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boyakko [2]
3 years ago
6

The market for fertilizer is perfectly competitive. Firms in the market are producing output but are currently making economic l

osses. Which of the following statements is true about the price of fertilizer? Check all that apply. The price of fertilizer must be greater than average total cost. The price of fertilizer must be greater than average variable cost. The price of fertilizer must be greater than marginal cost.
Business
1 answer:
k0ka [10]3 years ago
8 0

Answer:

The price of fertilizer must be greater than average variable cost.

Explanation:

  • Being a perfectly competitive market the prices of the fertilizers will rise. As the forms are making economic losses the prices must be greater the average variable costs.
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After hearing that a local tire company was looking for a new firm to handle their advertising, Kevin scheduled a sales presenta
Dahasolnce [82]

Answer:

Extemporaneous Style

Explanation:

Extemporaneous Style  refers to the kind of style that is rehearsed but is delivered in a way that it seems spontaneous and flawless.

Kevin must adopt this style because he needs fact and figures to back his presentation regarding his advertising business. He should not come off as a slide reader for his own business. Therefore, this is the best style which would impress the investors greatly into giving his pitch a thought.

8 0
3 years ago
Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at
oksano4ka [1.4K]

Answer:

Explanation:

Given that:

Matt and Meg Comer are married, file a joint tax return and do not have any children.

The total salary of Matt and Meg = $64,700 + $34,000 = $98,700

The net short capital gain = Short-term capital gains - Short-term capital losses

The net short capital gain =  $9,200 - $2,200 = $7,000

The net Long term capital gains = Long-term capital gains - Long-term capital losses

The net Long term capital gains = $15,390 - $6,390 = $9000

The Adjusted gross income AGI = Total Salary + net short capital gain + net Long term capital gains

The Adjusted gross income AGI = $98,700 + $7,000 +  $9000

The Adjusted gross income AGI = $114700

The Taxable income = Adjusted gross income AGI - Standard deduction

The Taxable income = $114700 - $24,400

The Taxable income = $90,300

The net taxable income = Taxable income - less preferentially taxed income

The net taxable income =  $90,300 - $9000

The net taxable income =  $81,300

For 2019:

Tax Liability = $9086 + ($81,300 - $78,950) × 22%    

Tax Liability = $9086 + ($2,350)  × 0.22

Tax Liability = $9086 + $517

Tax Liability = $9,603

The long-term capital gain for 2019 = $9,000 ×  15%    (since it is between  15% - 37% ordinary income tax range, it may be taxed as 15%)

The long-term capital gain for 2019 = $9,000 ×  0.15

The long-term capital gain for 2019 = $1350

Therefore;  the Comers’ tax liability for 2019 if they report the following capital gains and losses for the year is:

Tax Liability  + The long-term capital gain for 2019

= $9,603 + $1350

= $10953

b.

The total salary of Matt and Meg = $64,700 + $34,000 = $98,700

The net short capital gain = Short-term capital gains - Short-term capital losses

The net short capital gain =  $1,500 - $0 = $1,500

The net Long term capital gains = Long-term capital gains - Long-term capital losses

The net Long term capital gains = $10,500 - $10,200 = $300

The Adjusted gross income AGI = Total Salary + net short capital gain + net Long term capital gains

The Adjusted gross income AGI = $98,700 + $1,500 +  $300

The Adjusted gross income AGI = $100,500

The Taxable income = Adjusted gross income AGI - Standard deduction

The Taxable income = $100500 - $24,400

The Taxable income = $76,100

The net taxable income = Taxable income - less preferentially taxed income

The net taxable income =  $76,100 - $300

The net taxable income =  $75,800

For 2019:

Tax Liability = $1940 + ($75,800 - $19,400) × 12%

Tax Liability = $1940 + ($56400)  × 0.12

Tax Liability = $1940 + $6768

Tax Liability = $8,708

The long-term capital gain for 2019 = $3,190 ×  0%        (since it is in 10% - 15% ordinary income tax range)

The long-term capital gain for 2019 = $0

Therefore;  the Comers’ tax liability for 2019 if they report the following capital gains and losses for the year is:

Tax Liability  + The long-term capital gain for 2019

= $8,708 + $0

= $8708

5 0
3 years ago
How is a free-market economy different from a mixed economy?
liraira [26]
A free economy has a 100% open economy with very little government interaction however a mixed economy is open to the public but is semi-closely regulated by the government.
3 0
3 years ago
Read 2 more answers
Wal-Mart was one of the most successful firms of the 1970s and 1980s. Much of Wal-Mart's success can be credited to its expansio
enyata [817]

Answer:

The correct answer is letter "D": Wal-Mart employed a preemptive strategy.

Explanation:

Game Theory is a branch of Economy that studies the decisions in which an individual could succeed if he or she takes into account the decisions of the rest of the participants involved in the event. Game Theory has also been applied for subjects such as <em>Mathematics, Managements, Psychology </em>or <em>even Biology. </em>

In the game theory, the Preemptive Strategy is implemented when individuals take a step before other participants in an attempt of having a favorable outcome of the situation. They lead the event using creativity. Thus, <em>Wal-Mart used the preemptive strategy by opening stores in small towns that supported only one discount store.</em>

8 0
3 years ago
The government of Ruritania has implemented many programs that promote equality, but has become concerned about the very slow ra
IceJOKER [234]

Answer: b. reduce taxes and cut back on some social programs

Explanation:

When the Economy is not doing well, Social programs are usually targeted as they usually take a lot of money from the Government's coffers.

It is also a generally held view that reducing taxes as a Fiscal policy can help stimulate the Economy by leaving the public with more funds to invest in and spend on the Economy.

The Government of Ruritania is therefore most likely to combine reducing Social programs as well as reducing taxes. This will have the effect of leaving the Government with some money as it loses revenue from taxes whilst also enabling the public to have more money to invest and to spend which will then lead to Economic growth.

8 0
3 years ago
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