<span>The factor that makes an IRA superior to a regular stock portfolio for saving for retirement is that </span><span>IRAs usually include employer contributions. The answer is letter D.</span>
Answer:
Demand.
Explanation:
Population of household composition, price of real estate in the area, availability of mortgage credit, consumer tastes, and income of consumers are all indicators of demand.
Demand can be defined as an economic principle which involves the willingness of a customer to pay an amount of money (price) for a desired goods or services it need or requires.
Simply stated, demand for goods and services rest solely upon the consumer of such goods and services.
Answer:
c. LeMond's net fixed assets as shown on the balance sheet will be higher at the end of the year.
Explanation:
Provided information,
There is a purchase of new production line. On which the company plans to charge depreciation as per straight line method for 5 years. As per the recent amendment the company has to charge depreciation fr 7 years under straight line method.
Thus, depreciation per year will be decreased.
As depreciation is an expense which is going to decrease with increase in duration, therefore, income will increase and accordingly taxes will increase.
Also the net balance of fixed assets will be higher, as depreciation is less.
Therefore, correct statement is
c. LeMond's net fixed assets as shown on the balance sheet will be higher at the end of the year.
Answer:
B. Less than 10%
Explanation:
An addition increase by 10 % in the physical capital stock (which is a factor of production consisting of man made goods like machineries and so on) will lead to a less than 10% increase in the Gross domestic product. This is due to the law of diminishing marginal utility which talks about the consumption increases marginal utility from each additional unit declines. Thus, the more the physical capital stock increases, the GDP will increase at a decreasing rate.
Answer:
Each company drills two wells and experiences a profit of $22 million.
Explanation:
If each company acts independently and drills two oil wells each they will have a total of 4 wells each worth (60 million ÷ 4= $15 million.
Each company will have two oil wells which equals (2* 15 million = $30 million)
But each company incurs cost of $4 million per well. That is total cost of $8 million.
Therefore the profit for each company will be $30 million - $8 million= $22 million