That is not a question it is a statement. However yes, businesses tend to increase the price of an activity the more customers react positively to the activity.

3 0

3 years ago

Alexa owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo:

Butoxors [25]

Answer:

Part(A):

Total expenses in connection with condo:

= 2000 + 6500 + 2000 + 1400 + 2500 + 14500

= $28,900

Assuming Alexa receives $20,000 inn gross rental receipts, she will incur losses = 20000 -28,900 = (8,900)

As Alexa's AGI from all sources other than the rental property($200,000) is higher than $150,000, she will not be able to deduct any amount of loss against her active income.

Therefore the loss is not deductible and rental activity has no effect on her AGI.

Part(B):

Assuming that Alexa’s AGI from other sources is $90,000.

Since her AGI is less $100,000, she will be able to deduct loss of $8,900

Therefore, rental activity loss will reduce Alexa's AGI to = 90,000 - 8.900 = 81,100

The rental activity loss will reduce her AGI by $8,900 and her AGI would be 81,100.

5 0

3 years ago

Economists consider governments to be "wasteful:" - whenever they over- or underallocate resources to a project. - only when the

ahrayia [7]

Answer:

The correct answer is: whenever they over- or under-allocate resources to a project.

Explanation:

A government is considered to be wasteful by the economists if it over-allocates or under-allocates resources on a project. Whenever resources are not efficiently or optimally allocated it is considered wasteful.

In case resources are over-allocated, the reason is given that the excess resources could have been used somewhere else.

In case resources are under-allocated, the reason is given that the given resources will not be able to provide the desired output.

3 0

3 years ago

A parent sold land costing $400,000 to its subsidiary for $450,000 in 2017. The subsidiary still holds the land at the end of 20

nadezda [96]

Answer:

correct option is a. Land

Explanation:

given data

land costing = $400,000

subsidiary 2017 = $450,000

land credit = $50,000

solution

While when we consolidating land that will appear in the group asset at the amount of 450,000.

so here the appreciation in the value of land is not realized gain .

so that there will be credit to land with 50,000

so correct option is a. Land

5 0

3 years ago