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3 years ago

Why do we pay taxes and what happens if we do not pay them?

Business

2 answers:

ExtremeBDS [4]3 years ago

5 0

Answer:

Most people pay income tax in the form of withholdings throughout the year. But if no one offers their own income tax, it means a significant increase in tax evasion, and much less money for the federal government, which already has a large deficit

Explanation:

jonny [76]3 years ago

4 0

What the guy above me said :^

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A dentist shares an office building with a radio station. The electrical current from the dentist's drill causes static in the r

nydimaria [60]

Answer:

a. Would it be economically efficient for the dentist to buy and put up a shield? Why or why not? By how much would total surplus change?

No, it is not economically efficient for the dentist to buy the shield.

b. Would it be economically efficient for the radio station to buy and put up a shield? Why or why not? By how much would total surplus change?

No, it is not economically efficient for the radio to buy the shield.

c. Would it be economically efficient for the dentist to buy a new drill? Why or why not? By how much would total surplus change?

No, it is not economically efficient for the dentist to buy the drill.

d. Would it be efficient for the radio station to buy the dentist a new drill? Why or why not? By how much would total surplus change?

Yes, it is economically efficient for the radio to buy the dentist a new drill. The Coase Theorem is an economic theory that states that economic conflicts must be solved regardless of who had the initial rights of whatever is on dispute. In this case, the dentist is causing harm to the radio, but he is doing OK. So the radio has a problem, not the dentist. The radio needs to solve its problem, so they should buy the dentist a new drill.

The economic surplus = $10,000 - $6,000 = $4,000, that means that the radio will be $4,000 better.

6 0

4 years ago

Because the U.S. government wants to reduce the nation's reliance on fossil fuels, greater use of solar panels has been encourag

Lynna [10]

Answer: B. Increase monetary benefits for the use of solar panels.

Explanation:

The cost of installing the solar panels can be prohibitively expensive for most people which means that it would lead to them spending more money to install the solar panel.

If the government therefore wants to encourage people to install it, they should offer monetary benefits that would make people feel like they are getting some of the money they spent on the installation back.

6 0

3 years ago

Most entrepreneurs do not have enough money of their own to start their businesses. when they acquire the necessary funds from s

Furkat [3]

Their investments (in the things they need to run the new company) are being financed by someone else's savings

6 0

4 years ago

The owner’s equity isa. added to assets and the two are equal to liabilities b. added to liabilities and the two are equal to as

oksian1 [2.3K]

Answer:

The correct answer is letter "B": added to liabilities and the two are equal to assets.

Explanation:

Owner’s equity mostly known as the shareholders' equity is a measure of a company's net worth. Shareholder's equity is calculated using the following formula:

Shareholders' Equity = Total Assets - Total Liabilities

Thus:

Shareholders' Equity + Total Liabilities = Total Assets

Shareholders' equity comes from two pots of money: the first port has money that was initially invested in the company, and any subsequent investments. The second pots contain retained earnings that are the gains the company holds on to and do not pay out as dividends to its shareholders.

6 0

3 years ago

8. Meat should be frozen at _______ degrees Fahrenheit.

yan [13]

Answer:

The correct answer is C, -20 to -10 degrees Fahrenheit.

Explanation:

Foods should be stored at a temperature of zero degree Fahrenheit. The quality of the food remains same if frozen at zero degrees. But to have the best quality maintained, the meat should be stored at -20 to -10 degrees Fahrenheit. Because at zero degrees, bacteria becomes dormant and the foods can remain in their original condition. Raw foods like meat etc can be stored for more than 4 to 6 months, cooked foods should not be stored more than 3 months.

3 0

4 years ago