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Nezavi [6.7K]
4 years ago
10

What is a federal and/or state tax on specific goods like gasoline, tires, airfare, or cigarettes?

Business
2 answers:
amm18124 years ago
8 0
An excise tax is a <span>federal and/or state tax on specific goods like gasoline, tires, airfare, or cigarettes. Excise taxes are most always included in the price of the product.</span>
JulijaS [17]4 years ago
7 0

excise tax, which is a federal and/or state tax on specific goods such as gasoline, tires, airfare, and cigarettes.

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3. For a nonrival good like pay-per-view television programs, the private market will lead to: consumption of too much of the go
GalinKa [24]

Answer: It will lead to consumption of too much of the good.

Explanation: The Scenario displayed here is a Monopolistic Market operated by the pay per view television programs E.g Multichoice

5 0
4 years ago
Which of the following statements is true of low customer contact businesses? a. Customer access is relatively important when co
Neko [114]

Answer:

the answer is B

Explanation:

why ? most of the company's care about the customer , but it depends how big is their market and also what they are offering , so the small restaurants or even dry cleaners , their business are not without huge demand , the customer and the restaurant have a low contact, or the usually use a complaints and claims box where the customer can express your opinion of the restaurant service.

3 0
3 years ago
Six people are introduced at a business convention if each person shakes hands with each of the others how many handshakes will
Leviafan [203]

<span>If 6 people meet and shake hand with each other. First person will shake hand with other 5, second person had already shaked hand  with 1st person and shake hand with other 4, and so on…</span>

So, the total no. of handshakes= 5+4+3+2+1=15 shakes

The other way to calculate this is by the formula n (n+1)/2

Where n is the no. of shake hands by very first person and that is 5.

So, the total no. of handshakes=5(5+1)/2

= 5(6)/2

=30/2

=15 shakes

3 0
3 years ago
Brad has purchased a new boat for $20,000. He paid $3,000 as down payment and he paid the balance by a loan from his hometown ba
Pachacha [2.7K]
  • Monthly payment = $753.45
  • Interest in first month = $85

First remove the amount paid as down payment:

= 20,000 - 3,000

= $17,000

The amount to be paid monthly is a constant amount which would make it an Annuity.

The $17,000 is the present value of this Annuity so the formula for present value of annuity can be used to find the annuity.

The payment is monthly so the rate and number of periods needs to be converted:

Rate = 6%/12 = 0.5%

Period = 2 x 12 = 24 months

Annuity is:

<em>Present value of Annuity = Annuity x ( 1 - (1 + rate) ^- number of periods) / rate </em>

17,000 = A x ( 1 - ( 1 + 0.5%)⁻²⁴) / 0.5%

17,000 = A x 22.5628662

A = 17,000 / 22.5628662

A = $753.45

The interest in the first month is:

<em>= Interest rate x Amount borrowed </em>

= 0.5% x 17,000

= $85

In conclusion, the monthly payments will be $753.45 and the interest in the first month will be $85.

<em />

<em>Find out more at brainly.com/question/20691724.</em>

6 0
3 years ago
The basic control process of business begins with _____.
aliya0001 [1]

Answer:   Option C

Explanation:

A. Achievement of organizational goals is the result for which the controlling process is initiated.

B. Taking corrective action is the second last step in controlling process.

C. Controlling process starts with the establishment of standards from which the actual performance will be compared.

D. Comparison is the second step in controlling process.

E. Identification will be done only after the comparison and detection of deficiencies in the process.

5 0
3 years ago
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