By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. The economic concept which is applied in this statement is a positive externality.
<h3>What are skills? </h3>
Skills refer a set of qualities or abilities an individual carries in order to complete the task. These skills represent the expertise of any individual in terms of knowledge and talents.
When these skills are learned along with the higher level of education it creates an add-on for the career. These skills include communication skills, problem-solving skills, critical thinking, leadership qualities, and so on.
Therefore, option E positive externality is the correct option for the given statement.
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Answer: (D) Market control system
Explanation:
The market control system is the process of managing all distribution of the products and the services in an organization. The main responsibility of the market control system is that it manages all the marketing department and also helps in rectifying the mistakes in the system.
There are basically four types of market control system are as follows:
- Annual plan control
- Effectiveness and the efficiency control system
- Strategic control
- Profitability control
According to the given question, the Western mountain heath association is one of the control system that uses the concept of market control system for evaluating all the process in an organization such as transportation, pricing and the demand.
Therefore, Option (D) is correct.
Answer:
d. a., b, and c. all result in the same amount of tax.
Explanation:
The question is to determine the form of business
First we need to understand some terms
A C Corporation refers to a standard corporation as far as the IRS is concerned while the S Coproration is a corporation with a special tax status giving it some tax privileges with the IRS. We however, group organisations as either C or S based on the taxation code with the Internal Revenue Service
It should be noted that C corporation, S corporation and partnership all aply the same rate of tax. The only place of advantage or difference is in the area of how the tax is treated and the difference in their liability.
As such, the owner in the question is being taxed based on the 32% bracket and as such it affects all the forms of business structures. Therefore, Partnership. C corporation and S corporation will asll result in the same amount of tax.
Depository institutions---is a financial institution (such as a savings bank, commercial bank, savings and loan association, or credit union) that is legally allowed to accept monetary deposits from consumers.It contribute to the economy by lending much of the money saved by depositors.
financial non depository institutions are financial intermediaries that do not accept deposits but do pool the payments of many people in the form of premiums or contributions and either invest it or provide credit to others. Hence, nondepository institutions form an important part of the economy. These institutions receive the public's money because they offer other services than just the payment of interest. They can spread the financial risk of individuals over a large group, or provide investment services for greater returns or for a future income.
Nondepository institutions include insurance companies, pension funds, securities firms, government-sponsored enterprises, and finance companies. There are also smaller nondepository institutions, such as pawnshops and venture capital firms, but they constitute a much smaller portion of sources of funds for the economy
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