Answer: more; externality; market power.
Explanation:
Bakers are much (more) likely to supply pastries to the market if property rights are not enforced.
a. A manufacturing plant dumps chemical waste into a nearby river, poisoning the water supply for a small town downstream. - Externality
Externality, refers to the benefit s or costs that someone else incurs based on the economic decision of another person. In this case, this is a negative externality as the small town bears the cost of the production activities of the company.
b. A single public utilities company is responsible for supplying electricity for an entire state. As a result, the utilities company can set the price of electricity - Market power
Market power is when a firm is able to dictate the price and can then raise the price. This brings about the reduction in output as well. Since the single public utilities company is responsible for supplying electricity for an entire state, the company is enjoying monopoly power or market power.
Answer:
Explanation:
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Answer:
The answer is: D) $34,300
Explanation:
The selling price was $35,000 with terms 2/10, n/30. This means that if the buyer pays their bill before the ten days period, they will get a 2% discount. If the buyer pays the bill after the ten days period but before thirty days, they will pay the full amount.
Since the buyer paid before the ten days period they will get a 2% discount. The total cash received by Banks Company was $35,000 x 98% = $34,300
Answer:
$75,240
Explanation:
Given that,
Consumer price index in 1999 = 170
Salary in 1999 = $44,000
Consumer price index in 2016 = 290
Therefore, the required salary is calculated as follows:
= Salary in 1999 × (Consumer price index in 2016 ÷ Consumer price index in 1999)
= $44,000 × (290 ÷ 170)
= $44,000 × 1.71
= $75,240
Hence, the amount of salary have to earn in 2016 in order to equal your 1999 real income is $75,240.
Answer:
c. That business must be related to the taxpayer's present business for any expense ever to be deductible.
Explanation:
If the business is acquired, the expenses may be deducted immediately by a taxpayer engaged in a similar trade or business. The expenses may be deducted regardless of whether the business being investigated is acquired.
