Answer:
P = $75 per club
n= 75,000 clubs
Explanation:
The demand and supply functions are:
The equilibrium price is the price that yields a quantity demanded equal to the quantity supplied:
The number of units sold at that price is:
It's true a limited liability company that has two or more members can be taxed as a corporation.
Option A) is true.
If you form a multiple-member LLC and do not file a special form with the IRS, the LLC will be taxed as if it were a partnership. You may elect to be treated as an S Corporation by filing IRS Form 2553, Election by a Small Business Corporation.
A multi-member limited liability company is treated as a pass-through entity for federal income tax purposes. As with a sole proprietorship GmbH, this means that the GmbH does not pay its own taxes. Instead, each member pays taxes on the company's income in proportion to their interest in the LLC.
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Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
The Tulip Mania in Holland went to a economic collapse in the value of Tulip bulbs in 1637. Stating this, even though, it didn't affect the Dutch economy at the time, since the Dutch Republic was the leading economy in the 17th century. Stating this, if Holland was did not possess financial stability, the following potential problems might occur:
1. The entire Dutch Republic might go into a depression, making every form of consumable and necessities inflated and money invaluable.
2. Might lead to a higher rate of unemployment, consequently resulting in other harmful factors like death.
3. Lastly, stating all of this, it would push back development for the Dutch and slow down progression.
Explanation:
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