Answer: Option A
Explanation: In simple words, perfect competition refers to market structure in which there are large number of participants each operating at small level.
The prices of commodities in such markets are determined by the forces of demand and supply as no individual participant is able to influence the price on his or her own.
Thus, the statement depicting Jill not able to decrease price even after increase ins supply depicts perfect completion.
Answer:
- International
Explanation:
An international product is customized to suit the culture and the needs of a particular country. It means the product is available for purchase in many different markets. It is made slightly different to suit the unique needs of each country.
A global product is also available in many countries. Unlike an international product that is customized, a global product is availed with the same features and packaging in all countries.
Well it is the toltal of the cost that will be created by it did it and got it correct
The to this question is A
Answer:
a) The effect the rental activity has on Adelene's AGI is $0.
b) The total rental income is less than the total expenses for the year, so the reportable rental income is $0.
Explanation:
a)
particulars amount amount
rental income $5,000
property taxes $3,800
mortgage interest $7,500
utilities $3,700
insurance $2,500
repairs $2,100
depreciation $15,000
total deduction $34,600
AGI $0
Therefore, The effect the rental activity has on Adelene's AGI is $0.
b)
particulars amount
Real property taxes $3,800
mortgage interest $7,500
utilities $3,700
insurance $2,500
repairs $2,100
depreciation $15,000
total expenses $34,600
Therefore, The total rental income is less than the total expenses for the year, so the reportable rental income is $0.
