If a price floor of $15 is imposed on this market and the government chooses to purchase the surplus, the government must buy <u>10</u> units of the good and spend a total amount of <u>$150</u> on its purchase.
<u>Explanation</u>:
According to the given figure, a surplus of the good will result if the price is $15. The government has a total amount of $150. If it decides to spend the total amount on purchasing, the government should buy 10 units of goods.
As the price of each good is $15 and the total amount with the government is $150.
On calculating with the given information,
150/15= 10
So the government can buy 10 units of goods for the total amount of $150.
According to Robert Merton, Anomie occurs when individuals feel social and psychological strain due to a lack of acceptable means for achieving success.
Explanation:
The American sociologist named Robert King Merton. He worked most of his profession at Columbia University where he graduated as a professor of the University.
Anomie is "the state that society gives persons no moral guidance" .
Conflicts between values and social linkages between an individual and the group will contribute to anomia.
Goals can become so relevant that illegal means can be used if the institutionalised means — that is to say, appropriate in compliance to social standards — collapsed. Stronger emphasis on results than means produces a tension that leads to a deterioration of the regulatory structure–that is to say, anomie.
Answer: customer's beginning tax basis = $10,000
Explanation:
Customer's beginning tax basis are the initial cost of the partnership for commission legal and organizational fees and these are not deductible from the cost basis.
Given: A customer subscribes to a $10,000 limited partnership interest.
That means initial cost = $10,000
So, the customer's beginning tax basis = $10,000
Answer:
A. current liabilities
Explanation:
notes payable are for a period of 90 days which falls under the definition of current liabilities and not for any other given option. current liabilities are those liabilities which are maximum up to 12 months of period. so we should answer A. current liabilities
