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2 years ago

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

2 answers:

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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]2 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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Environmental recovery company RexChem Part- ners plans to finance a site reclamation project that will require a 4-year cleanup

kvv77 [185]

Complete question Text:

Environmental recovery company RexChem Partners plans to finance a site reclamation project that will require a 4-year cleanup period. The company will borrow $1.8 million now to finance the project. How much will the company have to receive in annual payments for 4 years, provided it will also receive a final lump sum payment after 4 years in the amount of $800,000? The MARR is 10% per year on its investment

Answer:

We are going to receive annual payment of $395,471

Explanation:

We solve for the present value of the lump-sum today:

PRESENT VALUE OF LUMP SUM

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 800,000.00

time 4.00

rate 0.1

$\frac{800000}{(1 + 0.1)^{4} } = PV$

PV 546,410.76

Now, we deduct this fromthe 1,800,000 loan:

1,800,000 - 546,410.76 = 1,253,589.24

this value will be the amount the yearly installment will ghave to pay.

Installment of a present annuity

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 1,253,589.24 €

time 4

rate 0.1

$1253589.24 \div \frac{1-(1+0.1)^{-4} }{0.1} = C\\$

C $ 395,470.805

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2 years ago

Alice is trying to save money, so she decides she’ll only buy renters insurance if and when something bad happens at her apartme

ahrayia [7]

Answer:

The correct answer is letter "D": Insurance companies will only cover losses suffered while the policy is already in place.

Explanation:

Regardless of the type of insurance you purchase, the purpose of the coverage is having a policy in case an unexpected unfortunate event takes place. Insurances do not enroll individuals who need the policy just because of an ongoing accident. Those individuals could enroll in an insurance plan but the ongoing accident will not be covered by the company. Only those events happening when the policy is already valid are subject to evaluation for coverage.

7 0

2 years ago

Cooper's native country of Evensplitia was much different from the United States. In addition to its higher tax rates, the gover

ra1l [238]

Answer:Evensplitia operated SOCIALISM

Explanation:

Socialism is a political and economic system where every individual in the society controls the factors of production, it's means and distribution eg machinery, tools, factories used to produce goods to directly satisfy human wants and needs.

Here, ownership is acquired either through a democratically elected government or through a cooperative or a public corporation and everyone has shares.

Distribution decisions are made by the government or public corporation and individuals depend on the state for every basic thing. The government determines the output and pricing levels of these goods and services for the benefit of the community.

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2 years ago

Direct materials needed for production is calculated by_________.

professor190 [17]

Answer:

d. multiplying units to be produced by direct materials per unit.

Explanation:

To determine the total direct material, key parameters required are the direct material cost per unit and the number of units to be produced. The product of these two parameters gives the direct material cost required for production.

For example, if there are 10 units of an item to be produced and the direct material cost per unit is $4, the direct material cost needed for production is $40 derived from the product of the number of units and the direct material cost per unit.

Therefore, the right option is d. multiplying units to be produced by direct materials per unit.

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2 years ago

Jackie’s Coffee is a sit-down café with a wait staff that takes customers’ orders. Jackie's competitor, Johnny's Coffee Shack, s

Pani-rosa [81]

Answer:

differentiated by quality/design

Explanation:

In this scenario the two coffee shops have different strategies for sale. While Jackie's coffee is a sit down cafe with a waiter service that takes personalised orders, Johnny's coffee sells at various kiosks it owns.

These two businesses are differentiated by quality or design. Jackie's has more quality because of the personalised service provided to customers.

Jackie uses design of a sit down cafe in one location, while Johnny's business design is to sell coffee at various locations (kiosks)

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2 years ago