Except option C.censorship, are instruments of public policy that government can legitimately use to influence citizens' behavior.
Public policy refers to the laws, the movements of the government, the funding priorities and the rules that replicate given positions, attitudes, cultural beliefs or generic rules.
The intention is to recognize the fundamental variations among rules and the political conditions that result in one sort of coverage in place of any other. in line with Lowi, all authorities capabilities may be categorised into three sorts: distributive, redistributive, and regulatory.
Instruments of public policy, a standard plan of action followed with the aid of the government to solve a social hassle, counter threats and pursue an objective. agenda putting. procedure wherein problems are described as political problems.
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Disclaimer:- your question is incomplete, please see below for the comlete question.
A. eminent domain
B. censorship
C. user fees
D. adjusting monetary variables
Krista’s Koffee sells coffee at a fairly steady rate of 2500 pounds per year. The fixed ordering cost is $50 per order and the holding costs are $0.50 per pound per year.
The lead time is 1 week and weekly demand is determined to be normally distributed with mean = 2500/52 = 48 and standard deviation = 10.
A. What is the EOQ?
B. What is Krista’s safety stock assuming that Krista is willing to accept a stockout risk of no more than 3%?
C. What is the ROP?
D. If she is willing to accept a stockout risk of no more than 5%, what should the ROP be?
The EOQ value for Krista's Koffee is 224. The safety stock for Krista's Koffee is 47. The ROP for Krista's Koffee is 98. The ROP for a 5% stockout risk is 105.
A. EOQ is the economic order quantity and represents the optimal quantity of order. It is calculated by the square root of (2DS/H), where
D = annual demand,
S = ordering cost per order, and
H = holding cost per unit.
The EOQ value for Krista's Koffee is:
EOQ = sqrt [(2DS/H)]
EOQ = sqrt [(2 × 2500 × 50)/(0.50)]
EOQ = sqrt [50000]
EOQ = 223.61 ≈ 224
B. The safety stock is the stock that is held in excess of expected demand to prevent stockouts. The formula for safety stock is:
Safety stock = z × σ × √L,
where z = z-score for desired service level,
σ = standard deviation of lead time demand,
and L = lead time in days.
Krista's desired service level is 97%, corresponding to a z-score of 1.88.
Therefore, the safety stock for Krista's Koffee is:
Safety stock = z × σ × √L
Safety stock = 1.88 × 10 × √7
Safety stock = 47.10 ≈ 47
C. The reorder point is the level of inventory at which an order for replenishment is placed. The formula for reorder point is:
ROP = dL + SS,
where d = daily demand,
L = lead time in days, and
SS = safety stock.
The daily demand for Krista's Koffee is 48/7 = 6.86.
Therefore, the ROP for Krista's Koffee is:
ROP = dL + SS
ROP = 6.86 × 7 + 47
ROP = 98.02 ≈ 98
D. To determine the ROP for a 5% stockout risk, the z-score must be changed to correspond to the new service level.
The z-score for a 95% service level is 1.65.
Therefore, the ROP for a 5% stockout risk is:
ROP = dL + z × σ × √LROP
= 6.86 × 7 + 1.65 × 10 × √7ROP
= 105.16 ≈ 105
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The delay between registering new securities with the SEC and selling them can best be avoided by use of proxy. shelf-registration. use of a margin call. use of preemptive rights.
Answer: shelf registration
Explanation:
The delay between registering new securities with the securities exchange commission and selling them can be avoided by use of shelf-registration.
Shelf registration, is a form of public offering whereby some issuers can offer and also be able to sell their securities to the public such that a separate prospectus isn't required for each offering and also a further prospectus isn't required as well.
The main advantage of the shelf registration is that it's timely and certain such that the capital markets can be accessed even when it's required.
X-treme bubbles have 11 percent of the global chewing gum market, worth $19 billion What are its total sales per year expressed in dollars?
50 Points/Please give a real answer only else will have to report the account.
Thank you.
The total sales per year for X-treme bubbles, based on the percentage they control of the global chewing gum market is $2.09 billion
How to find the total sales?When given the percentage of a market that a company controls, you can find the total sales per year to that company, by checking the annual worth of the market.
