Given that the tax rate is 2.5%, then, the amount that Kelly will likely pay annually in property taxes is $4,000.
What is a property tax?This is a type of tax imposed on the purchase of property in a particular region.
Given data
Assessed value is $160,000
Tax rate is 2.5%
Tax payable = $160,000 * 2.5%
Tax payable = $4,000
Therefore, the tax payable on the property is $4,000.
Read more about property tax
brainly.com/question/25844719
Game theory suggests that competing firms in an oligopolistic industry may be
Game theory suggests that competing firms in an oligopolistic industry may be reluctant to change prices because they anticipate that rivals will match price cuts but ignore price increases.
What is Game theory?Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Dominant strategy is the best option for a player regardless of what the other player is playing. Nash equilibrium is the best outcome for players where no player has an incentive to change their decisions.
Here are the options:
. too quick to raise prices because they will fail to anticipate that rivals may gain market shares.
b. reluctant to change prices because they anticipate that rivals will match price cuts but ignore price increases
c. reluctant to change prices because they anticipate that rivals will ignore price cuts but match price increases
d. too quick to cut prices because they fail to anticipate that rivals may also cut their prices.
To learn more about game theory, please check: https://brainly.com/question/25746243
Game theory suggests that competing firms in an oligopolistic industry may be reluctant to price changes.
What do you mean by oligopoly?An oligopoly is a form of market that is made up of a few large firms engaging in strategic behavior. An automobile is the best example of an oligopoly market.
A game theory suggests that competing firms in an oligopoly industry may be reluctant in changes the price because they can analyze that rivals can match the price cuts but generally ignore the increase in the prices.
Learn more about oligopoly here:
https://brainly.com/question/14093864
#SPJ4
Why is it important to file your federal incomes taxes every year?.
Answer:
Avoid losing future refunds.
Explanation:
Part or all of any refund is first used to pay any back taxes owed. Safeguard credit. If the IRS files a tax lien against a taxpayer, it could affect credit scores and make it harder to get a loan.
Airlines that try to lower fares in order to increase revenue believe the demand for airline service is
Airlines that try to lower fares in order to increase revenue believe the demand for airline service is in price elasticity.
What is price elasticity?Price elasticity occur when a change in price of a commodity or services leads to a change in the quantity of goods or services demanded.
It is believed that when the price is lower more people will demand for the product.
Therefore, Airlines that try to lower fares in order to increase revenue believe the demand for airline service is in price elasticity.
Learn more on price elasticity here,
https://brainly.com/question/5078326
Airlines that try to lower fares to increase the revenue believe that the demand for the airline's service is price elastic.
What do you mean by demand?Demand refers to the quantity of a good that consumers can be able and willing to purchase at prices for a particular period.
Airlines try to lower the fares to increase revenues believing the demand to be price elastic for the airline's service. A change in prices causes a substantial change in the demand or supply is price elastic.
Learn more about demand here:
https://brainly.com/question/14456267
#SPJ4
What is the relationship between interest rate, aggregate income, and price level?.
A decrease in income will lead to a decrease in price level and a decrease in the interest rate.
What is the relationship between these variables?When income declines, there would a decrease in demand and this would lead to a decline in price levels. When price levels fall, interest rate also decline. Thus, there is a positive relationship between these variables.
Bankruptcy is considered a last resort because it stays on someone’s record for one to four years. four to seven years. seven to ten years. eleven to fourteen years.
Bankruptcies remain on a consumer's credit report for ten years after they are filed. As a result, option (c) is the proper response.
What is bankruptcy?Bankruptcy is a legal process that can appear on your credit reports for up to ten years after your debts have been cleared and the bankruptcy has been finalized.
The bankruptcy will automatically be removed from your credit report after seven or ten years.
For more information about bankruptcy, refer below
https://brainly.com/question/1142634
Please help!!
Take a critical and analytical (objective) look at your life. Think about your wants and needs. List in two separate columns your top ten wants and your top ten needs. For each one, give a one-sentence explanation about why it is a want or a need.
