Answer:
fair market value
Explanation:
The current estate tax (2020) only applies for estates worth over $11.58 million. For taxation purposes, estates are taxed at fair market value. E.g. Rudy bought a building 10 years ago at $10 million, but it is now worth $15 million, the current market value ($15 million) will be used to determine any applicable estate taxes.
It is a study of the actions of the consumers that drive them to buy and use certain products. The study of consumer buying behavior is most important for marketers as they can understand the expectation of the consumers. It helps to understand what makes a consumer buy a product.
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What is consumer behavior in marketing?</h3>
Consumer behavior is the study of how people are making purchase decisions to satisfy their needs, wants, or desires, and how their emotional, mental, and behavioral responses influence the buying decision.
Consumer behavior assists firms in determining whether what they are selling will be lucrative, as well as in tailoring their marketing plan to the appropriate target population for their product/service.
To learn more about consumer behaviour visit the link
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Answer:
The correct answer is option A.
Explanation:
In a monopoly market, the firm is price maker. The firm decides the price it will charge. There is no unique relation between the price charged by the monopolist. The monopoly firm decides it quantity and price at the same time.
The monopolist faces a downward sloping demand curve, which means more is demanded at lower price. The quantity supplied by the monopoly firm at different price levels depends on the elasticity of the demand curve.
Answer:
C. Relevant range of production
Explanation: