1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
docker41 [41]
3 years ago
10

Taxes on cigarettes are designed to a. lower the price to reflect their true benefits b . encourage farmers to grow more tobacco

. raise the price to reflect their true costs d. restrict sales to government-owned stores
Business
1 answer:
SOVA2 [1]3 years ago
5 0

Answer:

c

Explanation:

A tax is a compulsory sum levied by the government or an agency of the government on goods and services. Taxes increases the price of a good. the aim of tax on cigarettes is to increase the price of cigarettes. this should discourage consumption of cigarettes. taxes on cigarette reflect the true cost of consuming cigarettes

You might be interested in
On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $85,360 in assets in exchange for i
dlinn [17]

Based on the financial details of Ernst Consulting, the Income Statement would be:

                                  Ernst Consulting Income Statement

Revenue

Consulting revenue                                    <u>           18,350</u>

Total revenue                                                     <u>    18,350</u>

Expenses

Miscellaneous expenses                   720

Rent expense                                  4,820

Salaries expense                            8,370

Telephone expense                          910

Total Expenses                             <u>                          (14,820)</u>

Net Income                                                              $3, 530

<h3>What is the Net Income used for?</h3>

The net income allows the company to see its total profits for the year after expenses have been accounted for.

It is calculated by deducting expenses from the revenue like Ernst Consulting's income statement shows.

Find out more on the Income Statement at brainly.com/question/21851842.

#SPJ1

6 0
2 years ago
Baker Corporation has provided the following production and total cost data for two levels of monthly production volume. The com
kipiarov [429]

Answer:

$1,078,560

Explanation:

The computation of the total manufacturing cost is shown below:

= Direct material + direct labor + manufacturing overhead cost

where,

Direct material = cost of 6,000 units × (estimated units ÷ given units)

                        = $194,400 × (6,300 units ÷ 6,000 units)

                        =  $204,120

Direct Labor = cost of 6,000 units × (estimated units ÷ given units)

                     = $74,400 × (6,300 units ÷ 6,000 units)

                     = $78,120

Manufacturing overhead = cost of 6,000 units × (estimated units ÷ given units)

                                          = $758,400 × (6,300 units ÷ 6,000 units)

                                          = $796,320

Now put these values to the above formula  

So, the value would equal to

=  $204,120 + $78,120 + $796,320

= $1,078,560

6 0
3 years ago
Which of the following are the names given to the two types of stock purchasers?
AlekseyPX

Answer: Common and Preferred Stock Purchasers

Explanation:

6 0
2 years ago
In order to lower his monthly auto insurance bill, Henry has decided to change his existing policy by increasing the deductible
Len [333]

<span>Since Henry decided to increase the deductible on his existing insurance policy, his monthly auto insurance premium will be lower. This means that higher deductible means lower premium payments. It also affects the insurance coverage of Henry because this mean that Henry must shoulder a specific amount (or high cash-out) before the claim is paid by the insurance company.</span>

7 0
3 years ago
Read 2 more answers
Rent control policies tend to cause
Savatey [412]

Answer:

The correct answer is d.  relatively smaller shortages in the short run than in the long run because supply and demand tend to be more inelastic in the short run than in the long run.

Explanation:

Rent control laws set limits on how much landlords can charge rent. The rent control laws specify:

  • What types of properties qualify for rent control.
  • How often rent limits can be adjusted.
  • How rent limits can be adjusted. Most rent control laws link increases in rental limits to an annual percentage of inflation in a local consumer price index.
  • The conditions when a property is "out of control."
  • Restrictions on the eviction of the tenant with rent control.

There are no federal rent control laws since the US Supreme Court. UU. He ruled that rent regulation is a state issue. Most states do not have rent control laws regulated. Only some cities and communities in some states continue to apply them.

In the United States, rent control laws were adopted during World War II when the country was experiencing a housing shortage. President Richard Nixon then passed the wage and price laws that influenced the modern rent control laws that are still being applied today. This is why most rent control laws usually apply to older properties built before 1980.

5 0
3 years ago
Other questions:
  • The federal government doesn't have a capital budget; however, private enterprises do have a capital budget and when they invest
    7·1 answer
  • Moral hazard and adverse selection have different timing with respect to the purchase of insurance. in other words, one is of in
    11·1 answer
  • Which of the following statements is correct?
    5·1 answer
  • Ajak Corporation owns​ 85% of the single class of Utech Corporation stock. Utech Corporation owns​ 35% of Tech Corporation. Ajak
    5·1 answer
  • On June 30, Petrov Co. has $128,700 of accounts receivable. July 4 Sold $7,245 of merchandise (that had cost $5,000) to customer
    5·1 answer
  • Chevron Corporation is one of the largest integrated oil companies in the world. Its management is assessing the world marketpla
    12·1 answer
  • The December 31, 2018, inventory of Tog Company, based on a physical count, was determined to be $470,000. Included in that coun
    5·1 answer
  • Match the following theories to their best descriptive statements: A. Cost benefit analysis for finding the best possible result
    15·1 answer
  • Assume that your total cost per unit to make a snack is $4.50. Your company is using a cost-plus pricing strategy and would like
    7·1 answer
  • Leon, age 14, is a dependent of his parents. In 2020 he earned $6,500 from a part-time job and $7,500 of interest income on bond
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!