Answer:
e. Buyers
Explanation:
As per Michael Porter's 5 forces to assess industry attractiveness, following are the five forces:
1. Buyer power
2. Supplier power
3. Threat of substitutes
4. Threat of new entrants
5. Competitive Rivalry
As per the given information, the students represent the buyer power with respect to their negotiation or bargaining power. This means the influence and control buyers exercise over price of products (textbooks) here.
In the given case, the supplier power appears more domineering since buyers, the students have no other option but to buy the updated textbooks beyond a period of time as those books have been suggested by the professor.
Answer:
$26 million
Explanation:
Given the above information, net income
= Ending retained earnings - Beginning retained earnings + Dividend paid to shareholders
Ending retained earning = $386 million
Beginning retained earning = $372 million
Dividend paid to shareholders = $12 million
Then,
Net income earnings = $386 million - $372 million + $12 million
Net income earnings = $26 million
Therefore, the firm's net income during its most recent year is $26 million
The answer is dependency exemption and the child tax credit. A dependency exemption is an amount of money that can be subtracted from adjusted gross income for having dependents. The personal and dependent exemptions and qualifying family members lessen the amount of income on which will be taxed. In which in effect, these exemptions are the same as deductions while a child tax credit is a non-refundable credit that lessens the liability of a taxpayer on a currency basis which is envisioned to offer an extra measure of tax reprieve for taxpayers with succeeding dependents.
Answer: B
Explanation: A cartel is a group of apparently independent producers whose goal is to increase their collective profits by means of price fixing, limiting supply, or other restrictive practices. Cartels typically control selling prices, but some are organized to force down the prices of purchased inputs. Antitrust laws attempt to deter or forbid cartels. A single entity that holds a monopoly by this definition cannot be a cartel, though it may be guilty of abusing said monopoly in other ways. Cartels usually arise in oligopolies industries with a small number of sellers and usually involve homogeneous products.
This began to change when president Truman started a campaign called the trust buster
Truman passed endless laws like the meat inspection act and he made monopolies illegal.
Beatniks were also influential in Truman's time for writing novels exposing this reality.
Year 1900 to be approximate