Tax helps in stablising the price of product ; because tax is added to the price of product as value added that's why increase in tax system also increases in price of product; also businessmen needs to pay tax from their profit.
Answer:
He could afford to spend $133,411 for the device now.
Explanation:
The maximum the surgeon could afford for the device is equal to the sum of present value of the lawsuit costs that he can avoid in year 2 and year 5 which is:
+ Year 2: 600,000 * %out-of-pocket cost for the law suit = 600,000 * 10% = $60,000;
+ Year 5: 1,350,000 * %out-of-pocket cost for the law suit = 1,350,000 * 10% = $135,000.
=> The amount he can afford for the device = 60,000 / 1.1^2 + 135,000 / 1.1^5 = $133,411.
So, the answer is $133,411.
Answer: line extension
Explanation:
The action whereby the company plans to introduce new products in the market within its existing product category is referred to as line extension.
Line extension occurs when the brand name for an established product is used for a new item that is in same product category. This can be in form of added ingredients, colors, new flavors etc. An example is a manufacturer of soft drink who adds "apple flavor"manufacturer to its existing "orange flavor"
Answer:
The correct answer here is option a.
Explanation:
The industry supply curve represents the quantity of goods that all the firms in the industry will supply at a different price levels.
The short run supply curve of a firm will be that part of the marginal cost curve or MC curve which lies above the minimum point of the average variable cost curve or the AVC curve.
These supply curves of all the firms in the industry will be summed up horizontally to find the short run industry supply curve.
So, option a will be the correct answer.
Answer:
<u>Relational </u>
Explanation:
Relational power refers to the ability of an individual to form and maintain good relations and alliances with the people around, which benefit in the performance of tasks and operations and also serve organizational interest.
Forming relations a rare ability and not all individuals possess it. Those who do, are able to coordinate with others more effectively and this raises efficiency in an individuals performance.
In the given case, Mark demonstrates great ability of forming bonds and healthy relations with the people around which isn't merely restricted to his own departmental employees and thus he is able to get his job done more effectively. This depicts "relational power" of Mark.
