If Able Drug Company already has a patent on a drug called drug Z27, then they have the rights to charge it higher than cost of production. They do this so that they would gain profit from the drug that they have patented and to be able to expand their business more with it.
Answer:
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Explanation:
IT'S ON AMAZON
The strategic alliance between GM and Lyft allows GM to hedge against uncertainty by giving GM access to the market of the future, increasing its market innovation.
Through this strategic alliance, GM demonstrates innovation in its processes by investing in a car rental market, as there is an expectation that in the future there will be a drastic reduction in private cars.
<h3 /><h3>What is a strategic alliance?</h3>
Corresponds to an agreement between two or more companies, where there is an independent partnership for sharing organizational resources, such as technology, market and knowledge.
Therefore, through the partnership with Lyft, GM is already entering an innovative and expanding market, developing its positioning strategy for the future.
Find out more about strategic alliance here:
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This problem is actually under the subject of Mathematics, particularly, Algebra. For work problems, you can use a convenient technique of dimensional analysis. This is done by multiplying units of measurement, then cancelling out like terms in order to come up with the units of the final answer. For this problem, the total amount of liters is 2,100. So, the equation would be
Volume of Kelly's family + Volume of Stewart's family = 2,100
However, we are only given the rates for each family in liters per hour. To come up with the final answer with a unit of measurement in Liters, we must multiple the rate of L/hour with the individual time. Let x be the time Kelly's sprinkler was used, and y for Stewart's family.
(20 L/h)(x hours) + (40 L/h)(y hours) = 2,100
This is the first equation. The second equation is the total time.
x + y = 65 hours
Rearranging the equation, y = 65 - x. Let's substitute this to the first equation.
20x + 40(65-x) = 2,100
Solving for x, then substituting it to the second equation to obtain y,
x = 25 hours
25 + y = 65
y = 40 hours.
Thus, Kelly's sprinkler was used for 25 hours, while Stewart's sprinkler was used for 40 hours.
Answer:
$38,720
Explanation:
From the given information:
Using Schedule 1 (Form 1040), Additional Income & Adjustment to Income.
The taxable income can be determined as follows:
Particulars Form Amount($)
Wages (Form 1040, Line 1) 36,000
Add: Unemployed Income Schedule 1, Line 7 4,320
<u>Add: Gambling winning Schedule 1, Line 8 500</u>
Total Income $40,820
<u>Less: Student loan Interest Schedule 1, Line 20 2,100</u>
Taxable income $38,720
