<u>Answer:</u>
<em>(A) Principle of Supply and Demand
</em>
<u>Explanation:</u>
In economic theory, the law of the organic market is viewed as one of the significant standards administering an economy. It is depicted as the state though supply expands the cost will in general drop or increase, and as request builds, the price will in general increment or the other way around. The increase in demand is equivalent to moving the blue line to one side. A model would be twice the same number of clients needing to purchase the item because of good verbal exchange and promoting.
Answer:
Interpretation between the auto insurance preniums in Michigan and the National average is that In 2017, the average cost of a personal injury protection claim in Michigan was more than six times the national average. Costs are increasing nearly twice as fast, according to the Insurance Research Council.
Explanation:
The rates of auto insurance Premiums in Michigan are most expensive in America. This is due to Michigan's non-fault insurance system, which provides crash victims unlimited lifetime coverage of medical bills.
Answer:
3350
Explanation:
Since state sales tax is larger than state income you will lose that and add your personal property tax of 400 to your deduction.
2950+400= 3350
Answer:
Explanation:
1). How about we explain the standard financial model previously dependent on normal desire.
Since the medium ability to pay is $5, we can accept a large portion of the individuals have more readiness to pay than $5 and a large portion of the individuals have less. (Since it's a huge class, we can expect this)
In this way, half of them who got the mug will sell, as per standard hypothesis.
2). Presently conduct business analyst will oppose this idea. Individuals who got the mug, get an enthusiastic and nostalgic connection with it, in this manner they might not want to sell it since they get utility in the wake of having something, so by social hypothesis, not exactly 50% of students who got the mug will sell.
Answer:
$540 million
Explanation:
The computation of the pension expense i.e to be reported in the income statement is shown below:
= Service cost + interest expense on pension obligation - expected return on plan assets + amortization of unrecognized prior service cost
= $480 million + $150 million - $105 million + $15 million
= $540 million
We simply applied the above formula so that the accurate pension expense could come
