Answer:
D
Explanation:
The law of supply states that when the price of an object rises, so does the quantity supplied. If the ketchups prices rise, so will the quantity that is supplied making this an example of the law of supply.
Answer:
Infinity
Explanation:
In economics, we say that demand is perfectly elastic when the Price elasticity of demand coefficient is equal to infinity. This is because in the scenario that demand is perfectly elastic, it means that the buyers will only buy at just one price.
Thus, the price elasticity demand for alfalfa will be infinity.
Answer:
b.True
Preferred Stock as their name suggest comes first in the dividend distribution.
If it makes no <u>purchase of the new shares </u>then, their investment will decrease to $76,800 as the market value no longer is $48 per share
This is an example of dilution that is, the decrease in both, business participation and also, value of the investment as new shares are issued the older investor will take a hit in their participation if they don't purchase additional shares in the new issuances
Explanation:
2,000 shares x $38.40 = 76,800
Answer:
$1,364
Explanation:
According to the MACRS a rental house is classified as the 27.5 year residential property. It is the first year after purchase and August is the 8th month of 2019 and so according to the MACRS depreciation table for the residential property the rate applicable for this property is 1.364%. Maximum depreciation deduction for the year 2019 is
Cost of House = $174,000
Cost of Land = $74,000
Cost of Building = $100,000
As depreciation on land is not applicable because it does not depreciate. The depreciation will be calculated using Building value
Depreciation = $100,000 x 1.364% = $1,364
<span>The theory of social Darwinism was used to promote the theory that capitalism would offer all the people of the nation an opportunity for great wealth. In this case, the answer would be Was used to justify the social consequences of industrial capitalism.</span>
