Answer:
The factor market
Explanation:
The factor market refers to buying and selling of factors of production. Factors of production are land, labor, capital, entrepreneurship. Prices of factors of production are determined by interaction of supply and demand forces. By Dave offering his labor, he receives wages as a reward for the factor of production he provides i.e. labor.
Answer:
corporation income is also subject to what is called “double taxation,” when the income of the business is distributed to the owners in the form of dividends, because dividends are taxable.
Answer:
When a price ceiling is imposed (or any price ceiling at all), the only way that it doesn't affect the economy is that the price set was actually equal to or higher than the equilibrium price of the market.
I suppose that since an oil embargo was put in place, the quantity supplied of gasoline would decrease severely affecting the equilibrium price and increasing it. Once the equilibrium price is higher than the price ceiling, then its negative effects will be noticed (e.g. deadweight loss).
Hello!
Working capital=current assets-current liabilities
Working capital=110000-50000
Working capital=60000
Good luck!
