Answer:
Meatball prices will exceed marginal cost.
Explanation:
Taking on account that Angelo is the only meatball's provider in the area, he is the only actor in his market segment. If he wants to maximize the profit for his business the meatball prices will exceed marginal cost; there are two ways to make it possible for the product. the first option is to reduce the marginal cost through the reduction on the cost prices, it will reduce the total marginal cost and give a higher profit.
The second option involves rising the prices, in this case, as Angelo has the market's control he can rise the prices,as a result, the marginal cost will be the same but the meatball's prices will be higher increasing the profit.
Answer:
Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture.
The theory that tax cuts can raise supply is called "supply side economics" or "trickle down economics." These policies were strongly supported by the Reagan Administration in the United States during the 1980s in the hopes of promoting economic growth. The theory functions that the cutting of taxes will help to promote economic growth and development.
As a corporation grows in size of employment C. perceived permanence is developed.
A enterprise, every so often called a C corp, is a legal entity it really is cut loose its proprietors. corporations could make a income, be taxed, and may be held legally liable. corporations offer the most powerful safety to its proprietors from personal legal responsibility, but the value to form a enterprise is higher than other structures.
A employer is a standard reference to a enterprise whereas a corporation is a reference to a particular type of commercial enterprise entity. A corporation is owned through its shareholders while a organization may be owned either by the commercial enterprise owner in complete (sole proprietorship), several people
Agencies offer the most powerful safety to its owners from private liability, however the cost to shape a agency is higher than different systems. groups additionally require greater enormous file-keeping, operational techniques, and reporting.
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<span>True. Agency relationships can exist outside an employer-employee relationship, and thus agency law has a broader reach than employment law does.
An agency relationship is made up of a relationship between a principle and and an agent. In this relationship, the principle gives the agent </span>authority to act on their behalf when dealing with a third party. This is a legal agreement between the two.
