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hammer [34]
3 years ago
15

Another differing viewpoint is offered by Vivek Wadhwa. Mr. Wadhwa agreed with Mr. Grove that a bigger focus on creating U.S. jo

bs would be a good thing. But he disagreed with Mr. Grove's proposed solution. What was Mr. Wadhwa's main concern about Andy Grove's proposal to create incentives for large-scale projects
Business
1 answer:
Inessa [10]3 years ago
6 0

Answer:

He stated that most United states companies that are blue-chip will be the first to suffer the effects from a trade war.

Explanation:

Solution

Mr. Wadhwa came in terms with Andy Grove not fully as he did not find the protectionist trade war as acceptable.

He stated that it will greatly affects those firms who got their sales majorly from abroad. although, he favored need of more job creation in the United States.

Mr. Wadhwa’s main issue was that going for protectionist trade, where products which are produced off-shore and then transported to United States will be forced to pay more taxes, this will have a negative effect over existing large Blue chip organizations or firms.

Hence, he suggested to focus more over mid-career entrepreneurship.

You might be interested in
A retail store has three departments, S, T, and U, and does general advertising that benefits all departments. Advertising expen
Andrew [12]

Answer: $22,500

Explanation:

First calculate the rate of allocation based on sales to determine how much of Department T's sales should be attributed to Advertising.

The Rate of Allocation based on Sales = Advertising Expense/Total sales

= 50,000/475,000

= 0.105263

= 10.5263%

This 10.5% can then be used to find out how much of Advertising to apportion to Department T based on department sales,

= Department sales * Allocation rate

= 213,750 * 10.5263%

= $22,500

$22,500 should be allocated to Department T.

8 0
3 years ago
Steve goes to Tri-State University and pays $40,000 in tuition. Steve works to pay for his schooling and has an AGI of $37,000.
Lemur [1.5K]

Answer:

His American Opportunity tax credit is $2,500.

Explanation:

A taxpayer who has a modified adjusted gross income of $80,000 or less can claim the credit for the qualified expenses of an eligible student.

Taxpayers will receive a tax credit based on 100% of the first $2,000, plus 25% of the next $2,000 that is paid during the taxable year for tuition, fees and course materials and also, 40% of the credit (up to $1,000) is refundable.

Therefore, His American Opportunity tax credit is $2,500.

6 0
3 years ago
In a dealer market, some dealers hold a certain inventory of specific securities and create a liquid market by purchasing and se
UNO [17]

Answer:

Dealers profit comes from the spread primarily. Spread is the differential amount between buying and selling.

Explanation:

Let us assume the price of security X is USD 100 (last trade price)

A dealer will purchase this security at discounted price from the investor say USD 99 and will sell the same security in the market at USD 100, thus earning spread.

Further being market markers, dealers often use multiple strategies to prop up the price of  particular security and earn gains on inventory held.

4 0
3 years ago
What is<br> the relationship between supply and<br> demand and price ?
valina [46]

The more supply the lower the price

The higher the demand the lower the supply

The higher price the lower the demand

5 0
3 years ago
Read 2 more answers
For each of the following statements, draw a diagram that illustrates the likely effect on the market for eggs. Indicate in each
zlopas [31]

Answer:

Please find the diagrams in the attached images

Explanation:

A) If a surgeon warns that high-cholesterol foods cause heart attacks, the demand for eggs would fall because eggs are high in cholesterol. The fall in demand would shift the demand curve to the left , price and quantity would fall.

B. Complementary goods are goods consumed together. If the price of a complementary good falls, the demand for the other good increases. If the price of bacon falls, the demand for eggs would increase. The demand curve would shift to the right, the price and quantity would increase.

C. If the price of chicken feed increases, the cost of producing eggs increases and the quantity supplied falls. The supply curve shifts to the left, prices rise and quantity falls.

D. If Caesar salad becomes more trendy, the demand for eggs increases. The demand curve shifts to the right, price and quantity increases.

E. Technological innovation would increase the quantity supplied. The supply curve would shift to the right, price falls and quantity increases.

I hope my answer helps you

3 0
3 years ago
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