Business, 25.03.2020 02:13 nikkipete77
After economics class one day, your friend suggests that taxing food would be a good way to raise revenue because the demand for food is quite inelastic. Which of the following statements are true? Check all that apply. Taxing food will generate a large amount of deadweight loss because people aren't very price sensitive in this market. Taxing food won't generate any tax revenue because consumers will just start growing their own food on farms. Taxing food is less inefficient than taxing other things because there won't be too much deadweight loss. Taxing food is a bad way to raise revenue from an equity standpoint because poorer people spend a higher proportion of their income on
Answers: 1
Business, 20.06.2019 18:02
And organization is ready to launch a new product. when working through which pricing strategy, the organization should set the price of the product at what?
Answers: 3
Business, 22.06.2019 07:30
When the national economy goes from bad to better, market research shows changes in the sales at various types of restaurants. projected 2011 sales at quick-service restaurants are $164.8 billion, which was 3% better than in 2010. projected 2011 sales at full-service restaurants are $184.2 billion, which was 1.2% better than in 2010. how will the dollar growth in quick-service restaurants sales compared to the dollar growth for full-service places?
Answers: 2
Business, 22.06.2019 18:00
Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.
Answers: 2
Business, 22.06.2019 20:40
On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e.g. $2.55.) diluted earnings per share
Answers: 3
After economics class one day, your friend suggests that taxing food would be a good way to raise re...
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