Answer:
<u>Administrative delay</u>, <u>restrict trade</u>
Explanation:
An administrative delay refers to a procedural delay which occurs when a foreign product is allowed to be sold in the domestic market. In such a case, a waiting period gets imposed before the expiry of which the foreign exporter cannot enter the domestic market and sell it's products.
This delay is in the form of going through a very time consuming and cumbersome process of availing licenses, permits, sanctions, etc from the government.
Administrative delay acts as a barrier to trade since in a way it discourages the exporters from exporting their products to a foreign market owing to a tedious cumbersome time consuming procedure.
The practice is used by governments to restrict trade.
<span>This oral contract may not be legally enforceable at all. Cody and Debora did not sign an official document with clear and precise expectations of Cody’s work schedule. This was a mere oral agreement which does not legally hold Cody responsible for follow through at work. This oral agreement may not be admissible in court, as there is no supportive documentation to argue the work schedule.</span>
Answer:
D. $3,000
Explanation:
The shareholder's tax basis =
SYBIL tax basis in the property transferred + gain recognized - cash received of $2,000 - the liability assumed by the corporation.
$5,000 + $1,000 - $2000 - $1,000 = $3,000.
If Sybil sells the stock for $3,000, no gain or loss will be recognized, an amount equal to the gain deferred of $0.
Answer:
The dimension that will minimize the cost is 55 and 110(55 × 110)
Explanation:
The garden area is 6050 ft². Along the driveway the costs is $6 per foot while the other 3 area sides cost only $2 per foot.
The garden has four sides so it a rectangle .
a = length along the driveway
b = length perpendicular to the driveway
The area = a × b
ab = 6050
b = 6050/a
minimize cost = 6a + 2a + 2b + 2b
minimize cost = 8a + 4b
cost = 8a + 4b
y = 8a + 4(6050/a)
y = 8a + 24200/a
y = 8a + 24200/a
differentiate the rate of change of the cost with respect to length.
y'(a) = 8 - 24200/a²
(8a² - 24200)/a² = 0
cross multiply
8a² = 24200
a² = 24200/8
a² = 3025
a = √3025
a = 55
inserting the value of a in the area formula
ab = 6050
b = 6050/55
b = 110
Answer:
Break Even Output = 60000 units [In first year of operation]
Explanation:
Break Even point is where : Profit i.e Total Revenue - Total Cost = 0 , so Total Revenue = Total Cost.
Total Revenue = Price x Quantity
Let quantity = x
So, Total Revenue = 52x
Total Cost = Total fixed cost + total variable cost
= (22 + 14 + 5 + 3)(x) + (270000 + 210000)
= 44x + 480000
Profit = Total Revenue - Total Cost = 0 :
→ 52x - 44x - 480000 = 0
8x = 480000
x = 480000 / 8 = 60000
x i.e Break Even Output = 60000 units [In first year of operation]