Answer:
Explanation:
That depens of the red tape, if there is one, Mike can claim rigths over the good depending on the negotiation, but if there is no a signed deal it is impossible to claim according to the law.
Horizontal integration differs from vertical integration in that it consolidates many firms involved in the same business into one giant company (C). Horizontal integration occurs when one company purchases similar companies doing the same things at the same level of production to gain a greater share of the market for that level of production.
<span>A superior product.
This is about the product concept. Product Concept states that consumers prefer product which is of the highest quality, performance and features. Before marketing any product marketers study the product concept to give the best product to the customer.</span>
Answer:
A.$ 13,500
B.45%
C.18%
Explanation:
a)
Tax on $ 50,000 = 0 + 0.15 x ( $ 20,000 - $ 10,000 ) + 0.30 x ( $ 30,000 - $ 20,000) + 0.45 x ( $ 50,000 - $ 30,000)
Tax payable = 0 + $ 1,500 + $ 3,000 + $ 9,000
Tax payable = $ 13,500
b) The marginal tax rate can be seen as the extra taxes which is been paid on an additional dollar of income
The marginal tax rate = 45%
c)
Average tax rate = Total taxes paid \div Total income
Average tax rate = $ 9,000 \$50,000
=0.18×100
Average tax rate = 18%