Answer:
<em>The growth center concept has formed the cornerstone of industrial development policy in South Africa since apartheid was introduced as a constitutional model in 1948. This paper attempts to recapture the evolutionary development of industrial policy in South Africa and to underline prominent deficiencies in present industrial development policy. South African industrial policy continues the segregation practices of the past, despite the government's repeated statements in recent years that it intends to move away from the concept of apartheid. Guidelines for a revision in industrial development thinking based on sound economic principles rather than concealed political practices are suggested for the country.</em>
Answer:
The correct answer is letter "B": Domestic.
Explanation:
Regardless of the type of entity, <em>Limited Liability Companies</em> (LLCs), <em>Limited Partnerships</em> (LPs), and <em>Limited Liability Partnerships</em> (LLPs), organizations that operate in the state where they were incorporated are called domestic. For example, if an LLP is formed in New York, the LLP will be considered a domestic entity within the state of New York.
1) D
2) C
3) B
4) A
I think this is right if not sorry :)
Answer:
A firm maximizes its accounting profits when marginal revenue = marginal costs. In this case, the $250 tax, would increase the price of pizzas by less than 1 cent per pizza since total production = 80 pizzas x 360 days = 28,800 pizzas per year. Even if the restaurant only opens 6 days a week, its total production is very close to 25,000 pizzas. So the impact of the tax is really minimum.
If Ronny (I guess that is the owner's name) really wants to keep maximizing his profits, then he should increase the price of each pizza by 1 cent. The price increase will be minimum and very few customers will probably even notice.
Answer:
a) investors become irrationally optimistic that an asset's price will continue to rise.
Explanation:
A financial bubble starts to inflate when investors become irrationally optimistic that an asset's price will continue to rise. This causes these investors to throw money into the investments without any prior investigation for fear of missing out on the potential profits. This causes the price of the investment to rise drastically as more and more individuals invest until it reaches a tipping point, and those that invested at the very start begin to sell their investment options and take profit. Which causes the "bubble" to pop and the price comes crashing down.
