<span>In theory, Bill can deduct $36000 from his 2016 taxes. However, there are often caps on deductions, so there is really not enough information.</span>
Answer:
free rider
False
Explanation:
✓Gilberto loves watching Downton Abbey on his local public TV station, but he never sends any money to support the station during its fundraising drives. Economists would call Gilberto ?
Answer:Free rider
Free rider can be regarded as a kind of market failure, this usually take place whenever people are enjoying the public resources, as well as services expect others to pay but himself doesn't pay or there is underpay.
✓The government cannot solve the problem caused by people like Gilberto?
Answer:TRUE.
The government cannot solve the problem since, it's local public TV station. The only way government can help is to pay and sponsor the show which can be achieved by tax revenue that government is collecting from the public.
✓The private market can solve this problem by asking people to send in $1 every time they watch Downton Abbey.
Answer: FALSE
The suggested ways by which the private market can help is to add "Commercial" into the program show then make people to watch, then through that commercial money will be generated.
Answer:
Nakawé, LLC produces and sells greeting cards in a competitive market. The total cost of producing 1000
greeting cards is $4000. The price of a greeting card is $4.
What is this firm's economic profit (or loss)?
Explanation:
or loss
Answer:
The company’s profit margin for the current year ended December 31 (rounded to the nearest decimal point) is 20%
Explanation:
Use the following formula to calculate the Profit Margin
Profit Margin = 
Where
Net Income = $20,000
Net Sales = $100,000
Placing values in the formula
Profit Margin = 
Profit Margin = 0.2 x 100
Profit Margin = 20%
Economy. And it may be good on the environment, but economy is what best fits this question.
