Answer:
$20,000
Explanation:
Calculation to determine what Dan's basis in the noncash property is:
Using this formula
Basis=Partnership interest basis -Cash
Let plug in the formula
Basis=$30,000-$10,000
Basis=$20,000
Therefore Dan's basis in the noncash property is: $20,000
Answer:
Opportunity cost is the cost of the lost alternative. It can be calculated by,
The country which has a lower opportunity cost is said to have a comparative advantage in producing a good.
In this case,
The opportunity cost of producing Turnip for the two producers is,
For selkirk- 
1 Clam
For Pirate Jack- 
Clam
While, the opportunity cost of producing Clam for the two is given by,
For selkirk- 1 Turnip
For Pirate Jack- 
Turnips
Therefore, as can be seen the opportunity cost of producing Turnip is lower for Pirate Jack. So, Pirate Jack has a comparative advantage in Turnips.
While, Selkirk has a lower opportunity cost in digging clams so, it has a comparative advantage in Clams.
They do it by using a method called, “Gross domestic product<span>” as a unit of measurement.
Gross Domestic products measures the overall value of final goods and services that produced by a nation within a certain timeframe period. High Gross domestic products usually indicates that the nations have been using its resource efficiently and improve its economy. </span>
Answer:
Pure competition
Explanation:
Pure competition is a market structure characterized by many competitors selling similar products. Due to the high competition, market forces dertermine prices. Pure competition is also referred to as perfect competition. The other features of pure competition include.
- There many buyers and many sellers who have access to market information
- There are barriers no entry and exit in the market
- Firms sell homogeneous products
- Firms cannot influence the market price. Firms are price takers.
- The units of production such are homogeneous and are freely moving.
By producing their own cosmetics and then selling them, Shades n Hues are engaging in<u> Forward Integration.</u>
<h3 /><h3>What is Forward Integration? </h3>
- It refers to companies engaging in activities forward in the supply chain.
- It refers to when producers are also engaged in distributing their products to consumers.
By producing their own products and then either selling to other companies or to the consumer directly, Shades n Hues is engaged in forward integration as they have moved forward in the supply chain.
Find out more on the supply chain at brainly.com/question/25560748.
