The right answer for the question that is being asked and shown above is that: "decrease." If the price of butter increases, then the demand for margarine will likely <span>decrease. The answer is correct as far as the price of the butter increases.</span>
Answer:
$17,724
Explanation:
Jamie is single with taxable income of $100,000 that includes $5,000 long term capital gain. So, $95,000 will be taxed under normal tax rates and $5,000 as per long term capital gain tax rate.
As per 2019 tax schedule, Jamie falls under 24% tax bracket under filing for single status. Calculation of ordinary tax:
Tax liability on ordinary income = 14,382 + 0.24 (95,000 - 84,200)
= 14,382 + 2,592
= $16,974
Since, her total income is more than $39,376 but less than $434,551, long term capital gain tax applicable in 2019 is 15%
Tax on long term capital gain = 5,000 × 0.15
= $750
Jamie's total tax liability is 16,974 + 750 = $17,724
Answer:
A
Explanation:
While financial reserve is an amount set aside, for emergencies is most appropriate is because, emergencies may either be short-term or medium term depending on the way it comes. A reserve can always be used to cushion the effect of unexpected events.
The correct answer to this open question is the following.
You forgot to include the options for this question. However, we can say the following.
Pebbles cereal could be classified according to the Boston Consulting Group model as a "Problem Child."
When the Boston Consulting Model classifies some product as a "Problem Child" or "Question Mark," this means that the product is high growth markets but low market share. This position has a risk. The product could become a star, which means products in high growth markets with a market share as high as the growth, or, on the other hand, the product could fail and drop to be placed on the "Dog" box, which means that the product has low growth and no market share. This is a very delicate position for the product because the company often invest money that has no further effect.
Answer:
Equilibrium quantity will increase but we cannot say for sure what will happen to equilibrium price.
Explanation:
Last statement is correct:
Whenever the supply and demand moves in the same direction that is if one increases other also increases or vice-versa.
Then, the quantity can be determined but the price cannot be determined.
As with decrease in the supply, the quantity supplied will be less, and since demand is also less, the quantity at equilibrium will also be less, and will be identified properly.
But as we discuss the price, it not only depends on the demand and supply, but would depend on consumer as well as producer behavior.
The consumer wants to buy at less price, but the producer will tend to sale it at a higher price, therefor, with this pressure which is inverse in nature, the degree or range of price can be identified but that the price cannot be determined, it might increase or decrease.