Answer:
Explanation:
This could be due a number of factors.
1 Externality effect
2 There could also be market failure, when property rights are not properly defined.
Externality is the effect of a third party on a property right, when all parties cannot come to an agreeable resolution on properties this could lead to inefficient use of land.
Also when the property rights are not put in place its difficult to come to a resolution that satisfies all parties.
No, the estate of monique chablis does not required to file the income tax return.
Given that the income of monique chablis is $390.
We are required to find whether monique chablis is required to file the income tax return or not.
No, the estate of monique chablis is not required to file the income tax return because the income is less than $600.
Income tax is a direct tax paid by income earners to government.
Income tax return is nothing but the annual record of your income.
The person whose income exceeds the limit has to file income tax return and the limit is decided by the government.
Hence it is said that the estate of monique chablis not required to file income tax return.
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Answer:
D. Aggregate demand curve would shift to the right
Answer:
The correct answer is C
Explanation:
Floor bridge is one of the effective and useful exercise which works on the hamstrings of the person. It is performed by slowly pushing the heels, lifting the hips from the floor untill the body is in a position which is straight line from the knees to the shoulders.
So, the best approach in order to avoid any adductors while doing the floor bridge, one has to keep the feet, hip width apart and then straight ahead.
Answer: D) It increases liabilities and decreases stockholders' equity by $1.2 million each.
Explanation:
Even though the company has not paid for the advertisement, the expense has already been incurred and by the Accrual principle of accounting it needs to be recorded.
It will therefore be recorded as an expense which will reduce the Income for the year which is a Stockholder equity account so therefore it will reduce the Stockholder account by $1.2 million.
Because the company has not yet paid for the advert, the amount have to be recorded as a liability to the company so liabilities will increase by $1.2 million.