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Q. Explain the effects of taxation on the equilibrium of a firm?
Suppose a tax is imposed on the producers of a commodity, the tax is on each unit for they produce. Naturally, the producers wish they could pass the tax on to the consumers. The more elastic the demand, the less willing are the buyers to pay higher prices for smaller quantities. The more inelastic the supply, the greater is decline in marginal cost as output is cut back by the tax which is then added to a lower level of cost.
Role of media play in marketing mix: A. The article discusses the market prospects for automotive technology for producing driverless cars with the potential to reduce road ac
what is taxation
In May 2003, Gencorp acquired Sequa Corp.'s propulsion subsidiary ARC for $133million in cash and $11 million in transactions costs. Table below lists selected information about
return of invesment..
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Hello, I am zainab ali, i want help in Tax assignment.. In 2012 Joe, age 15, earned $2900 from acting and had $12,200 of interest income and $14,000 of taxable qualifie
Lehman Corporation purchased a machine on January 2, 2011, for $2,000,000. The machine has an estimated 5-year life with no salvage value. The straight-line method of depreciation
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During the current year, Denos Corporation incurred costs of $45,000 for leasehold improvements to its newly rented building. The lease was signed in the current year for an initia
Sales tax, as compared to VAT is the percentage of revenue imposed on the retail sale of goods. Unlike VAT, sales tax is levied on the entire value of goods and services purchased.
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