The best and most correct answer among the choices provided by the question is the first choice. <span>The amount you owe in state income tax is based on: how much you spend each year. </span>I hope my answer has come to your help. God bless and have a nice day ahead!
Answer:
a higher price and produce a smaller output than a competitive firm
Explanation:
A monpolistically competitive firm is a firm that :
1. Sells differentiated products from other firms in the industry.
2. Has many buyers and sellers
3. Is a price maker
4. Has no barrier to entry or exist of firms
An example of a monpolistically competitive firm is a resturant.
A competitive firm is a firm that:
1. Sells identical goods with other firms in the industry.
2. Is a price taker . Prices are set by forces of demand and supply
3. Has many buyers and sellers
4. There are no barriers to entry or exist of firms.
When a monopolistic and competition firm are faced with the same unit cost, a monopolistic firm would aim to earn profit by increasing its price and reducing the quantity produced.
While a perfect competition would sell at the price set by the forces of demand and supply. The firm can increase the quantity produced in order to increase revenue.
A monopolistic firm is able to charge a higher price for its products while a perfect competition isn't.
Answer:
$ 1,001,800
Explanation:
The following costs will be included in th cost of land
Purchase cost: 990,000
Closing cost: 2,900
Back Taxes: 8,900
(land taxes are payed every year, so they can't be included in the cost of land)
Total cost of land= 990,000+2,900+8,900= 1,001,800
John d. Rockefeller stands out among nineteenth-century business leaders because of his innovative organization called vertical integration.
<h3>What is vertical integration?</h3>
Vertical integration is a procedure that entails acquiring corporate operations in order to produce the same thing.
- When a business chooses vertical integration, they typically have control over some phases of product production and delivery.
- Vertical integration can also be defined as the union of businesses engaged in the same line of work but at various stages of production or distribution.
- For instance, because it involves many phases in its business, Amazon might be classified as one of the organizations with vertical integration.
- In addition to acting as a platform for buyers and sellers, Amazon also has its own distribution network and sells some of its own goods and services.
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The correct settings of the Quickbook is illustrated in C.
QuickBooks is an accounting software that's used by businesses for payments, payroll functions, etc.
From the information given, Heather doesn't want Esther to have access to her firm's settings or her clients' Quickbooks Online companies, therefore the best option will be to set the access to custom.
By setting the access to custom, Esther won't be able to have access to the settings. On the other hand, if the access was set to basic just like in the second option, Esther will have access. Also, it's important to set <u><em>"manage your clients</em></u>" to No when Esther will be in charge.
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