<u>"Limited liability companies" </u>are companies that are similar to s corporations but are not restricted with similar eligibility requirements.
A limited liability company is a corporate structure whereby the individuals from the organization are not actually obligated for the organization's obligations or liabilities. Limited liability companies are half and half elements that join the attributes of an enterprise and an association or sole proprietorship. While the constrained risk include is like that of an enterprise, the accessibility of move through tax assessment to the individuals from a LLC is a component of organizations.
What can we say about the long run equilibrium is: Fewer grapefruit will be produced.
<h3>
What is perfectly competitive market?</h3>
Perfectly competitive market can be defined as the market in which producer or manufacturer product similar or identical product.
Suppose the price of grape fruit is lesser compare to the average cost of production it , this tend to mean that in the long run only fewer or little amount of grapefruit will be produced.
Therefore fewer grapefruit will be produced.
Learn more about Perfectly competitive market here:brainly.com/question/4190313
#SPJ1
Answer:
Federal Reserve will require Stephen to pay $7,280 in cash for this purchase
Explanation:
There is a legal requirement from the federal that for an investor to deposit 50% cash of the purchase of shares / securities value in the margin account. It is called the margin requirement.
Purchase Value = Number of shares x Price per share
Purchase Value = 700 shares x 20.8
Purchase Value = $14,560
Inityial Margin Requirement = $14,560 x 50% = $7,280