Answer:
Wealth is often evenly distributed throughout a population
Explanation:
In a free-market economy, the government does not interfere with economic activities in the country. The private sector manufacture and distributes goods and services. The products produced are available for purchase by customers at a profit. Only those with resources will acquire any goods and services including, the basic goods or capital goods.
In the free market economy, wealth is not evenly distributed. Owners of capital goods produce goods and services for profits. They grow more wealthy as they generate more profits. Those without sufficient resources are likely to remain poor as all their income is spent on consumption. The gap between the rich and poor is wide and continues to increase.
Acne company has an agreement with a major credit card company that calls for cash to be <u>a </u><u>variable</u><u> </u><u>cost</u>.
Variable costs are fees that change as the extent of modifications. Examples of variable charges are raw substances, piece-rate hard work, production substances, commissions, shipping fees, packaging materials, and credit card costs. In a few accounting statements, the Variable fees of manufacturing are referred to as the “cost of goods offered.”
A variable cost is a price that adjustments in share to manufacturing output or income. While manufacturing or income boom, variable expenses increase; when production or income lower, variable prices lower.
Variable value system. To calculate variable costs, multiply what it costs to make one unit of your product via the full range of merchandise you've got created. This method looks like this: overall Variable charges = value in keeping with Unit x overall variety of units.
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Answer:
c) marginal cost will exceed price.
Explanation:
Marginal cost, the cost per additional unit sold, is calculated by dividing the change in total cost by the change in quantity. The formula for marginal cost is: Ordinarily, marginal cost changes as the firm produces a greater quantity
B.) they feared that Japanese Americans were a security threat
they didn't want to risk one of them being a spy for Japan
Answer:
1. How is this contribution treated on Richard's tax return?
Richard can deduct this donation as a qualified contribution to a charity.
2. Assuming his adjusted gross income is at least $50,000, Richard can deduct <u>$15,000</u> on his Schedule A.
Qualified contribution deductions of long term capital gains are limited to 30% of AGI, and in this case, Richard can deduct the full amount.
3. However, Richard may elect to use the 50 percent AGI limitation and deduct <u>$1,000</u>.
Richard can elect to deduct only the basis of the stock, but who likes to pay more taxes?