Answer:
Explanation:
Ms. P receives $6,000 from Company P due to her husband A's loyal service and She receives $600 that her husband earned prior to his death. Hence, Ms P earns a total of $6,600 ($6000 + $600) gross income.
The amount of $90,000 receive from the life insurance proceeds are excluded from the gross income.
Ms P's daughter receives $4,000 from company P. It should be included in her daughter income.
The answer is C because you have to love what you want to become in order to succeed in life and letter C represents a poor reason to choose a profession because if for example you decide to become a teacher and you don't like the job, but the salary then you would not be more than a failure.
The answer to this question is <span>franchise
</span><span>franchise refers to a form of business model that give other party the right to use the company's business model.
</span>As a return, that other party have to pay a certain percentage of money periodically based on the sales that they made by using the franchise.
Answer and Explanation:
1. Is economically efficient because the opportunity cost of producing the last hamburger equals the marginal benefit of consumption
the economy is efficient since the equilibrium quantity is exactly produced at the equilibrium price
2 and 3.
a. The market price is determined solely by the forces Of supply Of and demand for a good.
b. Firms can freely enter Or exit the market without any barriers.
c. Private property rights are well-defined and enforced.
The above can all be seen as characteristics of an efficient market. Private property rights is included here since it is one of the bedrocks of capitalist economies which are fundamental for an efficient market
Answer:
The Internal Revenue Service is the one responsible for collecting taxes and for administering the internal revenue code. The IRS perform the following duties: they provide tax assistance to tax payers, resolves mistaken tax fillings and pursue fraudulent tax filings. IRS is headed by a commissioner who is typically appointed for a five year term by the president.
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Explanation: