income tax majorly they depend majorly on income tax
Answer:
The income effect
Explanation:
The income effect refers to an increase in the purchasing power of customers simply because the products or services that they want to buy are cheaper. Since the price of the products or services decreases, the customers are able to purchase a higher quantity of them.
Two factors of production that seem to contribute the most to a nation's ability to create wealth are : Entrepreneurship and knowledge.
Germany for example, is not a country that have many resources. But through entrepreneurship and knowledge, they still are one of the world's greatest power
The price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.
Using this formula
Midsized automobile price = Marginal Cost (3×Elasticity) / 1 + (3 × Elasticity)
Let plug in the formula
Midsized automobile price = $11,000 (3× -1.2) / 1 + (3× -1.2)
Midsized automobile price = $14,000 × -4.8/ -3.8
Midsized automobile price = $14,000 × 1.384615
Midsized automobile price = $15,230.765
Midsized automobile price =$15,230.77 (Approximately)
Inconclusion the price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.
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Answer:
The correct option is (b)
Explanation:
Jurisdiction refers to to the power granted to a court to hear and act upon a lawsuit. Here, QuickAds is based in Georgia and David, an Alabama resident files suit against the company for advertising outside its territory. In this case, Alabama court cannot have jurisdiction over the case.
QuickAds is a Georgia based company that does not fall under Alabama jurisdiction. Moreover, the company was not engaged in active advertising. It communicated with people in Alabama through passive advertising. So the court cannot hear or act upon the lawsuit.
