Answer:
x²+5x+5(x+5)x²+5x+5x+25x²+5x+5x+25x²+10x25
Answer:
What she wants to know is whether she can deduct expenses related to her home office?
There are two basic requirements for claiming a home office deduction:
- Regular and exclusive use: this might qualify because her home office would be used only as an office and not as an additional room. This requirement is OK.
- Principal place of your business: she fails with this requirement since most of her work is done at her client's office. Since most of her work is done outside her home office, she cannot deduct expenses for it.
What is the estimated amount of the home office deduction?
There are two ways to deduct home office expenses if you qualify (in this case she doesn't):
- Simplified option: $5 per square foot (for a maximum of 300 sq ft) = $1,500
- Regular method: deductions are based on a % of the area used by the home office, in this case she could deduct approximately 10% of her home expenses (= 500 / 5,000) if she had qualified for the deduction.
Answer:
A) rational self-interest because he is attempting to increase his own income by identifying and satisfying someone else's wants.
Explanation:
One of economics basic premises is that human beings are rational and act on self interest. That describes both the behavior of consumers who will always try to maximize their benefits at the lowest possible cost, and entrepreneurs like Alex who will try to increase their wealth by identifying and satisfying other people's needs and wants.
Answer:
The correct answer is: applies only in the short run.
Explanation:
The law of diminishing marginal returns states that keeping other things constant, as a producer goes on increasing the quantity employed of input, the marginal returns from each additional unit of input goes on declining.
In other words, as we increase an input the output first increases at an increasing rate then starts increasing at a decreasing rate.
As more and more unit of a variable input is combined with fixed inputs, the marginal returns from variable input go on declining. This applies only in the short run. In the long run, all factors are variable.