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3 years ago

Government's role is to create and enforce laws that:

Business

1 answer:

vazorg [7]3 years ago

5 0

Answer:

Balance the relationship between business and society.

Explanation:

Government regulates both society and business.

The government regulates businesses to ensure that the activities of businesses are in the best interest of the society. This is why they regulate monopolies, tax companies that create negative externalities and subsidise the activities of companies that provide positive externality.

Government also has to look out for businesses by ensuring that the amenities and facilities needed for smooth running of business activities are in place. This is why a government may regulate import activities through quotas or tariffs.

I hope my answer helps you.

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The traditional economic framework assumes that people make rational economic decisions, that is, that they act in ways that max

iragen [17]

Answer: Some wine collectors decide not to sell their 20-year-old bottle of wine at the market price while refusing to buy another one at the same price.

Explanation:

If the wine collectors do not want to sell at the market price, this usually means that they place a higher value on their wine than the market is offering for it. This is rational and might hold water if they know something the market does not.

It is irrational however if they are offered a similar wine at the marker price and they do not buy it. A rationally minded person would have purchased the wine at the market price so that they can now have two wines that are valued above the market thereby presenting a chance to make profit.

3 0

3 years ago

The tax liability of a corporation with ordinary income of $105,000 is ________. Range of taxable income - Marginal rate $0 to $

zhannawk [14.2K]

Answer:

$24,199.02

Explanation:

corporation's ordinary income = $105,000

tax brackets taxable income tax rate taxed due

$0 - $50,000 $50,000 15% $7,500.00

$50,001 - $75,000 $24,999 25% $6,249.75‬

$75,001 - $100,000 $24,999 34% $8,499.66

$100,001 - $105,000 $4,999 39% $1,949.61

total taxes due $24,199.02

6 0

3 years ago

Tamery Corp. is engaged in marketing various goods and services. It buys products from various manufacturers and sells them to b

antiseptic1488 [7]

Answer:

B. It sells books to students.

Explanation:

Students is the only end-consumer in the choice of option.

8 0

3 years ago

The amount of income that would result from an alternative use of cash is called:_______.

Digiron [165]

Answer:

The answer is opportunity cost

Explanation:

Opportunity cost is the cost of an alternative forgone action. The cost of an action not taken. For example, Mr A had the chance to choose between job X and job Y, if he chooses job X, the salary that job Y will pay if he had chosen them will be the opportunity cost.

Therefore, the amount of income that would result from an alternative use of cash is the OPPORTUNITY COST.

7 0

3 years ago

On May 1, Melany contributed $7,000 and property, with an adjusted basis of $9,500 and a FMV of $11,500, for a 15% share of part

deff fn [24]

Answer:

her beginning basis is $16500.

Explanation:

basis of partnership

= money contributed + adjusted basis of equipment contributed

= $7000 + $9500

= $16500

Therefore, her beginning basis is $16500.

6 0

3 years ago