Answer:
Option (C) is correct.
Explanation:
Abigail deduct in depreciation:
= Total value of three sculptures - (Utility expenses + Supplies expenses)
= $3,200 - ($1,200 + $1,500)
= $3,200 - $2,700
= $500
Since, it is given that the sculpting is considered as a hobby and we know that hobby expenses are deductible to the extent of hobby income of $3,200.
Further, they are deducted in a specific order
:
-
Allowable such as property taxes and interest;
- Related to the activity other than those that decrease basis;
- Things which reduces basis (depreciation).
If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for concern about <span>the extent of competition. In a monopolistically </span>competitive market, products are differentiated by brand and quality but are not perfect substitutes due to this. Perfect competition is basically a theoretical market because the criteria to qualify has a perfect competitive market is hard to meet. The firms all set the price of their product and the market does not have any influence over it.
Answer:
B. a financial intermediary because they take premiums and use them to purchase financial securities
Explanation:
Answer:
A: Optimization in differences
B: Optimization in levels
C: Optimization in differences
D: Optimization in levels
Explanation:
Optimization in levels <em>Vs.</em> Optimization in differences
Optimization in levels is a method of selecting different alternatives on the basis of calculating net benefits( net benefits = benefits - costs) a person realizes from those alternatives.
Optimization in differences, on the other hand, is a method of selecting different alternatives on the basis of calculating change in levels of costs and change in levels of benefits to derive net change in benefits.
How to choose?
<u>Optimization in levels</u>: (net benefit) look at total benefit – total cost
<u>Optimization in differences</u>: look at the change in the net benefit of one option compared to another
Answer:
False
Explanation:
The aim of a Community organization is to enhance a community's health, welfare, environmental condition and so on.