Entertainment tax-Indirect tax
Why entertainment tax comes in indirect tax? Answer: Since its burden can be shifted to others.
Why entertainment tax comes in indirect tax?
Answer: Since its burden can be shifted to others.
Explain in short the functions of money? Answer: (A) Medium of exchange: Money can be employed to make payments for all transactions of services and goods.
Elucidate: Competition and the “Invisible Hand”?
Define the term Weak-form market efficiency. Explain briefly.
Transaction costs tend to be decreased and markets are more efficient when: (w) the government subsidizes a good. (x) inter-market price differentials are eliminated through arbitrage. (y) taxes are used to give for social wants. (z) regulations close
Describe briefly Low financial leverage, low operating leverage?
Elucidate reallocation of Government resources?
Explain the statements: The market system not only accepts self-interest as a fact of human existence.
What do you mean by Linkages?
Question 7: You are given the following data about two firms: FIRM A Quantity 0 1 2 3 4 5 6 Total revenue ($) 0 10 20 30 40 50 60 Average revenue ($) ___ ___ ___ ___ ___ ___ ___ Marginal revenue ($) ___ ___ ___ ___ ___ ___ Total cost ($) 30 42 50 60 76 100 14
Can someone help me in finding out the right answer from the given options. The Taft Hartley Act of 1946 made it illegal to encompass a: (1) Right-to-work law passed by the state legislature. (2) Conviction for the misdemeanor and serve as union officer. (3) Union for the agricultural migrants or go
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