Klippert is best described as a SOLE PROPRIETORSHIP.
A sole proprietorship business is also called a one man business. In this kind of business formation, the owner of the business is responsible for starting the business and getting it ruining. The owner draws up the business plan, get the capital and see to the day to day activities of the business.
<span>#1) Which of the law ideas might be created under the Elastic Clause?
Answer: First we have to understand that the Elastic Clause is a statement in the constitution, Clause in Article I, Section 8 of the Constitution that gives Congress the right to make all laws “Necessary and Proper”. Its interpretation has caused many debates regarding the bounds of Congress in passing laws that are not expressly covered in the Constitution. Out of all the options that are available the most likely to be created under the elastic clause is A) rules for approving foreign treaties.
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Answer:
If the several companies in the tobacco industry produce similar products but have very different marginal costs: they are more likely to engage in tacit collusion than firms with similar costs.
Explanation:
Tacit collusion occurs when firms silently agree on a strategy that will benefit them both either by cutting cost or increasing patronage.
If the several companies in the tobacco industry produce similar products but have very different marginal costs, some firms might decide to collude tacitly by lowering their prices therefore controlling a larger potion of the addressable market.
The reason this action is taken silently is because express collusion will attract legal sanctions that will be supported by firms within the industry that did not collude.
Answer:
$12,000
Explanation:
Data provided
Borrowed amount = $40,000
Rate of interest = 5%
Fixed cost = $10,000
Variable cost = $25,000
Price per dozen = $2.00
The computation of total fixed costs is shown below:-
Return on investment= $40,000 × 5%
= $2,000
Total fixed costs = Fixed cost + return on investment
= $10,000 + $2,000
= $12,000
Answer:
Portfolio managers oversee a collection of projects, programs and other activities that are grouped together to meet strategic business objectives. The practice of portfolio management is integral to the implementation of your organization’s overall strategic plan.
Explanation:
