Answer:
$ 2800
Explanation:
Given data:
The cost of Jerome Jame's vacation home = $ 112,000
The tax rate = 25 mills
now,
the mills is converted into the dollar rates amount by dividing the mills rate by 1000
thus,
the rate in dollars = 25/1000 = 0.025
therefore,
the tax to be paid = 0.025 × $ 112,000
or
The tax to be paid = $ 2800
Answer:
Per Stirpes is the correct answer.
Explanation:
The term is taken from Latin. According to per stirpes if the estate of the decedent is to be distributed among the family members each one would receive an equal share. If the first generation heir is already dead the share would be given to the second generation in equal shares. It is also called an old English approach. It is different from per capita distribution in which each member may inherit unequal share.
Answer:
Option D is correct
Explanation:
Due to the increase in awareness amongst target market would increase consumers demand of product which would increase revenue.
Answer:
The correct answer to the following question will be "decide whether a public issue is fairly priced
".
Explanation:
- SEC seems to be an autonomous federal department of government responsible for protecting creditors, ensuring the equal and organized operation of financial markets as well as promoting the creation of capital.
- It's being used to control trading in commodities, debt securities and therefore does not determine if the global outrage is legitimate.
So that the above is the right answer.
Answer:
keep its price constant and thus decrease its market share.
Explanation:
A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes.
Also, an oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
On the other hand, duopoly can be defined as a market structure in which two companies (suppliers) or business firms own all or nearly all of the goods and services in a market. Thus, these two companies (suppliers) or business firms have an exclusive control over the goods and services in a market.
Hence, when a company (supplier) or business firm own increases its price in a duopoly, then the other company (supplier) or business firm can keep its price constant and thus decrease its market share.