Next, explain why you need your needs, but don't need your wants. How does this change your perspective when considering things you want?
this what I have so far
NEEDS:
WANTS:
New clothing
New phone
Hair products
Oculus headset
New shoes
drone
Education(college)
Car
My driver's License's
Phone case
Buying office space is ______________ in the long run-in comparison to leasing. Which is the correct answer?
less difficult
less expensive
more expensive
more difficult
Answer:
less expansive
Explanation:
i took the test. i got it right
Buying office space is less expensive, as in the long run it will cover in the variable cost and economies of scale will work.
What is economies of scale?The cost advantages that businesses gain as a result of their size of operation are known as economies of scale in microeconomics. They are commonly quantified by the amount of output generated in a given amount of time. Scale can be increased when the cost per unit of output decreases.
The phenomenon known as economies of scale occurs when the scale or magnitude of the production produced by a firm increases while the average cost per unit of output decreases.
Technical, managerial, marketing, financial, commercial, and network economies of scale are the six different categories of internal economies of scale.
Economies of scale emerge when a company reaps the rewards of its size. A corporation gains from a variety of efficiency as it grows. For instance, serving 1,000 people at a restaurant is much more affordable and effective than serving just one.
Learn more about economies of scale, here
https://brainly.com/question/23633985
#SPJ3
How much time after selling a house do you have to buy a house to avoid the tax penalty?.
Answer:
no idea but im pretty sure its 6 months
Explanation:
becuase i think so
True or false: All employees make an impact on a business.
5 points
True; all employees make a positive impact on a business
True; all employees make either a positive or negative impact on a business
False; only managers and supervisors make an impact on a business
False; only executives and board members make an impact on a business
Answer:
true; all employees make either a positive or negative impact on a business
Explanation:
what are the two factors that go into which item is thought of as bought first, etc., when choosing between several possible purchases.
Answer:
Fifo
Explanation:
Because the stock that is bought first should be the one to be purchased first
what are the ources of information and communication?Describe
Answer:
One of the fundamental ideas in communication and information processing is the source or sender. Sources are objects that encode message data and transmit it to one or more observers over a channel (or receivers).
For a plaintiff to establish that he or she has standing to sue, the plaintiff must allege ________.
a. a lack of subject matter jurisdiction of the court
b. at least $100,000 in damages as a result of the controversy
c. extradition by the police of the state in which he or she resides
d. a personal stake in the resolution of the controversy
e. garnishment by the state in which the lawsuit is filed
For a plaintiff to establish that he or she has the standing to sue, the plaintiff must allege a personal stake in the resolution of the controversy.
Who is a Plaintiff?A plaintiff is an individual or group who initiates a lawsuit in a court of law. The plaintiff by doing so seeks justice and a legal remedy for that particular problem.
When a plaintiff seeks to establish that he or she has a legal standing to sue, he must allege a personal stake in the resolution of the controversy. That way, he would properly establish the fact.
Learn more about a Plaintiff here:
https://brainly.com/question/7315287
What impact do policy interventions have on the supply and demand equilibrium for a product?.
Policy interventions can impact the supply and demand equilibrium for a product by leading to a disequilibrium between demand and supply.
What are impact of policy interventions?
Policy interventions are when the government give directives in order to bring about a desired effect. For example, the government can institute a bind price ceiling. This means that the goverment sets the maxium price for a good. This would lead for an excess of demand over supply.
To learn more about a price ceiling, please check: https://brainly.com/question/26532229
1do you think jack is an entrepreneur? motivate your answer.
Answer: I think jack is an entrepreneur because he is allowing kids to jumpstart their entrepreneurial journey. Kids can operate their own drink stands or marketplace locations, all while learning the basics of business and making money. jack helps kids know that they can always start young and be successful.
Explanation:
THIS IS FOR U.S. GOVERNMENT
Unlike the Speaker of the House, the president of the Senate
A.
is not elected by the Senate and may vote on any matter in the Senate.
