Answer:
Your task is to take this <u>demand schedule</u> and construct a graphical representation of the data. In doing so, you determine that as the price of soda rises, the quantity of soda demanded decreases. This confirms the <u>law of supply and demand
.</u>
Explanation:
A demand schedule basically shows us the quantity demanded for a good or service at different price levels.
As the price of a good or service increases, the consumers will be less willing to purchase the good or service, therefore the quantity demanded will decrease. When the price of a good or service increases, this results in a higher opportunity cost for the consumer and a lower consumer surplus.
Inversely, when the price of the good or service increases, the suppliers will be more willing to produce the good or service, therefore the quantity supplied will increase.
.....................................................A
Variable cost vary in direct proportion to business volume (quantity sold or quantity produced)
Fixed cost remain constant regardless of sales or manufacturing volume.
According to question if sales are increased by 1200 units.current year sale will be 11200 unit .
Suppose Wesson have a variable cost of $6 per unit and fixed cost of $1000.
Cost of 10000 units are :-
Variable cost is 60000(10000*6)
Fixed cost is 1000.
Cost of 11200 unit are :-
Variable cost is 67200(11200*6)
Fixed cost is 1000
So if sales are increased by 12%. Variable cost are increased by 12%(67200-60000). Fixed cost remain the same at 1000 regardless of sales increased
Therefore,
Variable cost increases, Fixed cost remains constant. Answer is choice (e)
Answer: Windmill is not a CFC and none of the shareholders will have a deemed dividend under subpart F.
Explanation:
Subpart F income include insurance income, illegal bribes, foreign base company income, international boycott factor income, etc.
It should be noted that Windmill isn't a controlled foreign corporation that is the company isn't a corporate entity which is duly registered and then conducts business in another country that's different from its home country. Therefore, none of the shareholders will have a deemed dividend under subpart F.