This was not really a question
Answer:
B. shield his employees from having to make decisions about how the company operates.
Answer:
$4,000
Explanation:
The computation of amount of Virginia's casualty loss is shown below:-
If property is personal property or is not absolutely destroyed, then the amount of loss of casualty is the lower of:
1. The adjusted asset base, or
2. Reducing the fair market value of the property as a result of the incident
But loss of casualty, should be decreased by any salvage value by any insurance or even other reimbursement that you obtain or consider.
Basis = $14,000
Decrease in fair market value = $10,000
Lower of above = $10,000
From insurance company the Reimbursement is = 6000
So, the Loss of Casualty = $10,000 - $6,000
= $4,000
Answer:
D. differentiated products
Explanation:
Monopolistic competition refers to a kind of imperfect competition where there are may producers that sells differentiated goods that are therefore not perfect substitutes.
Perfect competition is where there are many producers that sell homogeneous or identical goods that are perfect substitutes.
Therefore, monopolistic competition is different from perfect competition because of differentiated products.
