rate, stock market indices, etc. play a key role in the success of the business.

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The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processin
jekas [21]

Answer:

$142,524

Explanation:

The computation of the total cost assigned to the ending work in process

inventory is shown below:

As we know that

Total cost =  Material + Labor

where,  

Material = 21,400 units × 100% × $3.60 = $77,040

And,

Labor = 21,400 units ×  60% × $5.10 = 65,484

So, the total cost is $142,524

We simply added material and the labor cost according to their completion percentage and its cost per equivalent units

7 0
3 years ago
The weekly total cost of baking pies at Tasty Tortes is given by TC = 0.01 Q 1.5. Tasty’s marginal cost of producing 10,000 pies
Hoochie [10]

Answer: $1.50

Explanation:

TC = 0.01Q⁰.⁵

You get marginal cost when you differentiate the total cost.

MC = dTC / dQ

= 1.5 * 0.01 * Q¹.⁵ ⁻ ¹

= 0.015 * Q⁰.⁵

When Q is 10,000, the marginal cost is:

= 0.015 * 10,000⁰.⁵

= $1.50

3 0
2 years ago
Lance owns Lance Lawns Irrigation Systems, LLC, a company that installs and maintains underground lawn irrigation systems. Busin
erma4kov [3.2K]

Answer:

The correct answer is option C.

Explanation:

There is a recession in the economy. It has lead to a reduction in the construction of new houses. This has affected Lance's business adversely. Also, the banks are going to increase the interest rates for the credit or reduce the credit limit.  

An expansion in the economy will be helpful for Lance's business. If feds reduce interest rates, the cost of borrowing will decrease. This will boost investment in the economy. With the increase in investment production and income increase as well. This will create more demand in the economy.

5 0
2 years ago
What should I make handmade for a Christmas gift
Llana [10]

Answer:

it really depends on the person what is that person into like maybe draw one of theree favroite things paint them something thats all i can think of for homemade

Explanation:

5 0
2 years ago
Read 2 more answers
What are the five economic activities?
slava [35]

The five economic activities are:

producing, exchanging, consuming, saving, and investing.


100% Correct on Gradpoint :)

4 0
3 years ago
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