Answer:
$45,450
Explanation:
your first year sales should be $500,000
your second year sales should be $500,000 x 1.03 = $515,000
your third year sales should be $515,000 x 1.03 = $530,450
total sales = $1,545,450
since you previously budgeted $1,500,000 in sales for the 3 years, you were off by $45,450
Answer:
Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture.
Answer:
True
Explanation:
This act is also known as the<em> Financial Services Modernization Act of 1999</em>, redefined the financial product industry in terms of making the limits between the financial institutions' area of work. Above all, it defined the customer as an individual who obtains financial products from financial institutions, primarily for personal and household needs.
Answer: c. Sherman Act
Explanation:
Officially known as The Sherman Antitrust Act of 1890, the Sherman act was named after it's principal author, Sen. John Sherman.
It was made to regulate competition amongst businesses and prohibits anti-competitive agreements and unilateral conduct attempting to monopolize a market.
The relevant passage in the question was taken from Section 2 of the Shaman Act which deals with end results of commiting acts in violation of the act.
So here the interplay of supply and demand influences the dealings of the private business - which means that it's not centrally decided but rather market analysis is done to determine what is needed.
The best answer is: market forces!
If the head of the business was not looking to the market, but rather making central decisions, we could call it "central planning "