A taxidermist is a person who practices taxidermy.
Answer:
Increase.
Explanation:
The quantity that exists when a market is in equilibrium. Equilibrium quantity is simultaneously equal to both the quantity demanded and quantity supplied. In a market graph, the equilibrium quantity is found at the intersection of the demand curve and the supply curve.
Answer:
Ceteris paribus
Explanation:
Ceteris paribus is a Latin term that means other things being equal. It also means all other things being constant or all other things being unchanged.
In economics when there is need to isolate the effect of an action it is important to keep other variables constant, so that observed results are attributed only to the variable under study.
For example in price elasticity of demand when price increases the demand is observed to reduce. This statement is based on the assumption that all other variables remain constant.
Other variables that can affect the statement above are interest rate, inflation, and income level.
Answer:
True: In a management course, the objectives are to let students know, what is management, what are the techniques involved, and what are the do's and don't, how to lead a particular group, and guide them to attain objectives, but do not make them practice this in the course itself.
False: The management course, is all about understanding the concept of management, all its objectives, effects, requirements, etc: In short it teaches how to become a manager. Therefore, it is just not about management, but it is more about how to become a manager.
<u>Answer:</u>
Taxable Income = pretax accounting income + warranty expense + depreciation expense - warranty costs were incurred - MACRS depreciation
Taxable Income = 80 + 7 + 20 - 2 - 35
Taxable Income = $ 70
Centipede's income tax payable = Taxable Income multiply tax rate
Centipede's income tax payable = 70 multiply 40%
Centipede's income tax payable = $ 28 Million
<u>Note:</u> I have assumed that tax rate is 40%
