Answer: Cross price elasticity is - 0.12
Explanation:
Cross price elasticity measures the responsiveness of quantity demanded of good a to a change in any of its related variable such as good b.
Given,
Pa=6, Pb=3, and M=30,
So, cross price elasticity is given by
Since, cross price elasticity is negative it means that good a and good b are complements to each other.
Answer:
(d) task environment
Explanation:
Task environment relates to the external environment of a business which directly affects production of goods and services a business has to offer. This affects a business ability to reach it's goals. It comprises of:
- Suppliers : They supply raw materials which are essential for production.
- Customers: They are the ultimate users of goods. Customer wants and preferences determines the kind of product a business shall produce.
- Competitors: They affect the pricing of goods. Their strategies directly affect the business.
- Labor Supply: For any production to take place, man and material are essential. Labor supply in the market again affects pricing of the goods.
Thus, the suppliers, the labor market, and the customers make up the <u>task environment</u> of Werkley Inc.
Securities Exchange Act of 1934 regulates ongoing reporting by companies whose companies securities are listed and traded on a stock exchange or that possess assets greater than $10 million and its equity securities are held by 500 or more persons.
In order to ensure better financial openness and accuracy and less fraud or manipulation, the Securities Exchange Act of 1934 (SEA) was developed to regulate securities transactions in the secondary market, after issue. The regulations specified in the SEA of 1934 must be followed by all businesses that are listed on a stock exchange. The Securities Exchange Act of 1934's regulations were put in place to promote fairness and investor confidence. The Securities Act of 1933, which compelled companies to disclose certain financial information, including stock sales and distribution, was followed by the Securities Exchange Act of 1934 (SEA).
To know more about Securities Exchange Act of 1934 refer:
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Answer:
a) the maximum amount that Bill and Laura will be able to deduct during the current year is $3,000. Their remaining loss = $19,000 - $3,000 = $16,000. The remaining $16,000 loss must be carried forward and deducted in subsequent years, or year, depending on their future capital gains. Total tax saved during this year = $3,000 x 39.6% = $1,188.
b) additional tax liability = $15,000 x 20% = $3,000
c) if they sell both, then their long term capital gains = $15,000 - $19,000 = -$4,000. They can deduct $3,000 during the current year, and the remaining $1,000 loss can be deducted in subsequent years. Total tax saved during this year = $3,000 x 39.6% = $1,188.
