Describe proportional in taxes as percentage of income
Line T1 depicts in given graph as in below a tax system which is: (i) progressive. (ii) recessive. (iii) proportional. (iv) biased. (v) regressive. Hello guys I want your advice. Please recommend some views for above economics problems.
Line T1 depicts in given graph as in below a tax system which is: (i) progressive. (ii) recessive. (iii) proportional. (iv) biased. (v) regressive.
Hello guys I want your advice. Please recommend some views for above economics problems.
The proportion you would lose when you bought an asset and instantly sold it is a negatively-related measure of the assets: (1) net present value. (2) liquidity. (3) par value. (4) abandonment cost. (5) transactions ratio. Hey frie
Table illustrates the average retail price of milk and the Consumer Price Index from the year 1980 to 1998. Q : Law of diminishing returns for a good The point is inevitably reached where an individual derives less extra enjoyment from the extra units of any good. This is mainly well-suited with: (i) Supply curves that slope-up and to right. (ii) Concave (or bowed out) production possibilities frontiers. (iii) The
The point is inevitably reached where an individual derives less extra enjoyment from the extra units of any good. This is mainly well-suited with: (i) Supply curves that slope-up and to right. (ii) Concave (or bowed out) production possibilities frontiers. (iii) The
How much loss can an industry bear? Answer: An industry can bear losses up to its total fixed costs.
On such demand curve for pizza as in below demonstrated graph, there demand is: (w) elastic for all prices and quantities demonstrated. (x) unitarily elastic for all prices and quantities shown. (y) elastic at high prices and inelastic at low prices. (z) inelastic at
Product Differentiation: The Product differentitation is a condition when various producers under monopolistic competition, try to differentiate their product in terms of its size, shape, packaging, trade-mark and brand name. This is accomplish to att
A firm’s wage elasticity of demand for labor is least influenced by: (1) how much time the firm has to adjust to changing wages. (2) the proportion of labor’s share of the total costs. (3) the ease of substitution in between capital
Critics charge which generous welfare programs have sharply raised the: (w) balance of trade deficit. (x) amount of voluntary poverty. (y) antagonism between economic classes. (z) level of involuntary unemployment. Q : Perfectly inelastic demand problem When When will an augment in supply entail a raise in price however no change in quantity?
When will an augment in supply entail a raise in price however no change in quantity?
When a $9.98 sale on regular $19.95 watch fobs increases a store's sales from 30 to 300 weekly, the price elasticity of the demand faced through the store is approximately: (w) 2.46. (x) 1.23. (y) 4.92. (z) 0.62. C
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