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3 years ago

Taxes are costly to market participants because they

1 answer:

5 0

Considering the available options, Taxes are costly to market participants because <u>All of the above is correct</u>.

This is evident in that taxes are costly to market participants because they "transfer resources from market participants to the government."

The resources here are capital resources which come in the form of money.

Also, taxes are costly to market participants as it alters the incentives to buy or conduct business.

Again, taxes are costly to market participants because they alter or affect the market outcomes.

Hence, in this case, it is concluded that the correct answer is option D. "All of the above is correct."

Learn more here: brainly.com/question/19374874

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Business at Korey's Comics has been good, and Korey expects the same business next month. However, due to an increase in busines

Bezzdna [24]

Answer:

ADDITIONAL REVENUE & ADDITIONAL COST

Explanation:

If Korey has made the decision to bring on an extra hand to help run the store in the afternoons and the new employee will make $435 per month; then there are 2 changes that will happen to the monthly net income

1. Increased Revenue: Since the new employee will be bringing in additional revenue of $435, then the direct impact of that is an increment in the revenue line of the income statement

2. Increased Costs: Secondly, this change will affect Korey's monthly net income in the area of cost because he has to pay the extra hand some sort of monthly salaries which will have a reducing effect on profit.

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4 years ago

On July 1, 20x1, Fox Co. purchased as a held-to-maturity investment $5,000,000 of Owl, Inc.'s 8% bonds for $4,580,000, including

Dimas [21]

Answer:

The amount fox should report on Dec 31,20x1 = $4,556,500

Explanation:

The carrying amount of bonds = $4,580,000 - $50,000

The carrying amount of bonds = $4,530,000

Amortization of discount from july 1 to dec 31 (6 months):

Interest Revenue = $4,530,000* 10% * 6/12

Interest Revenue= $226500

Interest Receivable = $5,000,000 * 8% * 6/12

Interest Receivable = $200000

Discount amortized =Interest Revenue - Interest Receivable

Discount amortized = $226500 - $200000

Discount amortized = $26500

So:

The amount fox should report on Dec 31,20x1 = $4,530,000 + $26500

The amount fox should report on Dec 31,20x1 = $4,556,500

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3 years ago

The arguments for restricting trade Suppose there is a policy debate regarding the United States’ imposing trade restrictions on

Ilya [14]

Answer:

Infant-industry argument

Explanation:

Infant-industry argument says that a particular industry can't compete with other international competitors because of the economies of scale. So, they demand a temporary protection until they gain economies of scale to be ready to compete on a level playing field.

Note: This can also come in the category of 'unfair competition' argument as huge economies of scales of well established companies create an unfair environment for nascent industries to compete on a same level.

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3 years ago

What is the purpose of clarifying butter?

Naily [24]

it's b (: it's simply regular butter but with the milk solids removed.

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3 years ago

Read 2 more answers

Which set of changes is definitely predicted to lower real gdp in the short run?

Tatiana [17]

D. foreign real national income falls and wages rates rise.

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4 years ago