Answer: Option (A) is correct.
Explanation:
In a competitive market, when the demand curve i.e. the marginal benefit curve is exactly equal to the supply curve i.e. marginal cost curve and at this point the sum of consumer and producer surplus is maximized then an equilibrium is set in an economy and economic efficiency is obtained.
Inefficiency occurs at a point where there is a disequilibrium in an economy which means that competitive equilibrium is not achieved by the economy.
Answer:
Inventory Turnover Ratio for 2008= 3.223 Times
Inventory Turnover Ratio for 2009= 3.91 times
Explanation:
Inventory Turnover Ratio= Cost of Goods Sold / Average Inventories
Inventory Turnover Ratio for 2008= $632,000/ $201,000
+ 191,100/2
Inventory Turnover Ratio for 2008= $632,000/196,050
Inventory Turnover Ratio for 2008= 3.223 times
Inventory Turnover Ratio for 2009= $ 731,000/191,100
+ 182,600/2
Inventory Turnover Ratio for 2009= $ 731,000/ 186,850
Inventory Turnover Ratio for 2009= 3.91 times
Answer: A) Federal National Mortgage Association pass-throughs.
Explanation:
From the question, we are informed that a resident of Minnesota is in the 28% federal tax bracket and the 4% state tax bracket. This person must pay both federal and state taxes on Federal National Mortgage Association pass-throughs.
It should be noted that the securities of most government agencies in the United States are typically exempted from paying the local and state taxes but they have to pay federal taxes.
Answer:
The employer
Explanation:
because use they are replaceable for their employees to be treated well and equally.