Answer:
False
Explanation:
Since for finding out whether the offer is accepted or not, first we have to determine the total cost at 600 number of players and for 601 number of players which is
The total cost of 600 players is
= 600 × $300
= $180,000
The total cost of 601 players is
= 601 × $301
= $180,901
Now the marginal cost is 601 player is $901 which is difference between the $180,000 and $180,901 that is higher than the offered price i.e $550
Therefore, the offer should not be accepted
Answer:
Gross Domestic Product
Explanation:
Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country’s economic health.
Advertising is money spent by companies to sell goods and services.
Answer:
1- (a) Progressive.
2- (a) As a capital gain taxed at the long-term tax rate.
3- decreased, reduce, greater
4- required
5- Dividends paid.
Explanation:
1- In the U.S. federal income taxes are progressive. They take a larger share of income as the income grows. People with higher incomes will pay a large percentage of their income as federal tax and people with lower incomes will pay a lower percentage of income.
2- The share are purchased and sold after few years. The investment is kept for more than a year than its capital gains will be taxed at the long-term tax rate.
3- Depreciation expense is considered as a tax shield. The larger the depreciation expense, the lower will be the taxable income.
4- The tax payers are liable to pay greater if AMT liability or regular tax liability under tax law 1969.
5- Dividends paid are not deducted to derive taxable income. Interest paid is deducted from operating income to calculate taxable income.
Shares are traded on a stock exchange