The missing words in the statement are Market Economy and Command Economy. In the statement, it described the Command Economy as one of the economic systems which the government is dominant in the decision. But it contradicts with the Market Economy, it allows the individuals or firms to make a decision in the economy.
Answer:
The correct answer is B. If there are 10 plants producing the total domestic consumption of a product and each plant is operating at minimum efficient scale, then each plant accounts for 10 percent of domestic consumption.
Explanation:
It is understood that the total consumption of a product is 100% of it. Therefore, as long as there are 10 plants that, producing at a minimum efficiency scale on an equal basis, cover this total consumption, the percentage of consumption that each plant produces will be 10%.
This is so because 100/10 = 10, provided that it is considered that the production is carried out equitably between each of the production plants.
Answer:
$500
Explanation:
Data given in the question
Tax basis = $400
Fair market value = $500
Under section 351, the fair market value = $350
Liability on the property transferred = $150
So, by considering the above information the amount realized in the exchange is
= Fair market value under section 351 + liability on the property transferred
= $350 + $150
= $500
Answer:
$14 million
Explanation:
Operating working capital = Operating current assets - Operating current liabilities
Operating working capital = $20 million - $6 million
Operating working capital = $14 million
The total net operating capital that XYZ, Inc. has is $14 million
<h2>Law providing incomplete answer</h2>
Explanation:
1. Lack of competition
: This is not the right answer because no business culture will be set up in such a manner to decrease the level of competition. Because employees needs to be competitive for bringing success to the organization.
2. Law providing incomplete answers
: This is the right answer.
3. Stagnant or decreasing profit: Business always focuses on profit. So this
4. Lack of strong leadership
: Any business culture will only uplift the leadership to both promote individual and the organization.option stands invalid.
