<span>this phenomenon is an example of a Social factor
in marketing term, social factor is everything that could change people's lifestyle.
As people move toward luxurious lifestyle, they tend to care less about the high price for the product, and care more about the quality, authenticity, and the rarity of the product, so the marketing strategy need to be altered to target these characteristics</span>
Answer:
$130,423.89
Explanation:
This is an incomplete question. Searching online, I got the complete question which is presented below.
To provide additional employment and add to its tax base from businesses, Yorketowne’s city council opened a business park on the edge of the city. After five years, they had attracted two new manufacturers and four supporting service businesses to the park. The total value of the property of all six businesses was $15,825,500. The companies paid $0.78 per $1,000 of property value each year as property tax. In addition, the businesses employed 328 people at an average salary of $36,000. Each person paid a 1 percent city income tax each year.
a. What is the total amount of taxes the city collected as a result of opening the business park?
b. In addition to the tax dollars, what other benefits might the city receive from opening the business park?
Solution A
Total amount of taxes the city collected =
Property tax paid by the companies + income tax by employees
= 
= $12,343.89+$118,080
= $130,423.89 tax income per annum.
Solution B
Other benefits that might accrue to the city from opening the business park include.
- Attraction of other businesses to the park given the success of existing businesses operating in the park.
- Increased employment as new businesses continue to be established in the park.
- Increased development at the edge of city as new homes and amenities are built to accommodate the employees of the city.
In the short-run, the effect on the price level and the real GDP is <em>a. Both the </em><em>price level </em><em>and </em><em>real GDP </em><em>rise.</em>
Since the economy is in long-run equilibrium in 2019, and the stock prices unexpectedly rise and stay high for a long time, it means that the price level does not:
- Rise while the real GDP falls
-
Fall while the real GDP rises
-
Fall with the real GDP.
<u>Question Options</u>:
a. both the price level and real GDP rise.
b. the price level rises and real GDP falls.
c. the price level falls and real GDP rises.
d. both the price level and real GDP fall.
Thus, in the short-term of this economy both the price level and real GDP rise.
Learn more: brainly.com/question/13029724
Answer:
Option (A) is correct.
Explanation:
Given that,
Purchasing price of taxi = $32,000
Adjusted basis = $2,000 at the time of the accident
Cost of repair = $2,500
Insurance reimbursed Don = $700
Lesser of Adjusted basis at the time of the accident and Cost of repaired is the amount of causality loss before adjustments.
So, lesser amount is $2,000 as compared to the cost of repair ($2,500).
Therefore,
Amount of causality loss before adjustments = $2,000
Hence,
Don's casualty loss deduction:
= Amount of causality loss before adjustments - Insurance reimbursed
= $2,000 - $700
= $1,300
Answer:
1) Buy 10 ounces of gold with the 350 dollars
2) Sell the 10 ounces of gold for £200
3) Exchange £200 for 360 dollars
Explanation:
Due to the difference between the exchange rate in gold and currency, a 2.1% (1.80 / 1.75) advantage can be obtained.
You start in the gold market with 350 dollars which are equal to 10 ounces of gold which are equal to £200. This according to the gold prices, witch generate a 1.75 exchange rate.
Then you go to the financial market where the exchange rate is larger (1.80) and with the £200 you get 360 dollars.
