the answer on e2020 is true
Answer:
True
Explanation:
Information asymmetry occurs when one of the two parties in a transaction has more information than the other. This causes the person that has the least information to likely make bad decisions.
In the question, we have an example of information asymmetry: incumbent managers simply have more information about the companies, because they have actually worked in managing them.
Outside managers, while as qualified as incumbent managers, do not have as much information about the companies, because they have not actually worked there.
Answer:
under
above
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay – price of the good
For example, if the willingness to pay for a book is $100 and the price of the book is $50.
Please check the attached image for a diagram showing consumer surplus
Consumer surplus : $100 - $50 = $50
Answer:
The correct answer is: No, Jamarcus is not required to file a tax return.
Explanation:
According to the Internal Revenue Service (<em>IRS</em>) requirements for 2019, taxpayers who are single under 65 years-old with an income of <em>$12,200</em> or higher must file a tax return. Taxpayers who are 65 years old or older with an income of <em>$13,850</em> or higher are also obligated to report their income to the IRS.
Thus, <em>as Jamarcus' income for the year was $2,500 only, he is not required to file a tax return</em>.
Answer:
percentage of profit is 26.3%
Explanation:
given data
purchase property cost = $300,000
time = 2 year ago
sold property = $379,000
solution
we get here percentage of profit in relation to the cost
first we get here percentage value increase that is
percentage value increase = 
percentage value increase = 1.263
percentage value increase = 126.3%
so here 1 in 1.263 represent you the original cost
so profit % = 1 - 1.263
profit % = 26.3%