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gavmur [86]
3 years ago
11

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

Business
2 answers:
Sloan [31]3 years ago
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:

You might be interested in
CalPERS, the California Public Employees Retirement System, manages over 240 billion dollars in assets. As an example of shared
Sphinxa [80]

Answer:

The correct option is true

Explanation:

Shared activism refers to the use of direct action in achieving a goal as in the case of people refusing to leave a house marked for demolition in order to protect the house from being demolished.

CalPERS as a pension fund manager coupled with being a major shareholder in many of the firms where it holds investment has just employed the strategy of direct intervention known as shared activism in order  that the value of its  portfolio is optimized.

5 0
3 years ago
A construction company provides hard hats to employees working at a construction site. This measure taken by the company for its
Sliva [168]

Answer:

<u>d. Occupational Safety and Health Act.</u>

Explanation:

When a company provides necessary instruments for the safety of employees in carrying out their tasks, this means a provision of the Occupational Health and Safety Act.

This is a US labor law that was enacted in 1970 and governs federal occupational health and safety law in the private sector and the federal government in the United States.

The main objective of this law is to ensure that the employer offers adequate protection to employees exposed to unhealthy working conditions, stress, excessive noise levels, exposure to toxic products, mechanical hazards, etc.

4 0
3 years ago
Read 2 more answers
DrexlerDrexler had no stock transactions in 20182018​, so the change in​ stockholders' equity for 20182018 was due to net income
erastovalidia [21]

Answer:

Drexler's net income for 2018 was $300,000.

Explanation:

Assuming the following asset and liability figures for Drexler (missing in the question):

On 31 December 2017:

Total assets                  $330,000

Total liabilities              $25,000

On 31 December 2018:

Total assets                  $560,000

Total liabilities              $35,000

Hence, during the year 2018:

Increase in total assets = $560,000 - $330,000 = $230,000

Increase in total liabilities = $35,000 - $25,000 = $10,000

According to the accounting equation:

Capital = Assets - Liabilities

Hence, Change in Capital = Change in Assets - Change in Liabilities

                                           = $230,000 - $10,000

                                           = $220,000

According to the statement of retained earnings:

Change in stockholders' equity (i.e. capital) = Net income - Dividends

$220,000 = Net income - $80,000

Net income = $220,000 + $80,000

Net income = $300,000

7 0
3 years ago
you own $750000 worth of stock, and you are worried the price may fall by year-end in 6 months. you are considering
timofeeve [1]

Answer: D. I, II, and III

Explanation:

If expecting a price deduction, you can buy Put options. These give you the right to sell an underlying stock at a certain price regardless of what the price in the market is. If you purchased this, you can sell your stock above market value if it does go down.

You can sell write call options for a fee where you give the buyer the right to buy your shares at a certain price in future. This is only valuable if prices rise so as you are expecting prices to fall, you could make a premium on the call option contract fees if prices fall without having to sell off your shares.

Hedging with puts is better than short calls if you are expecting a major stock price decline as the opportunity for profit is higher.

8 0
3 years ago
A fundamental cause of the "tragedy of the commons" is
sergiy2304 [10]
The lack of property rights
6 0
3 years ago
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