This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Property taxes are the product of the tax rate (T) and the assessed value (V). The total property ... (Read 240 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
on: Jul 1, 2018
Property taxes are the product of the tax rate (T) and the assessed value (V). The total property tax collected in your city (P) is: P = TV. If the value of properties rise 4 and if Mayor and City Council reduces the property the tax rate by 2, what happens to the total amount of property tax collected? HINT: the percentage rate of change of a product is approximately the sum of the percentage rates of change.
 a. It rises 6 .
  b. It rises 4 .
  c. It rises 3 .
  d. It rises 2
  e. If falls 2.

Question 2

A division of a firm is
 a. a logical sub-organization of the firm
 b. a level within the firm in which a large degree of autonomy is vested
  c. a level of hierarchy within a firm that defines the scope of a manager
  d. all of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

a


faduma

  • Hero Member
  • *****
  • Posts: 528
Reply #2 on: Jul 1, 2018
Correct answers!


chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

A close relationship between greenhouse gas emissions and a country’s gross domestic product A close relationship between greenhouse gas emissions and a country’s gross domestic product
Factors That Affect Your Basal Metabolic Rate Factors That Affect Your Basal Metabolic Rate
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Excel hardware is introducing a new product on a new product line of capacity 800 units per ... Excel hardware is introducing a new product on a new product line of capacity 800 units per ...
Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 times the regular rate for all ... Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 times the regular rate for all ...
Video: Phases of the ovarian cycle

For a complete list of videos, visit our video library