Answer: Security Deposit
Explanation:
A Security Deposit is an amount you pay when you first move into a house.
It is held in abeyance until you move out. In other words when you pay a Security Deposit, it doesn't become the Landlord's. It is still your money but it is held in trust. The purpose being that when you move out, any damages made to the house is fixed from the security deposit. If no damages need fixing then your entire security deposit is returned to you.
This fee is what Chad's landlord just explained to him.
A relevant example in my own life of how a change in the market in terms of information, technology and others has shifted the demand of a good is when I and some others knew that one can work easily from home through the use of a laptop and as such, the demand for laptops became very high as well as affordable internet subscription plan.
<h3>What is shift in demand?</h3>
A shift in demand connote when at any given price, the quantity demanded of a product or services is said to be different than it was before then and as such, shift in demand can happen due to income increase.
Therefore, a relevant example in my own life of how a change in the market in terms of information, technology and others has shifted the demand of a good is when I and some others knew that one can work easily from home through the use of a laptop and as such, the demand for laptops became very high as well as affordable internet subscription plan.
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Generally, the price of <u>other goods</u> is an important determinant of demand for a product.
<h3>What are the determinants of demand? </h3>
The determining factor for demand level of a product includes changes in income, prices of related goods, consumer expectations, consumer tastes etc.
Therefore, the price of <u>other goods</u> is an important determinant of demand for a product.
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Answer:
LLC Description C Corp. Description
(1) Pretax earnings $18,000 4%*$450,000 $18000 4%*$450,000
(2) Entity level tax 0 $2,700 15% × (1)
(3) After-tax entity earnings $18,000 (1) – (2) $15,300 (1) – (2)
(4) Owner tax $5,040 (3)*28% $2,295 (3)* 15%
(5) After-tax earnings $12,960 (3)- (4) $13,005 (3) – (4)
