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Setler79 [48]
3 years ago
8

4. Tim moves to a different state and buys a house in his new city. His new house is bigger than the apartment he lived in befor

e, so he also buys new furniture. His property taxes are higher for his new house, but sales tax he pays on his new furniture is lower. Which of these taxes is progressive, and which are regressive? What is the difference between a progressive and a regressive tax? (8 points)
Business
1 answer:
Rufina [12.5K]3 years ago
3 0

Answer:

Property tax is progressive

Sales Tax is regressive

A progressive tax is one that takes a higher proportion of revenue from high-income people than it does from low-income people. A regressive tax is one that takes a higher percentage of low-income people's income than it does from high-income people.

Explanation:

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A furniture retailer wanted to grow but not open too many new stores. The company started opening boutique hotels instead. A man
Vikentia [17]

Answer:

was thinking "outside the box" by designing a growth strategy

Explanation:

On the given scenario the business wanted to grow but not open more furniture shops.

The strategy chosen will achieve more growth while expanding into another operation line (boutique hotels).

The supply of furniture to these boutique hotels as internal decorations and as purchase from guests is an innovative way for the furniture business to grow without opening new stores.

This is an example of thinking outside the box.

5 0
3 years ago
You go to the grocery store to buy a gallon of milk, expecting to pay $4.50 for it. Once you get there, you discover it is on sa
DIA [1.3K]

The extra $2 that you saved on the $4.50 you were willing to pay for it represents consumer surplus. Consumer surplus is the difference between the total amount that a consumer is willing to pay for a good or service versus what they actually pay for the good or service. The $2 represents what the consumer was willing to pay for the milk.

3 0
3 years ago
The percent yield of product is calculated by:________.
Anuta_ua [19.1K]

Answer:

percent yield graphic

Explanation:

Percent yield defines that it is the ratio of the percentage of actual yield to the yield of theoretical.

To compute the percent yield of the product we simply divided the actual yield by yield of theoretical and after the result we do the multiply with 100 to get the result in percentage form. In this case,, if we found that actual and theoretical yield is similar then the percentage of yield will be 100 percent.

5 0
3 years ago
Loggers, conservation agents, and miners are often outside. What would be good or bad about working outside?
34kurt
Why It Would Bd Good:

Getting outdoors can do great things for your health. Reducing stress, lowering blood pressure and improving immune function are among nature's health benefits. What's more, incorporating elements of nature into your workday can also give your brain a boost, resulting in increased productivity, focus and creativity

Why It Would Be Bad

You could pass out, and there’s many health issues, that come when people have outside jobs.
4 0
4 years ago
Aimee is decorating her new house. She found a table at
AnnyKZ [126]

Answer:

i think it is 318.75

Explanation:

6 0
3 years ago
Read 2 more answers
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