The total sales to X-treme bubbles based on their 11 percent ownership of the global chewing gum market is:
= Percentage ownership of market x Net worth of global chewing gum market
= 11% x 19 billion
= $2.09 billion
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Quik Meds hired Frank as a delivery driver. Because there was a backlog of deliveries, the company allowed Frank to work pending the outcome of his background investigation. Shortly after he was hired, Frank was caught stealing a customer's purse. The customer was injured in the scuffle over her purse. The customer later sued Quik Meds for negligent hiring. Quik Meds defended itself by arguing it was not liable for an employee's actions. Is this a viable defense?
Complete/Correct Question:
Quik Meds hired Frank as a delivery driver. Because there was a backlog of deliveries, the company allowed Frank to work pending the outcome of his background investigation. Shortly after he was hired, Frank was caught stealing a customer's purse. The customer was injured in the scuffle over her purse. The customer later sued Quik Meds for negligent hiring. Quik Meds defended itself by arguing it was not liable for an employee's actions. Is this a viable defense?
Select one:
a. Yes, because employees are liable for their own torts.
b. Yes, because Frank was not acting on behalf of Quik Meds when he engaged in the misconduct.
c. No, because Quik Meds failed to conduct a background search on Frank.
d. No, because Quik Meds is strictly liable for employee on-the-job conduct.
Answer:
C, No, because Quik Medds failed to conduct a background search on Frank.
Explanation:
The defense of Quik Meds in the case of their customer against the company is not viable. This is because the result of the background checks on Frank had not returned or background check before he was employed. This means that if the Quik Meds were patient enough for the background check to have concluded, he might have been found out and no employed but Quik Med.
Cheers.
Groups of related business activities such as the acquisition of merchandise and payment of vendors are called:_________
Groups of related business activities such as the acquisition of merchandise and payment of vendors are called transaction cycles.
A transaction cycle is an interlocking set of business transactions. Most of those transactions may be aggregated into a comparatively small number of transaction cycles associated with the sale of products, payments to suppliers, payments to employees, and payments to lenders.
A transaction cycle is a set of accounting transaction that happens in a very normal sequence as an example a sales transaction is followed by shipping transaction, a billing transaction, and a cash receipts transaction.
Therefore, there are four transaction cycles which are the following:- Financial cycle, expenditure cycle, revenue cycle, conversion cycle.
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The federal reserve can affect you through
As the Federal Reserve conducts monetary policy, it influences employment and inflation primarily through using its policy tools to influence the availability and cost of credit in the economy.
A cab ride costs $3.25 for the first half-mile and $0.70 for each mile after the first half-mile. how far can someone travel for $12? 9 miles 9 miles 13 miles 13 miles 14 miles 14 miles 26 miles
Someone can travel for $12 13 miles.
Formula is, C = 3.25 + 0.70(D - 0.5)
Given values, C = $12
Put these values in formula, C = 3.25 + 0.70(D - 0.5)
12 = 3.25 + 0.7D - 0.35
D = 13
Therefore, someone can travel 13 miles for $12.
Mile, any of diverse gadgets of distance, inclusive of the statute mile of five,280 feet (1.609 km). It originated from the Roman mile, or “thousand paces.
There are 5,280 toes in one mile. Virtually divide 5,280 feet by means of your average stride length to learn how many steps it'll take to walk a mile. In case your common stride length is two feet, for instance, it will take 2,640 steps to stroll a mile.
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to what extent do you think the 'big four' supermarkets should change their strategies and adopt the discounter model?
The major four grocery chains are known as the "Big 4," with Tesco, Sainsbury's, Asda, and Morrisons maintaining their dominance for many years.
What changes should be brought by the big four?Discounters have been expanding their market share, and by 2020 this is predicted to increase. If the big four don't alter their strategy, they risk losing ground. When it comes to net profit margin, the discounter model appears to be more efficient.
The major four Especially if profitability is the primary emphasis of business objectives, you might wish to adopt some components of the method, such as having some discount lines, concentrating on smaller product lines, becoming leaner, and reducing administrative costs.
Depending on how they perceive their own strengths and shortcomings as well as the chances and challenges that lie ahead, they may come to different conclusions.
