Answer:
a. In order to reduce pollution government can implement policies to clean the rivers or reduce carbon emissions to protect the environment. Carbon permits are their for companies to reduce their carbon emissions where as in case of polluting rivers government can regulate companies to find land filling sites to reduce pollution
b. The impact of regulation would be increase in the marginal cost. Output would be reduced based on the permit limits set for the chemical industry.
The increase in price of product is generally transferred upon the consumer.
<span>A firm's human resources are also known as labor.Labor is the most important powerful resource in firm.They are responsible for the development of the firm.A good firm should have responsible labors and labors want to satisfy with their salary given by firm.Human resources should come up with the new ideas so that it will become an advantage to the firm.</span>
Answer:
Is the process of allocating to expense the cost of plant asset.
Explanation:
Depreciation is an expense indicating a decline in the value of the capital assets due to tear and wear, obsolescence, consumption, time span, etc. It's shown on the income statement debit side. It is a non-cash item which has no effect on the cash balance.
Moreover, it is to charged over the specified number of useful life so that proper amount of the depreciation should be recorded in the books of accounts
Assuming Reggie who is 55, had an adjusted gross income of $32,000 in 2020, Reggies medical expense deduction will be $75
Calculation to determine Reggie medical expense deduction
Drugs $500
Add Health insurance premium-after tax $850
Add Doctors fees $1,250
Add Eye glasses $375
Total expenses $2,975
($500+$850+$1,250+$375)
Less Insurance reimbursement ($500)
Less 7.5% of Adjusted gross income ($2,400)
($32,000×7.5%)
Medical Expense Deduction $75
($2,975 - $500 - $2,400)
Inconclusion assuming Reggie who is 55, had an adjusted gross income of $32,000 in 2020, Reggies medical expense deduction will be $75
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