Answer:
1. This is true because demand in market A is more inelastic which means demand curve and marginal revenue curve are steeper in this market. at any quantity marginal revenue will be higher in market A than in market B
2. This is true because market where demand is inelastic have a higher price. This is because revenue is increased when higher price is charged in market with inelastic demand.
3. This is false/uncertain because when price is higher in market a the quantity will be lower relativity. This is due to the downward sloping demand function in which price is increased quantity will decline.
Explanation:
Answer: FALSE
Explanation: In simple words, operating leverage refers to the criteria which shows how much operating income can be increase by increasing the revenue of a project. Whereas, financial leverage refers to the level of debt that a firm has acquired for financing its operations.
The management of a company can easily control financial leverage as it is in their hands to issue or redeem debt. On the other hand, increase or decrease in operating income is dependent on various external factor.
Hence the given statement is false.
Answer:
SEP IRA
Explanation:
A SEP IRA means , a Simplified Employee Pension IRA, which is easier to set up and administrate than most other pension plans.
The Simplified Employee Pension IRA allows the employer to make a deductible contribution of a maximum of 25% of an employee's income (20% effective rate), capped at $54,000 in 2017.
The Simplified Employee Pension IRA has a key advantage which is that, it allows the employer to vary the contribution percentage each year .
In this case, a smaller business should make use of Simplified Employee Pension IRA, because it is easier to set up and have other benefits that are okay for such type of business.
1. this activity intrudes on consumers' privacy.
2.potential threat to the security of consumers' personal information
