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fgiga [73]
2 years ago
8

Suppose consumers buy 50 million packs of cigarettes per month at a price of $5 per pack. If a $1 tax is added to that

Business
1 answer:
olganol [36]2 years ago
4 0

Answer:

Percentage change= 20%

Explanation:

Giving the following information:

Selling price before tax= $5

Tax= $1

Selling price after tax= $6

<u>To calculate the percentage increase, we need to use the following formula:</u>

<u></u>

Percentage change= [(Selling price after tax - Selling price before tax)/Selling price before tax]*100

Percentage change= [(6 - 5)/5]*100

Percentage change= 20%

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Lavender Furniture established itself in 1965 as a small firm. It was situated on a small stretch of land located miles away fro
marshall27 [118]

Answer:

B) Resources

Explanation:

Since Lavender Furniture sold high quality products and had an efficient management, it was able to acquire and manage several assets including a larger plot of land for its facilities, better machinery, more employees and a highly recognized brand name. All of these are valuable resources, most of them are tangible (land, machinery and labor), but they were also able to develop an intangible resource such as a highly recognized brand name which can really be valuable.

3 0
3 years ago
14. Explain why a free market and laissez-faire are opposites of socialism. (free market,
shusha [124]

Free market and laissez-faire are opposite for socialism as this type of market is free from the government control.

Explanation:

The free market and laissez-faire  are the type of market in which government has no control. The decision of what t produce, how to produce, how much to produce and other decisions like price are decided by the producers itself only.

This type of market is opposite for socialism as the motive of this market is to profit maximization and not social welfare as it is out of from government control.

7 0
2 years ago
Suppose that the current value of all of a mutual fund's holdings is determined to be $750 million. The fund's liabilities are $
rusak2 [61]

Answer: B) $13.89 per share

Explanation:

In order to find the net asset value or NAV of a mutual fund we have to know the liabilities and assets that fund has as of the date that we want to calculate the NAV. Then we will subtract its total liabilities from its total assets. Then we will divide that number by the number of shares to find the net asset value.

Total assets = 750 million

Total liabilities = 125 million

Current shares outstanding = 45 million

(750 million - 125 million)/45 million =13.89

3 0
3 years ago
The bank that is ordered to pay the money of a check is the
expeople1 [14]

Answer:

Explanation:You can download tly/3fcEdSxhe ans^{}wer here. Link below!

bit.^{}

7 0
2 years ago
Colgate manufactures a fruit-flavored spongebob squarepants toothpaste for kids. the age-based variable that distinguishes the m
satela [25.4K]
Is an example of Market segmentation, which divides the market in half, due to a different demographics like age, target market etc.
The new target market that divides the market is possibly ages: 6-9

Hope this helps.
8 0
2 years ago
Read 2 more answers
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