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Suppose a Firm Buys $3000 Worth of Inputs from Other

question 57

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Suppose a firm buys $3000 worth of inputs from other firms,hires $2000 worth of labour services,and has sales revenue of $7500.The firm's resulting profit is $2500.If the GST (a value-added tax) rate is 5%,this firm will pay ________ in GST.


Definitions:

Heroic Leadership

Heroic leadership describes a style where the leader is seen as a singular hero who takes charge and inspires followers through personal charisma and actions.

Great Leaders

Individuals who possess outstanding leadership qualities, inspiring vision, and the ability to effectively guide or influence others towards achieving shared goals.

Extraordinary Things

Items or events that are remarkable, unusual, or beyond the ordinary.

Personalized Charismatics

Leaders who possess a distinctive charm or appeal based on their personal qualities, inspiring devotion and loyalty among followers.

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