D. Violates public policy
For Example: you can not enter into a payment arrangement for illegal drugs lol
Answer:
The correct answer is letter "D": the output effect works to increase total revenue and the price effect works to decrease total revenue.
Explanation:
The output effect in a monopoly takes place when the price of input will raise the production costs of a business and reduce its output level and vice-versa. The price effect refers to the impact an activity has on the value of something. The price effect consists of the effect of substitution and the effect of profits. While the output effect has the purpose of increasing revenue, the price effect works towards decreasing it.
Answer: $39,500
Explanation:
Service Cost for the year = Ending PBO - Opening PBO - Interest cost + Benefits paid
<u>Opening PBO</u>
Opening PBO is the amount that the interest was charged on.
Discount rate of 10% came out to be $7,500.
The opening balance = 7,500/10%
= $75,000
Service Cost = 112,000 - 75,000 - 7,500 + 10,000
Service Cost for the year = $39,500
Answer:
$500,000
Explanation:
The Federal insurance corporation pays a sum of $250,000 to depositor in an insured bank for every category of qualified account owners. Deposits in different banks (but not branches ) are treated different by FDIC for the purpose of insurance.
In a joint deposit account , the federal deposit insurance corporation pays each of the spouse a sum of $250,000 each over the aggregate deposit in the account. All separate accounts owned by the person in a the same banks are merged together.
Answer:
C) the taxpayer's type of business
Explanation:
When we talk about taxation of income, then the US Government has this basis in which the citizenship, the marital status and whether the citizen is resident, the nature of income earned, it all matters.
US federal tax is determined based on various factors, but is not determined on the status of the type of business, as whether it is from retail or from manufacturing unit, it is not the concern of federal system.
The tax system is based to tax the income whatever is the source, although there are certain exceptions.