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Q: Why does the need to pay troops add ed to the demands on the states budget just as declining production cut into tax revenue a problem?
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How does production influence revenue?

Revenue is directly proportional to the production. Higher the production, more the revenue would be.


In what ways did strikes threaten industry?

Strikes threaten industry by shutting production down for a period of time. If the workers refuse to work until their demands are met, than the company loses product, which causes loss in revenue.


A monopolist will set its production at a level where marginal cost is equal to?

A monopolist will set production at a level where marginal cost is equal to marginal revenue.


How can company increase revenue?

Reduce cost production


Marginal revenue equals?

marginal cost of production


What are the examples of Fiscal adequacy?

the source of revenue should be sufficient to meet the demands of public expenditure.. ---15---


When a firms revenue from sales exceeds its cost of production it will earn?

Profit


Is a company earnings are the same as its revenue?

A company's earnings are equal to revenue less costs of production over a given period of time.


If marginal revenue is greater than marginal cost the firm should?

If MR is greater than MC, the firm should increase their production. The ideal amount of production is determined by allowing the marginal cost to equal the marginal revenue.


What is fiscal adequacy in taxation?

this means that the source of revenue should be sufficient to address the demands of public expenditures.


Which depreciation method generates best applies to those assets that genrate greater revenue earlier in their useful lives?

Double- Declining- balance Method -MBA in Accounting Professor


What is the difference between revenue and expenses?

Revenue expenditure are those for which company has spend money but not yet took the benefits of them as soon as company take benefits of those expenditure, it become expanse. For Example: Inventory purchase for 3 months of production is revenue expenditure but when this inventory utilized in production then the portion of utilized inventory become expanse.