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Over five quarters, revenue generated by Alpha Enterprises was: 10, 14, 12, 16, 20. Using the exponential smoothing technique, calculate smoothed values for the 2nd, 3rd, 4th, and 5th quarters given that
a = 0.5: a. 12, 13, 14, 18
b. 12, 12, 14, 17
c. 12, 14, 16, 18
d. 12, 14, 16, 20
To calculate the smoothed values using exponential smoothing, we start with the first observed value and then apply the smoothing formula:
k
Smoothed Value = α * Current Value + (1 - α) * Previous Smoothed Value
Given the following revenue values: 10, 14, 12, 16, 20 and α = 0.5, we can calculate the smoothed values for the 2nd, 3rd, 4th, and 5th quarters as follows:
1st Quarter: Smoothed Value = 10 (Since it's the first observed value)
2nd Quarter: Smoothed Value = 0.5 * 14 + 0.5 * 10 = 12
3rd Quarter: Smoothed Value = 0.5 * 12 + 0.5 * 12 = 12
4th Quarter: Smoothed Value = 0.5 * 16 + 0.5 * 12 = 14
5th Quarter: Smoothed Value = 0.5 * 20 + 0.5 * 14 = 17
The smoothed values for the 2nd, 3rd, 4th, and 5th quarters are: 12, 12, 14, 17.
The correct answer is option b: 12, 12, 14, 17.
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In class, Marcus is skilled at picking up main ideas and important details from his teachers' lectures. What is this called?
Answer:
This would observation, which is something most readers should be able to do
Explanation:
Which type of ebusiness marketing technique induces websites or users to pass on a marketing message to other websites or users, creating exponential growth in the message's visibility and effect
Type the correct answer in the box. Spell all words correctly.
What does this situation demand from the company?
Martha bought a new laptop a week ago. She’s having trouble understanding how the laptop functions. She wants the store where she bought the laptop to help her. The store should provide Martha with good_______
by giving her all the information she needs.
Answer:
After-sales service
Explanation:
After-sales service are all the efforts of a business to keep its clients happy and satisfied with the products they have purchased. It is providing care to customers after they have made purchases from the business. After-sale service help in retaining and building loyal customers.
Some of the techniques used in after-sales service include
Keeping in touch with customers after purchases Responding to customer queries either on call, emails, or customer visit Offering technical supports when a customer is facing challenges like in the scenario described aboveAnswer:
customer service
Explanation:
I just took the test on Edmentum
A cover letter accompanies_____?
A. a college application
B. the FAFSA
C. a letter of recommendation
D. a résumé
Answer:
B brainliest?
Explanation:
Rudolph has worked tirelessly for his recent promotion. His efforts demonstrate he values
O courage
o achievement
O compassion
O relationships
Answer:
Correct answer is achievement I just did this quiz.
Explanation:
The stock you create is based on your current customers, the repeat customers and the known referral
business to BBFB. It sells to PB for $1.5 million. The check clears. You still have liabilities in this
completed merger and acquisition by Phooey Buitton.
False
True
FALSEEEEEEEEEEEEEEEEEE
Answer:
False
Explanation:
a controller examined how long it took to close the accounting books for the last 5 years. the controller likely computed what type of analytic? group of answer choices prescriptive. descriptive. predictive. diagnostic.
A controller examined how long it took to close the accounting books for the last 5 years. The controller likely computed Descriptive type of analytic.
Option B is correct.
What is descriptive analysis?Descriptive analytics is a type of data analysis that looks at past data to report on what happened. Results are often presented in easy-to-understand reports, dashboards, bar charts, and other visualizations.
What are the benefits of descriptive analysis?It provides insight into different types of data, from financial reports and surveys to website traffic and scientific data. One of the main advantages of descriptive analysis is that it requires only basic math skills and allows you to present complex data in an easily understandable format.
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What are the production sharing contracts (PSC) and production
sharing agreements (PSA)?
Production sharing contracts (PSC) and production sharing agreements (PSA) are agreements commonly used in the oil and gas industry. These contracts are typically made between a government or state-owned entity and an oil company.
Under a PSC or PSA, the government grants the oil company the rights to explore, develop, and produce oil and gas reserves in a specified area or block. The oil company bears the financial risks and costs associated with exploration and production activities.
In return for their investment, the oil company is entitled to a share of the produced oil and gas. The terms of the contract determine the percentage of production that the company is entitled to, often referred to as the "profit oil" or "profit gas."
The remaining portion of the production, known as the "cost oil" or "cost gas," is used to recover the costs incurred by the oil company. The government also usually receives taxes, royalties, and other forms of fiscal payments as part of the agreement.
PSCs and PSAs vary in their terms and structures, and the specific details are negotiated between the government and the oil company. These contracts are designed to promote investment in oil and gas exploration and production while ensuring a fair distribution of profits between the parties involved.
