The need to pay troops increases demands on the state's budget because military expenditures are often substantial and require significant financial resources. At the same time, declining production reduces tax revenue, leading to a budget deficit where expenses outpace income. This creates a strain on the state's finances, as it must find a way to fund military obligations while grappling with diminished revenue streams. As a result, the state may face challenges in maintaining other critical services and investments.
Because average production of different crops as well as their average prices prevailing over the last ten years was calculated.
Mahalwari system of revenue by the British was to increase the revenue of the Government. It brought about an agrarian revolution. [ One of the consequences of the system was that the objective of village agricultural production for village used was replaced by that for the market. The mode production and produced were now determined by the new objective, that of sale. The collection of the revenue under the different system were not in the interests of the cultivators as the demand of the state went on increasing. The British policy gave advantage only to the government or the privileged sections of the society at the cost of the cultivators. One of the most important result was the creation of new form of private property which had never existed in India before this period and which benefited the government. ]
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Kerry-Lynne Findlay is the Minister of National Revenue for Canada.
No. Revenue stamps are applicable on cash payment.
Revenue is directly proportional to the production. Higher the production, more the revenue would be.
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 production at a level where marginal cost is equal to marginal revenue.
The primary sources of revenue in Venezuela are predominantly derived from the oil sector, which accounts for a significant portion of the country's export earnings and government income. Additionally, other sources include mining, particularly gold, and agricultural products, though these contribute far less than oil. The Venezuelan economy has faced severe challenges due to declining oil production, mismanagement, and sanctions, impacting overall revenue.
Reduce cost production
marginal cost of production
the source of revenue should be sufficient to meet the demands of public expenditure.. ---15---
Profit
A company's earnings are equal to revenue less costs of production over a given period of time.
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.
this means that the source of revenue should be sufficient to address the demands of public expenditures.
Double- Declining- balance Method -MBA in Accounting Professor