<u>Solution and Explanation:</u>
<u>The following steps should be undertaken:
</u>
1. She should create extensive records of receipts, expenses, and other business dealings to demonstrate her profit intent which will give strength to fact that her activity is a business endeavor rather than hobby.
2. Secondly, she should keep ready a written and well-documented business plan clearly outlining the steps she would be taking to cut down losses and start earning profit.
3. She should demonstrate that she depends on her business endeavor for her livelihood to repel notion of it being a hobby.
Answer:
A. make sure government programs can function properly.
Explanation:
Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.
The different types of tax include the following;
1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.
2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.
3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.
The main reason for government spending such as building public schools, power supply, water, development of infrastructures, etc., is to ensure and facilitate the proper functioning of all government programs.
Hence, the government of a particular country is saddled with the responsibility of spending on basic projects or programs so as to create a sustainable, growing and efficient economy for its citizens.
Answer: a. It allowed workers to specialize on specific tasks and become more productive.
Explanation:
The Assembly line method of production that Henry Ford initiated at his plant was a technological game changer as it enabled workers to assemble cars faster and this mass produce Ford cars at a cheaper rate for the masses.
The Assembly line worked by putting workers at various stages of the assembly line where they would focus on installing only one or a few parts into the prospective vehicle. This way they were able to focus on that specific task, become more adept at it and thus become more productive.
Answer:
A.you have plenty of cash flow and are looking to grow with new equipment.
Explanation:
Sana makatulong po sainyo/ihope it helps for you
Based on the international trade concept, comparative advantage is the ability to produce goods at a cheaper cost than competitors, and it is important in international trade because it enhances resource allocation.
<h3>What is Comparative Advantage?</h3>
Comparative advantage is a term that is used to describe the country's capacity to manufacture a specific good or service at a lower opportunity cost than its trading partners.
Usually, Comparative advantage is utilized to explain why companies, countries, or individuals can profit from the trade.
<h3>Importance of International trade</h3>
- It helps countries to allocate resources for more gains
- It helps countries to produce goods at a cheaper cost
- It helps the country to specialize in production sectors they have more advantages.
- It helps countries to improve their exportation income.
Hence, in this case, it is concluded that comparative advantage is beneficial to countries when it comes to production in international trade.
Learn more about Comparative Advantage here: brainly.com/question/12291750
#SPJ1