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You intend to purchase a 10 year ,10000 face value bond that pays interest of 800 every six months.If your norminal annual required rate of return is 10 percent with semi-annually compounding ,how much should you be willing to pay for this bond ? What's the current yield
Answer:
Market price = $13,738.49
Explanation:
The yield to maturity of the bond is 8% x 2 = 16%
You require a 10% return, so the present value of the bond should be:
PV of face value = $10,000 / (1 + 5%)²⁰ = $3,768.89
PV of coupon payments = $800 x 12.462 (PVIFA, 5%, 20 periods) = $9,969.60
Market price = $13,738.49
this question is based on the other sand key development company question! sand key development company estimates that it will generate an operating income of $7.25 million. which financing option should sand key use?
The borrowing option. A $20 million 10% debt and $30 million common equity capital structure makes up Sand Key Development Company.
What exactly do financing option mean?Financing is the process of funding commercial endeavors, making investments, or purchasing. Equity finance and debt financing are the two forms of financing. The fundamental benefit of equity financing is that there is no requirement to pay back the funds obtained via it.
Trading methods
shares of stock.Options on bonds and various interest rate options.Index options for the stock market, or just index options.contracts for futures, options.Bull/bear contract with call options.The borrowing option. A $20 million 10% debt and $30 million common equity capital structure makes up Sand Key Development Company.
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A woman purchased a tract of land from a man by warranty deed. Unbeknownst to the woman, the man was not the actual owner of the tract. The woman built a home on the tract and moved into it. Two years later, the actual owner learned of the man's transaction with the woman and prevented the woman from entering the tract from that point forward. This led to a costly court battle. When the woman notified the man and told him that she thought it was his duty to straighten this out, he ignored her.
The woman would succeed in a suit for damages against the man for breach of which of the following covenants of title?
The woman would succeed in a suit for damages against the man for breach of the covenant of seisin,right to convey, quiet enjoyment, warranty, and further assurances. The correct answer is C.
The covenant of seisin is a promise that the grantor has the right to convey the property and that the grantee will not be disturbed by someone with a superior claim to the property.
In this case, the man breached the covenant of seisin by selling the tract of land to the woman when he was not the actual owner and therefore did not have the right to convey the property. As a result, the woman was disturbed by the actual owner and prevented from entering the tract, leading to a costly court battle.
Therefore, the woman would succeed in a suit for damages against the man for breach of the covenant of seisin. The correct answer is C.
Your question is incomplete but most probably your full question was
A woman purchased a tract of land from a man by warranty deed. Unbeknownst to the woman, the man was not the actual owner of the tract. The woman built a home on the tract and moved into it.
Two years later, the actual owner learned of the man's transaction with the woman and prevented the woman from entering the tract from that point forward. This led to a costly court battle. When the woman notified the man and told him that she thought it was his duty to straighten this out, he ignored her.
The woman would succeed in a suit for damages against the man for breach of which of the following covenants of title?
A The covenant of quiet enjoyment only.
B The covenants of seisin, right to convey, quiet enjoyment, warranty, further assurances, and the covenant against encumbrances.
C The covenants of seisin, right to convey, quiet enjoyment, warranty, and further assurances.
D The covenants of seisin and right to convey only.
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To ensure the right clerk is selected for an opening, a law firm reviews all résumés (C.V. d) electronically and assesses candidates through several interviews. Specify the type of control that is illustrated in this case.
The type of control that is illustrated in the given case is Bureaucratic control. A bureaucratic control system emphasizes organizational rules and policies, as well as internal management of the organization's resources. Bureaucratic control also emphasizes adherence to pre-determined guidelines and standard operating procedures.
This type of control requires strict adherence to rules, procedures, and policies, which may lead to limited autonomy for lower-level personnel. Bureaucratic control is commonly used in formal organizations such as law firms because of the need for consistent standards in professional behavior and output.
Law firms use bureaucratic control to ensure the right clerk is selected for an opening by reviewing all résumés (C.V.) electronically and assessing candidates through several interviews. Thus, bureaucratic control is a type of control that is illustrated in this case.
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why are most of the world’s desalination plants in southwest asia?
Most of the world's desalination plants are located in Southwest Asia for several reasons water scarcity, high energy costs, strategic importance, and high population density.
Water scarcity: Southwest Asia is one of the driest regions in the world, with many countries experiencing severe water shortages. Desalination provides a reliable source of fresh water for these countries, which are heavily dependent on groundwater and surface water resources that are scarce.
