It should be noted that the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded.
It should be noted that an elastic demand simply means a situation whereby a change in the price of a good lead to a larger change in the quantity demanded.
In this case, the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded. For example, an increase in price will make the customers buy other fruits.
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Answer and Explanation:
There are sure key focuses which manager should remember to guarantee a smooth coordination of the data system.
- Has the IT guide and system been resolved?
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In view of the IT methodology, is the union arrangement for the IT frameworks set up?
- Does a solidification plan have satisfactory time and assets for mix?
- Have test plans been created?
- In light of the IT system is there an emergency course of action close by?
- Are for the most part frameworks components incorporated into the solidification plan?
- Has the arrangement for IT acquirement, physical area and assets been resolved
Answer and Explanation:
The computation of the amount considered as US sourced income is as follows;
= $5,000 × 10 days ÷ 20 days
= $2,500
The following are the requirement related to the fully exempt US source income is as follows:
1. The service should be perfomed by an United States NRA for 90 days or less
2. The compensation should not be more than $3,000
3. The service should be performed on behalf of
a. NRA, foreign corporation or partnership who not engaged in US trade
b. The office should be maintained in US by an individual who should be the citizen of US
So the same is not allowed for exemption