Answer:
A. the efficient level of production is less than what competition will obtain. B. the efficient level of produ
Explanation:
An activity has a positive externality if if the benefit of the activity exceeds the cost of the activity to third parties.
Education and research and development usually generate positive externality.
Activities that generate positive externality are usually under produced in the economy due to the high cost of production.
The government can encourage production of activity that generates positive externality by giving subsidy.
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Answer:
$2,587
Explanation:
The computation of the tax liability is shown below:
In the case of the married couples, the range of taxable income up to $19,050 would be charged a tax rate is 10%. Above $19,050 till $77,400, the tax rate is levied for 12%.
Since the taxable income is $24,730
So, the tax liability would be
= $19,050 × 10% + ($24,730 - $19,050) × 12%
= $1,905 + $681.60
= $2,587
Objective <span>evaluation methods use some measurable quantity as the basis for assessing performance.
Objective evaluation tends to set some sort of countable standard and judge the employees based on whether they're able to pass that standard or not. An example of this countable standards are: Total sales, total customer complaints, total customer ratings, etc.</span>
Answer:
Fiduciary
Explanation:
Fiduciary is a person or organization which acts on behalf of another person to manage assets. The fiduciary must act in others' best interests. A fiduciary is responsible for both general well being and the finances of their clients. Financial advisers, Money managers, Bankers and Accountants, they all have fiduciary responsibilities.
As an investment vehicle, and regarding the tax consequences, real estate investment trusts (REITs) are organized as REITs.
As the name suggests, REITs are organized as trusts. The assets held in the trust and the distributions made can affect the tax consequences of the trust. As an investment vehicle, shares are sold to investors and these shares may trade on stock exchanges.
Real estate investment trusts (REITs) are securities that own and, in most cases, manage income-generating real estate or related assets that trade like stocks on major stock exchanges. Many REITs are registered with the SEC and listed on exchanges.
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