B.
is elected by the Senate and may vote on any matter in the Senate.
C.
is elected by the Senate and may only vote to break a tie.
D.
is not elected by the Senate and may only vote to break a tie.
why does the hand and foot are the most abused part of the body ?pa help po
The hand and foot are the most abused part of the body because they are used to perform majority of the functions and movements in individuals.
What is Movement?This happens when an organism or object changes its position over time. The hand and foot are majorly involved in movement from one place to another.
They are also responsible in performing tedious physical activities which is why they are the most abused part of the body.
Read more about Hand and foot here https://brainly.com/question/22805216
If the price level falls, the real value of a dollar.
Answer:
If the price level falls, the value of the dollar goes up
Explanation:
When the prices decrease your money can buy more stuff with less money, as opposed to if the prices rise the value of the dollar goes down, as you cannot but as much stuff as you could before
Hope this helps! Pls mark brainliest
Select all that apply Determine which of the following expenses are considered revenue expenditures related to a company vehicle. (Check all that apply.) Multiple select question. Engine overhaul Dent repair Installation of special equipment Car wash Oil change
Revenue expenditures are additional costs of plant assets that do not materially increase the asset’s life or productive capabilities. Hence, the answer the one that does not apply is Installation of special equipment.
Revenue expenditures related to a company vehicleEngine overhaul Dent repairCar wash andOil changeTherefore, the one that does not apply is Installation of special equipment.
learn more about Revenue expenditures: https://brainly.com/question/832717
Answer:
dent repair , oil change ,car wash
Explanation:
According to Baumrind, which type of parents place firm limits and controls on their child, allows little verbal exchange, and might show rage toward their child
The type of parents place firm that place limits and controls on their child and allows little verbal exchange is authoritarian.
What is authoritarianism?Authoritarian serves a kind of control whereby the parents posses the total control over their child.
In this kind of parents place firm, there is always a way to check the activities of the children to avoid bad influence.
Learn more about authoritarian at:
https://brainly.com/question/3710034
True or false: A capital gain on a stock is counted as part of the total return whether or not the gain is realized from selling the stock. True false question. True False
A capital gain on a stock is counted as part of the total return whether or not the gain is realized from selling the stock: True.
What is a Stock?A stock is fractional ownership of equity in a company. Stock consists of all the ownership of an organization that is divided among members who acquire it. It is also an investment that represents ownership in a company.
In the case of a capital gain on a stock, it is counted as part of the total return whether or not the gain is realized from selling the stock. So this statement is True because the gain is also counted no matter the outcome of the stock.
Learn more about Stock here:
https://brainly.com/question/1193187
Evaluate the advantages and disadvantages of horizontal, vertical and conglomerate mergers.
Some of the advantages are related to increased market share and product diversification, while the disadvantages are less flexibility and culture shock.
What is an organizational merger?Occurs in the legal merger of two or more companies with the aim of forming a new organization.
The horizontal merger occurs between two competitors, the vertical between a buyer and a seller, and the merger of conglomerates occurs in companies from different areas of activity.
Therefore, despite the advantages of increasing market value and positioning, the merger between companies can be a risky strategy if it is not established in a planned way.
Find out more about organizational merger here:
https://brainly.com/question/8126554
A grouping of technologies that marketers leverage to conduct and improve their marketing activities"" is the definition of what term?.
A grouping of technologies that marketers leverage to conduct and improve their marketing activities"" is the definition of: marketing technology stack.
What is marketing technology stack?Marketing technology stack can be defined as the process of measuring and evaluating market activities in order to improve it.
Marketing technology stack is important for companies or organizations as it help to provide market automation they will help them acheive their set goals and objective.
Inconclusion marketing activities"" is the definition of: marketing technology stack.
Learn more about marketing technology stack here:https://brainly.com/question/21845253
What type of contract is created by an agreement that is oral when it is required by the Statute of Frauds to be in writing?
