Answer: (A)
If both companies collude and agree on the best joint strategy, then neither of them will advertise.
Explanation:
If PM Inc. and Brown Inc. agree on a strategy that is best for both of them, then they would decide not to advertise as this line of action will earn them both $50 million, which is higher than they stand to earn if they both advertise.
Answer:
Total Amount of Cash Dividend = $39,525
Explanation:
We have the following details,
Issued shares are the number of shares issued by the company, it includes treasury stock that is shares purchased back by the company.
Outstanding shares = Issued shares - Treasury stock
Treasury stock does not have any right of dividend, as the shares are held by company itself, it will not pay dividend to itself.
Thus dividend to be paid = 25,500
$1.55 per share = $39,525
Authorized shares just represent the number of maximum shares a company can issue.
Total Amount of Cash Dividend = $39,525
Answer: shift out by more than $40 if the mpe is between 0 and 1
Explanation:
If the price level is fixed and autonomous expenditures rise by $40, then the multiplier model would predict that the aggregate demand curve would:
SHIFT OUT BY MORE THAN $40 IF THE MPE IS BETWEEN 0 AND 1
Answer:
The correct numbers for the blank spaces are: 23; 21,7; 18,8.
Explanation:
According to the Congressional Budget Office, in 2009 the United States Government destined 18,8% of the national budget to national defense, 23% for social security (retirement benefits), 21,7% in health care (Medicaid and Medicare), 5,3% in Interest of Federal Debt, and 33,8% in other spending such as education, public transportation, and housing.
Answer:
c. corporation
Explanation:
A corporation is a type of business ownership that recognizes a business as a separate entity from its owners. Legally, a corporation is an independent person with commercial rights like any other person. A corporation is entitled to de business, incur debts, acquires assets, and make profits.
A corporation is expected to file its income tax returns at the end of every financial year. The owners of a corporation or its shareholders are also expected to file their separate income tax returns. An element of double taxation arises the business is taxed, and the owners are also taxed separately. In the other form of business ownership, the business incomes pass as owner's income resulting in single taxation.