Answer:
"D"
Explanation:
Deductibles from AGI can also be referred to as expenses or cost in the course of preparing income statement . These are the expenses incurred in the course of business transaction that are qualified to be deducted from the gross income to arrive at the Adjusted Gross income . The $525 for tools and supplies qualifies for this purpose as it is is part of the cost for the business.
Itemized deduction are the expenses that tax payers can claim from federal income tax in order to reduce their tax liability. These expenses are listed by the regulatory tax rules in order to control tax evasion acts. It covers the health insurance premium of $3,600 paid by Christine.
Answer:
The correct answer is option b.
Explanation:
Economies of scale refer to the reduction in the average cost of production as the quantity of output produced increases. In the production process, there is some fixed and variable cost involved.
The average cost of production is the ratio of the total cost incurred in the process of production and the level of output. It is the cost of producing each unit of output.
The producers can reduce their cost of production through the division of labor and specialization.
Answer: Product differentiation strategy
Explanation: In the given case, the industry in which Thomas works depicts features of oligopoly with few firms operating at high level. Thus, increase in price by Thomas would shift the demand for consumers to other firms.
Hence Thomas should opt for product differentiation strategy and should increase those features which classify its products different from the others. In such industries, quality is the core essence and costumers are wiling to pay slight higher prices if the quality of the product offered is higher than others.
Hence Thomas should narrow the completion and should focus on inventing some unique features in his products.
I think it's these:
guarantee a set rate of return
provide diversification for a single investment
pools the assets of multiple investors
I hope it helped you!
Answer:
B. Economic classes
Explanation: its correct on eadg