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3 years ago

In three to four sentences, explain how taxes influence consumer decisions and buying power.

2 answers:

8 0

Factors such as price and production costs help determine the market supply curve.
Most states impose sales tax on some goods and services as a means of generating revenue. However, sales taxes also influence consumer behavior. These influences, along with the basic financial impact of sales tax, are evident on supply and demand curves when sales tax rates increase or a state imposes a new sales tax.

Alja [10]3 years ago

6 0

Answer:

Income taxes reduce the amount of money that an employed individual brings home. This causes individuals to have less disposable income to spend. Additionally, when taxes are applied to goods that consumers purchase, they are spending more for individual items. This means that many consumers must weigh their opportunity costs and decide between items to purchase

Explanation:

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Henry Crouch's law office has traditionally ordered ink refills 55 units at a time. The firm estimates that carrying cost is 40%

defon

Answer:

Its action would be optimal given an ordering cost of $28.31 per order

Explanation:

According to the given data we have the following:

economic order quantity, EOQ= 55 units

annual demand, D=235

holding cost per one unit per year, H=40%×$11=$4.4

ordering cost, S=?

In order to calculate the ordering cost we would have to use the following formula:

EOQ=√(2×D×S)

(H)

Hence, S=(EOQ)∧2×H

2×D

S=(55)∧2×4.4

2×235

S=13,310

470

S=$28.31

Its action would be optimal given an ordering cost of $28.31 per order

4 0

3 years ago

Wilson is viewed by his boss as driven, tenacious, and conscientious in the pursuit of his goals. these characteristics fit with

zepelin [54]

These are examples of work-related characteristics

3 0

4 years ago

Which would be a likely cause of an increase in the demand for pizza? a reduced desire for take-out and fast-food dining a decre

TiliK225 [7]

I think the correct answer to this would be:

“A health report showing eating pizza reduces stress”

If health news about pizza reducing stress would come out, people’s willingness to buy pizza would definitely increase. This is because of the additional positive reinforcer, reducing stress, associated with the great taste of pizza that people would definitely buy this.

4 0

3 years ago

For each of the following corporate formations, (1) write the amount of gain or loss that will be recognized by the shareholders

Maslowich

Answer:

Back Stop, Inc.

1. The amount of gain or loss that will be recognized by the company:

a. $30,000 gain

b. $80,000 loss

2. The corporation's basis in the property after the transfer:

a. $150,000

b. ($80,000)

Explanation:

1) Data and Calculations:

a. Building $150,000 Capital, Kelly $120,000 Unrealized gain $30,000

b. Unrealized loss $80,000 Capital, Kelly $80,000

2) The building contributed by Kelly is worth $150,000 for the corporation. However, the contribution by John is worth nothing in real terms. Instead, an unrealized loss is being suffered by the corporation.

3 0

3 years ago

What is the cause of prices dropping?

Andrej [43]

Answer:

When prices drop people usually go buy it even if it is a little drop.

Explanation:

They go because of a phycological difference in price.

5 0

3 years ago

Read 2 more answers