High energy costs: Desalination requires a significant amount of energy, which can be expensive. Strategic importance: Many countries in Southwest Asia are strategically important due to their oil resources, and they have invested heavily in desalination to ensure water security for their population and their economy.
High population density: Southwest Asia is home to several countries with high population density, as well as growing urban areas, which put pressure on water resources.
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Was the bank holiday successful?
After completing a project on Procter & Gamble's (P&G) marketing strategy, your boss asked you to explore their distribution and promotion focus. She would like to obtain ideas for how your Capstone employer could become more like P & G in these areas. In order to provide your boss with insight into topic, you will respond to the following questions: 1. Review the P&G Company Strategy section of their website. Based this review, your knowledge & G from the M8 Capstone Assignment: Marketing Strategy Focus, and the content in this modu characterize the role of each participant in the P & G distribution channel by addressing each of following: a. Agents: what would be the responsibilities of a P&G agent? b. Brokers: what type of buyer would a broker bring into contact with P & G? c. Industrial Distributors: what would be the nature of their involvement with P & G? d. Wholesalers: what would be the relationship between P&G and a wholesaler? What woule the relationship between an organization such as Schoolcraft College and the wholesaler? e. Retailers: give an example of two retailers that would sell P&G products.
P&G's distribution channel involves agents who represent P&G in promoting and distributing products, brokers who connect P&G with potential buyers, industrial distributors who cater to business customers.
a. Agents: In P&G's distribution channel, agents play a crucial role in representing the company and its products to various markets. They act as intermediaries between P&G and the customers, helping to promote, sell, and distribute P&G products.
The responsibilities of a P&G agent would include building relationships with retailers, managing product inventory, implementing marketing strategies at the point of sale, and ensuring timely product delivery.
b. Brokers: Brokers in the P&G distribution channel are responsible for connecting P&G with potential buyers who may be interested in purchasing their products. These buyers can be retailers, wholesalers, or other distributors.
Brokers leverage their industry knowledge and networks to identify and bring in potential buyers who can benefit from partnering with P&G. They act as intermediaries, facilitating the introduction and negotiation process between P&G and the buyers, helping to expand the reach of P&G's products in the market.
c. Industrial Distributors: Industrial distributors have a significant involvement with P&G in distributing their products to industrial customers or businesses. These distributors cater to customers who require P&G's products for their manufacturing processes or operations.
The nature of their involvement with P&G includes purchasing bulk quantities of products directly from P&G and distributing them to their business customers. They may also provide additional services such as storage, logistics, and technical support related to the use of P&G products in industrial settings.
d. Wholesalers: The relationship between P&G and a wholesaler is typically characterized by a direct supply partnership. Wholesalers purchase P&G products in large quantities and distribute them to retailers, smaller distributors, or other intermediaries. They act as a link between P&G and the retailers, ensuring that the products are available in the market and easily accessible to consumers.
In the case of an organization like Schoolcraft College, their relationship with the wholesaler would be that of a buyer. Schoolcraft College would purchase P&G products from the wholesaler to meet their institutional needs, such as for their campus stores or other facilities.
e. Retailers: P&G products are sold through various retailers across different channels. Two examples of retailers that would sell P&G products are Walmart and Target. These retailers offer a wide range of consumer products, including P&G's brands, in their stores and online platforms.
They act as the final point of sale to the end consumers, providing them with access to P&G's products. Retailers play a crucial role in marketing, merchandising, and promoting P&G's products to enhance their visibility and drive consumer demand.
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Suppose the price of apples doubles to $3.00 between year 1 and year 2 but that nothing else in the economy changes Instructions: Round your answers to one decimal placea. What would be the percentage change in nominal GDP? b. What would be the percentage change in real GDP?Suppose the prices of both apples and bread double between year 1 and year 2 and quantities remain unchanged. Instructions: Round your answers to one decimal place a) What would be the percentage change in nominal GDP?% b) What would be the percentage change in real GDP?
