The government might levy an excise tax on a product if it wants to collect – from the purchase of that particular good or service. the government would prefer to tax goods with a – demand. the government might also tax a product to incentivize consumers to –. if taxes are too high on a certain good or service, many consumers will – that good. cease buyingmodify their behaviorconsumer surplustax revenuehighly inelastichighly elasticcontinue buyingpay more money

Recently, algonquin books partnered with barnes & noble to offer a unique if you purchase one of 12 paperback books published by algonquin, you can choose one of 12 e-books for $3 (a much lower price than a regular e-book). the goal is to increase traffic in bookstores.

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

As a group is leaving, you ask them if they had a good experience at the restaurant. they mention that they had poor service and their food was cold. a. apologize and ask them to give the restaurant another chance in the future. you tell them that guests usually have a great experience here. b. apologize then ask for the server’s name and immediately notify the manager after they leave. c. apologize for the bad experience and ask them to wait as you call the manager to talk to them. d. apologize for the bad experience and encourage them to complete the customer service survey. this feedback will ensure other guests do not have the same experience.