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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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Answer:

Resources are limited in supply(scarcity) while wants are unlimited thus one has to make a choice to satisfy a need.Some choices are forgone(opportunity cost)

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3 years ago
During 20x8, a firm discontinued a component qualifying for separate disclosure within the income statement. The disposal was co
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Answer:

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Explanation:

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3 years ago
Which of the following statements is TRUE?
natita [175]

Answer:

B. Mutual funds are actively managed while index funds are

passively managed.

Explanation:

Both mutual funds and Index funds are both portfolio investment Instruments. They comprise of a basket of stocks as opposed to single equity.

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Mutual funds will attract a higher commission than index funds to cater for the funds' manager's fee.

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3 years ago
Given the graph below, determine the average cost of utilities for both Orlando, FL and Indianapolis, IN during the 6 month peri
kirza4 [7]

Answer:

c.

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Just did the practice on there for Home Ownership

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Certain trends in the recent past have changed the way that businesses are managed and controlled. Four important recent busines
Stolb23 [73]

Answer:

b. Companies are benefiting from e-commerce by buying and selling their products and services to consumers online.

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This is the example that shows the pure application of IT in business. E-commerce platforms are something every business that has an online presence has in common. Although businesses can differ by industry or niche, e-commerce is a common information technology trend.

The A. answer may indicate that it is IT related, but it is actually more related to globalization and outsourcing.

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3 years ago
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