The type of contract created by an agreement that is oral when it is required by the statute and required in writing is: legally voidable contract.
What is a Contract?A contract is a legal agreement that binds individuals or groups. It defines and governs the mutual rights and obligations of the parties involved.
In a Legally voidable contract, the parties involved create an agreement orally especially when it is required by the statute of fraud. Although contracts that fall outside the statute need not be in writing.
Learn more about Contracts here:
https://brainly.com/question/5746834
Which design principle is especially important when you are creating navigational aids for your document?.
The design principle that is important when one is creating navigational aids for your document is repetition.
What is a design principle?It should be noted that the design principle simply means the principles that are used to create visually appealing designs.
In this case, the design principle that is important when one is creating navigational aids for your document is repetition.
Learn more about design principle on:
https://brainly.com/question/5450481
Answer:
IM SO SLOPPY he is so genius!!! ☞￣ᴥ￣☞If stock prices go up and people feel richer, aggregate demand will: stay the same because there have been no changes to the underlying assets. Increase. Be unpredictable. Decrease
If stock prices go up and people feel richer, aggregate demand will increase.
What is the wealth effect?
The wealth effect is an economic theory which postulates that consumer spending increases when consumers perceive that their is an increase in the value of their assets(wealth). Consumer spending increases even if there is no increase in income.
So when the stock prices increases, aggregate demnand would increase.
To learn more about the wealth effect, please check: https://brainly.com/question/26960365
If stock prices go up and people feel richer, the aggregate demand will increase with the corresponding increase in the price level.
What do you mean by Price Level?Price Level refers to an average of current prices across the goods and services that are produced in the economy. Price levels refer to one of the most economic indicators in the world.
Aggregate demand will increase when the stock prices go up. Aggregate demand should increase when the components of the aggregate demand that including consumer spending, investment spending, government spending, and spending will rise.
Therefore, the aggregate demand will increase when the stock prices go up and people feel richer.
Learn more about Price levels here:
https://brainly.com/question/13139803
##SPJ4
The difference between accounting profit and economic profit is.
Answer:
Accounting profit - Your actual profit
Economic profit - Profit, but opportunity cost factored out
Explanation:
Accounting profit is how much you made (Revenue - Explicit Cost.
Economic profit includes implicit costs, or opportunity cost. If you could have made $100,000 at a different job, you subtract that. If Accounting-Economic profit is 0 or higher, you should stay in business.
When a tax is placed on a product, it’s_________increases, so it’s_________ may decrease. People react to the higher prices by buying _______.
Answer:
The answer is product, sales, similar products.
Explanation:
Hope This Helps.
Describe some of the arguments that supporters and opponents of wealth tax make.
The arguments that the supporters of Wealth Tax make is that it would help to make a progressive tax system and also ensure income inequality is reduced. The opponents argue that it would reduce the income of the wealthy.
What is wealth tax?This is regarded as the type of tax that is placed on the individual assets that people own.
This tax is on the cash they have, their personal belongings, their properties and their securities.
Read more on wealth tax here: https://brainly.com/question/1204472
Cash price is $6,000. a down payment of 10% is required. monthly payments will be $120 a month for 52 months
Based on the total payment, and the down payment, the interest rate can be found to be 6.72%.
What is the interest rate?First find the loan amount to be:
= 6,000 x (1 - 10% down payment)
= $5,400
The interest rate can be found by a spreadsheet formula called RATE.
Number of periods = 52
Payment = 120
PV = $5,400 loan amount
Rate will be:
= 0.00560
= 0.560%
In yearly terms this is:
= 0.560 x 12 months
= 6.72%
Find out more on interest rates at https://brainly.com/question/2151013.
Financial incentives given by the government to corporations, individuals, or other governments for the purpose of encouraging certain activities or behaviors are ______.
a. Grants
b. Entitlements
c. Welfare programs
d. Subsidies
Answer:
It os D, subsidies. this is correct.