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1 year 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]1 year 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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The Super Discount store (open 24 hours a day, every day) sells 8-packs of paper towels, at the rate of approximately 420 packs

BlackZzzverrR [31]

Answer:

a) 2,093

b) It will reorder once there are 420 units left (demand during lead-time)

c) 34 days

Explanation:

a) economic order quantity

$Q_{opt} = \sqrt{\frac{2DS}{H}}$

<u>Where:</u>

D = annual demand = 21,900

S= setup cost = ordering cost = 50

H= Holding Cost = 0.50

$Q_{opt} = \sqrt{\frac{2(21,900)(50)}{0.50}}$

EOQ = 2092.844954

b) it takes four days to arrive:

if it sale 420 units per week then:

420 x 4/7 = 240 units are demand during delivery

c) order cycle:

EOQ / Annual Demand

2,093 / 21,900 = 0,09557 x 365 = 34.8333 days

It will order every 34 days (if it orders after 35 days will face shortage)

3 0

2 years ago

Suppose that, for every 1-percentage-point decline of the discount rate, commercial banks collectively borrow an additional $2 b

almond37 [142]

Explanation:

Decline by $0.5 billion and the money supply will decline by $2.5 billion.

4 0

1 year ago

Of the value creation activities in a company, which of the following is concerned with the design of products and production pr

Leni [432]

The value creation activities that deals with the design of products and production process is RESEARCH AND DEVELOPMENT.
Value chain activities are those activities that are put in place in order to create a product and get it to the final consumers. The series of activities involves include: research and development, production, marketing and sales and customer service.

3 0

1 year ago

Read 2 more answers

Orlando Builders Inc. issued a bond with a par value of $1,000, a coupon rate of 9.00% (semiannual coupon), and a yield to matur

Rudik [331]

Answer:

Price of bond = $1,365.54

Explanation:

<em>The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>

Value of Bond = PV of interest + PV of RV

The value of bond for Orlando Builders Inc. can be worked out as follows:

Step 1

PV of interest payments

Semi annul interest payment

= 9% × 1000 × 1/2 = 45

Semi-annual yield = 5.80%/2 = 2.9 % per six months

Total period to maturity (in months)

= (2 × 19) = 38 periods

PV of interest =

45 × (1- (1+0.029)^(-21)/0.029)= 1028.087

Step 2

PV of Redemption Value

= 1000 × (1.029)^(-19×2) =337.45

Price of bond

= 1028.08 + 337.45 =1365.54

Price of bond = $1,365.54

7 0

2 years ago

Pacifica Industrial Products Corporation makes two products, Product H and Product L. Product H is expected to sell 40,000 units

Lisa [10]

Answer:

Product L= $34

Product H= $34

Explanation:

Giving the following information:

Product H is expected to sell 40,000 units next year and Product L is expected to sell 8,000 units.

A unit of either product requires 0.4 direct labor-hours.

Estimated overhead= $1,632,000. R

First, we need to calculate the estimated overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 1,632,000/(48,000*0.4)

Estimated manufacturing overhead rate= $85 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Product L= 85*0.4= $34

Product H= 85*0.4= $34

3 0

1 year ago