Answer:
B) Trusts (except those that are exempt)
Explanation:
The only three entities that are allowed to select a fiscal year are: estates, C corporations and tax exempt entities.
Trusts, along with partnerships, S corporations and personal service corporations mus use the calendar year as their taxable period or the tax year of their owners. Some trusts can change to a different calendar year if they can establish a business purpose for doing so.
Answer:
The correct answers are: greater than; less than.
Explanation:
In the perfect competition model, the nature of the scale returns poses serious problems, whatever the case considered. Sise assumes that the returns of scale are increasing, the supply of companies is infinite; if they are constant, the offer is null, infinite or indeterminate (equilibrium case); if they are decreasing, the profit of the companies is strictly positive in the balance '. In the latter case, if they could do so, companies would be interested in dividing themselves, without any limit, into entities as small as possible.
If a single company cheats on the cartel agreement then the unmarried company can grow its profit.
A cartel agreement is a settlement between competitions with the aim of hindering or proscribing competition or creating fake competition. Cartel agreements also can exist between providers and consumers, such as an instance retail fees.
A few examples of a cartel encompass The enterprise of the Petroleum Exporting Countries (OPEC), an oil cartel whose members manage forty four% of worldwide oil production and 81.5% of the world's oil reserves.
A cartel is an illegal settlement between competition that restricts competition. Cartels are often hard to discover due to the fact the cartel members have a not unusual hobby of keeping the agreement secret.
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Answer:Is always the same; a straight line
Explanation:
If there is always a 4-for-1 tradeoff between producing good X and good Y, it follows that the opportunity cost of X (in terms of Y) is always the same and the PPF for these two goods is a straight line
PPF Production Possibility Frontier plays an important role in that It is used to demonstrate the point that any nation's economy reaches its greatest efficiency level. This happens when it manufactures only what it is qualified to manufacture and trades with other nations for the rest of what it needs.
Also called transformation curve, It is a decision making tool That supports that manufacturing of one commodity may increase only if the manufacturing of the other commodity decreases.
