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Ludmilka [50]
2 years ago
15

Jack is a self-employed contractor. He uses his Ford F250 in his business. He does not have another vehicle for personal use. He

wants to
claim the standard mileage rate for the business use of his pick-up. To do so he must keep records of the following, except:
Choose one answer a. Total mileage during the year
b. Cost of insurance for the pick-up.
c. Business mileage during the year
d. Commuting mileage during the year
Business
1 answer:
miskamm [114]2 years ago
5 0
C business mileage during the year to claim the standard mileage rate for the business
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3 years ago
When should a writer establish common ground before the bottom line statement?
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5 0
2 years ago
Read 2 more answers
Exhibit 5-2 price and quantity demanded data price quantity demanded 5 20 4 25 3 30 2 35 1 40 using exhibit 5-2, what is the pri
Yuki888 [10]

Answer:

The price elasticity of demand is -5

Explanation:

Elasticity of demand measure the responsiveness of demand against the change in price of the product. It shows how much demand changes if there is the change in price.

Using mid point method

Change in Demand = $20 - $25

Change in Demand = -$5

Change in price  = $5 - $4

Change in price  = $1

As we know

Elasticity of Demand = Change in demand / Change in price

Elasticity of Demand = -$5 / $1

Elasticity of Demand = -5

4 0
3 years ago
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5 An insured has four separate but identical policies written by different insurers to cover her $100,000 building. Each policy
qaws [65]

Answer:

each policy will pay $25,000 of the loss

Explanation:

Based on the scenario being described within the question it can be said that the each policy will pay $25,000 of the loss. This is an equal share for each policy and is due to them having the pro rata liability clause. This clause states that a policy is only liable for an equal percentage of the loss if the insurer has other policies from other companies. As in this case.

5 0
3 years ago
Complete the following table by indicating whether or not each scenario is an example of price discrimination.
Monica [59]

Answer: yes; no

Explanation:

Price discrimination is an exploitative  selling strategy that  sellers use to try to charge their customers on  different prices for the same product or service.

Last-minute "rush" tickets can be purchased for most Broadway theater shows at a discounted price. They are typically distributed via lottery or on a first-come, first-served basis a few hours before the show. Assume that the theater in question does not hold seats in reserve for this purpose, but rather offers rush tickets only for seats not sold before the day of the performance......... YES PRICE DISCRIMINATION OCCURS

---.>In this case, the groups are  segmented into those who paid earlier at normal price and those who paid in relation to the rush at discounted price, A case  price discrimination arises because the  people who  have paid more than others for a same show, would not be reserved seats which means that  the product was same for the two type of consumers but not the same price

Horizon Wireless offers various features "à la carte" that a customer may add to his or her calling plan, such as a text messaging package, a data package, and an Internet package. NO PRICE DISCRIMINATION

---->This is because Because Horizon Wireless is offering the different features  with  a la carte pricing, where every customer is subject to the same pricing irrespective  of his or her calling plan.

If the price of a data  package or internet  were different for a customer with a more expensive calling plan, then Horizon Wireless might be attempting to identify thier different consumer types and try to  exploit the differences in their willingness to pay.

8 0
3 years ago
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