Answer: $3500
Explanation:
In the general rule section 117(d)(1), it should be noted that when calculating the gross income, the reduction in tuition isn't included.
Based on the above reasoning, Graham's gross income will not include the $5,000 tuition reduction that was offered by the chemistry department.
Therefore, the amount that Graham must include in his gross income will be $3500.
Answer:
Prices will decrease and the quantity produced will increase.
Explanation:
Because labor costs are lower in developing countries, when these countries produce manufactured goods, they do it at a lower cost, meaning that these goods will also have a lower price for the final consumers. If these cheaper goods are exported to the U.S. market, the U.S. market is flooded with more goods at a lower price, something that may affect some U.S. firms, but that benefits the majority of U.S. consumers.
Answer:
You are part of the internal segment of the supply chain, and the metal company is part of the upstream supply chain.
The internal supply chain relates to processes within the company, and the upstream supply chain refers to the supply of raw materials and other input to be made into output in the company.
If a car-building company in Texas imports steel from Wisconsin, then, the providers in Wisconsin are the upstream supply chain.
The level of organizational culture that is being described
in the scenario above is the basic underlying assumptions in which this level
focuses more on taking beliefs for granted in a way that they use their
thoughts and feelings in a course of action in which Bill does because of his
beliefs.
Answer:
No, it is not a violation of the <em>law of demand</em>, hence why it is a "law."
Explanation:
During summer months, the demand for beach resorts increases. This is <u>different</u> from an increase in <em>quantity</em> demanded. The curve is shifting instead, towards the right, while the supply is stable. Since the demand curve shifts right, the price will increase to restore market equilibrium.
It is best to draw a graph for these questions, and know your demand determinants.
