Answer:
$5,500 USD
Explanation:
Since traditional Roth IRA accounts cannot be owned jointly, then both individuals must have their own account. That being said they can still contribute to each other's Roth IRA accounts on behalf of their spouse. You can contribute a total of 100% of your earned income up to a limit of $5,500 USD. Pensions are not allowed as contributions. Individual's over the age of 50 have a limit of $6,500
You owe 2300 on your motorcycle. What kind of debt is this?
discharged
Answer:
The number of firms selling laptop computers decreases
Explanation:
Price ceiling is the legal maximum price for a good or service. It is a government imposed price control mechanism put in place to limit how high the price for a product, services or commodities can be.
Government out this in place so as to protect the consumers by ensuring commodities prices don not become expensively high or conditions that might warrant commodities to be expensive.
In the instance above, since the government have placed a price ceiling on sales of laptop computers, the factor/event that would make the market change from price ceiling that is not binding to one that is binding is if the number of firms selling laptop decreases, this would result that the price ceiling not initially having effect on the market price to do have effects on the market prices as the required price set for the sales of laptop will be at price below equilibrium and bind on the remaining number of sellers of laptops in the market. It will mean that the remaining firms selling laptop will not be able to satisfy the market and demand for laptop because the price has been artificially set low by the government.
Antitrust laws are implemented by both federal and state governments to promote B. Competition among firms.
- Without these Antitrust laws implemented by governments, some companies will stifle competition and tend towards monopolies.
- Antitrust laws check collusion among market players who may engage in price fixing and other anti-competition practices against consumers.
- Particularly, these Antitrust laws frown on the formation of cartels and the concentration of economic power in fewer hands.
Thus, Antitrust laws are not implemented to promote price fixing, monopolies, or bid rigging but to promote competition.
Read more about Antitrust laws at brainly.com/question/13800256
