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About Business Economics Assignment
The document discusses how gas prices and taxes affect supply and demand. It notes that according to U.S. data, taxes make up 18% of gas prices, while the largest factor is the price of crude oil at 57%. For vegetables, the document states that while seasonality can lower prices by increasing supply, damage to roads from rain raises transportation costs and prices. It also summarizes the Philippine Sin Tax Reform Law of 2012, which levies excise taxes on distilled spirits, cigars, and cigarettes in a tiered schedule through 2015 with annual increases.
Detailed Information
| Author: | ['DEAN JASPER'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 7 |
| Language: | English |
| Format: | |
| Price: | FREE |
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