Okay this question is a little tricky but I think the answer is B because he was one of the authors of the communist manifesto that states that the means of the production (Which is resources and the buildings that make the goods.) is Managed by the government. So that’s why I think it is B have a nice day :D
Answer:
$20,000 income
Explanation:
<em>Computation</em>
Particulars Amount
Sale Value of corrected product= $42,000.00
(2,000 * 21)
Less : Costs of Correction = ($12,000.00)
(2000 * 6)
Less : Opportunity costs - Salvage Value Lost = <u>($10,000.00)</u>
(2,000 * 5)
Incremental Revenue= <u>$20,000.00</u>
Answer:
D: All of the above
Explanation:
D. All of the above may be considered an appropriate action depending on the type of violation and the sponsoring partner’s corrective actions.
Failure to comply with these standards could result in, but is not limited to, the following:
• Your removal from all VITA/TCE Programs;
• Inclusion in the IRS Volunteer Registry to bar future VITA/TCE activity indefinitely;
• Deactivation of your sponsoring partner’s site VITA/TCE EFIN (electronic filing ID number);
• Removal of all IRS products, supplies, loaned equipment, and taxpayer information from your site;
• Termination of your sponsoring organization’s partnership with the IRS;
• Termination of grant funds from the IRS to your sponsoring partner; and
• Referral of your conduct for potential TIGTA and criminal investigations
Answer:
-2.5
Explanation:
Elasticity of demand measure the responsiveness of demand against the change in price of the product. It shows how much demand changes if there is the change in price.
Change in Quantity = ( S2 - S1 ) / [ ( S2 + S1 )/2 ]
Change in Quantity = ( 800 - 1,000 ) / [ ( 800 + 1,000 )/2 ]
Change in Quantity = -200 / 900
Change in Quantity = -0.2222222
Change in price = ( P2 - P1 ) / [ ( P2 + P1 )/2 ]
Change in price = ( $35 - $32 ) / [ ( $35 + $32 )/2 ]
Change in price = $3 / $33.5
Change in price = 0.090
Elasticity of Supply = Change in Quantity / Change in Price
Elasticity of Supply = -0.2222222 / 0.090 = -2.5
Elasticity of Supply = 0.597 = 0.60
