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When the new writers' agreement comes into effects, the result will be a PRICE INCREASE in the market for video rentals, which will DECREASE the consumer surplus in the market for video rental.
Video rental and pay per view movies are substitute goods. The royalty payment that the screen writers are demanding for will increase the price of video rental and this will make the consumers to consume less of video rental and more of pay per view movies.
The main government restrictions on sole proprietorship are as follows:
1.The zoning laws that are put in place specifies the areas of a city or a country where various types of business activities can be pursued.
2. Sole proprietorship has to obtain city or country license before they can operate their businesses.
3. Professional sole proprietorships such as doctors must be licensed by the state.
Answer:
C. Executive Summary
Explanation:
Executive Summary is the section of the business plan, which come first but written last as it is the summary of the business plan.
Executive summary is the small portion or section of the large document, which summarizes whole report or document so that anyone who read the executive summary can get brief idea of the whole document, without reading the whole document. It include articles, recommendation, proposals, etc which help to summarize the document.
Complete Question:
-Also made a $50,000 interest-free demand loan to her nephew James last year. The loan is still outstanding at the end of the current year. The applicable federal interest rate during the current year remained constant at 10%.
What is the amount of Nancy's taxable gifts in the current year?
Answer Choices:
A. $15,000
B. $11,000
C. $8,000
D. $9,000
Answer:
B. $11,000