Answer:
1. Suppose Quantity of Apple sold in year one & two = 100Kg.
Price in year 1 = $1.50 per kg
Price in year 2 = $3.00 per kg
Nominal GDP 1 = Price * Quantity = 1.50*100 = $150
Nominal GDP year 2 = 3*100 = $300
Change in Nominal GDP = $150
Percentage change in Nominal GDP = 100%
b. Real GDP of year 1 = Nominal GDP of year 1 = $150
Real GDP of year 2 = 1.50*100 = $150
Change in Real GDP = 0%
2. Quantity of Bread = 100 units price = $ 1 per unit, year 2 price = $ 2 per units
a. Nominal GDP year 1 = 1*100+1.5*100 = $250
Nominal GDP year 2 = 2*100+3*100 = $500
Percentage change in Nominal GDP = 500-250/500 * 100 = 100%
b. Real GDP year 1 = $250
Real GDP year 2 = 1*100 + 1.5*100 = $250
Percentage change in Real GDP = 0%
The percentage change in nominal GDP is 100% and the Change in Real GDP is 0%.
Percentage change in nominal GDP1. Price in year 1
Price in year 1= $1.50 per kg
Price in year 2 = $3.00 per kg
Nominal GDP 1 = Price ×Quantity
Nominal GDP 1 = 1.50×100
Nominal GDP 1 = $150
Nominal GDP year 2 = 3×100
Nominal GDP year 2 = $300
Change in Nominal GDP = $150
Percentage change in Nominal GDP = 100%
b. Real GDP of year 1
Real GDP of year 2 = 1.50×100
Real GDP of year 2 = $150
Change in Real GDP = 0%
2a. Nominal GDP year 1
Nominal GDP year 1 = 1×100+1.5×100
Nominal GDP year 1 = $250
Nominal GDP year 2 = 2×100+3×100
Nominal GDP year 2= $500
Percentage change in Nominal GDP = 500-250/500 ×100
Percentage change in Nominal GDP = 100%
b. Real GDP year 1
Real GDP year 2 = 1×100 + 1.5×100
Real GDP year 2= $250
Percentage change in Real GDP = 0%
Inconclusion the percentage change in nominal GDP is 100%.
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what will happen to trade if business is flourishing?
Answer:
if the business is florishing, as an example Medical sectors during pandemic they are going to grow till they are in a high demand
The basis of strategic position through serving few needs of many customers is known as:_______
The basis of a strategic position by serving only a few needs of many customers is known as strategy.
The creation of a unique & valuable position is called strategy. This strategic position can be created through three sources. The first one is a few needs, many customers. the second one is by having broad needs and few customers and the third one is by having broad needs, and many customers.
Strategy requires a type of competing for the strategic position known as Trade-Offs competing. This requires the company to focus only on a few compatible strategies. With this method, the company will not follow more general strategies but focus its attention only on a specific strategy. So the company will try to implement a system that is independent and reinforces each of its activities.
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Before starting an enrollment, what benefit information are agents required to provide to the consumer?.
Any advantages mentioned must be correctly and completely disclosed by the salesperson before beginning enrollment.
What advantages do consumers get?
The promotion of products and services that pose a risk to property and human life is prohibited.The freedom of the consumer to choose their own products is assured.According to the statute, consumers are entitled to quick, easy, and affordable remedies.Consumers can easily access the dispute resolution equipment.The preservation of certain rights is the responsibility of the authorities established under the statute. They are the rights to safety, freedom of choice, fairness and consumer education. This enabling law aims to be forward-thinking.The Act's sanctions aid in limiting arbitrary business practices in India. In a consumption-based economy like India, it also promotes mutual trust in the purchase of products and services. Proposed product liability measures are included in the Act. The service provider is required to reimburse the customer if the product has a problem. If the goods or services result in harm or damage to the consumer, the producer or service provider is required to make up for it. This can be the result of subpar service or a manufacturing flaw. This enables the payment of damages to a hurt customer.To learn more about benefits to consumer,
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Can someone help me with this question ?
A tax that takes a higher percentage of income from people with lower
incomes is a
A. progressive tax
B. deductive tax
C. dependent tax
D. regressive tax
A regressive tax is a tax that takes a higher percentage of income from people with lower incomes. Hence, option D is correct.
What is regressive tax?When the overall tax burden drops as income increases, the tax is said to be regressive. While middle- and high-income taxpayers suffer a proportionally smaller part of the tax burden, low-income taxpayers bear a disproportionately large share.
Every taxpayer, regardless of economic level, pays the same amount of money, a regressive tax may initially seem to be a fair method of taxing residents. A closer analysis reveals that such a tax results in lower-income persons paying a bigger percentage of their income than do wealthy ones.
Thus, option D is correct.
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