Answer:
The city's income base fell by $80 million
Explanation:
If during 2004 the city was able to raise $20 million with a 5% income tax, then the city's income base was:
($20 million / 5) x 100 = $400 million
If during 2005 the city was only able to raise $19.20 million with a 6% income tax, then the city's income base lowered to:
($19.20 million / 6%) x 100 = $320 million
This means that the city's income base was reduced by $80 million (= $400 million - $320 million)
Answer:
Property inspection rules
Explanation:
Property inspection rules ensure that routine inspection is carried out on a property to ensure it is well cared for.
When a buyer of real estate makes a purchase and realises that the property has defects that were not disclosed initially, he can sir the seller and the broker.
To avoid this the broker should ensure that property inspection rules are followed.
The tenant should also be aware of the inspection and have access to the result. This will give him adequate knowledge of the defects of the property prior to purchase.
With this fore knowledge it is less likely the buyer will sue for undisclosed defects.
Answer:
The correct option is B
Explanation:
Price elasticity of the demand is the measures of the responsiveness for the product whose quantity is demanded with the change or variation in the price.
It is used in the business when decision in relation to the price of the product is taken and for rest of the marketing mix.So, the one which is not a determinant of the price elasticity of demand is flatness or steepness of the supply curve of the product or good.
Answer:
Explanation:
Calculation for what The total of the product costs listed above for September is:
Direct materials $113,000
Add Utilities, factory $5,000
Add Indirect labor $25,000
Add Depreciation of production equipment $20,000
Add Direct labor $129,000
Total product costs $292,000
Therefore The total of the product costs listed above for September is: $292,000