Id go with <span>C) Veterans accept being ordered around and are used to harsh working conditions and low pay but have my word I'm not 100% sure.</span>
Answer: some consumers are willing to pay more than the equilibrium price.
Explanation:
Consumer Surplus is simply the difference between the price that is paid by a consumer and the price that the consumer was willing to pay in the first place.
In an unregulated, competitive market consumer surplus exists because some
consumers are willing to pay more than the equilibrium price.
Answer: Consultants
Explanation: They give their ideas and the company works according to that. If the company managers take decisions that suits them the employees and owners will adhere but the consultants might turn it down which affects the company immensely.
<span>It is due to the profit maximising rule in a monopoly is Marginal Revenue=Marginal Costs (MR=MC). If the price or the output is below the ATC then the firm is operating at a loss; however, should shut down production until price or output is less than AVC.</span>
Answer:
$136,500 long term capital gain
Explanation:
First of all, we must adjust SOA's cash since it has to pay taxes for the $90,000 gain. Its marginal tax rate was 30%, which means it must pay $27,000 in taxes (= $90,000 x 30%). So SOA's cash account will decrease to $173,000.
The total value of SOA's assets is $473,000 ($500,000 - taxes) which includes:
- cash: $173,000
- inventory: $80,000
- land and building: $220,000
When the assets are liquidated, the proceeds should be equally divided between Kevin and Bob, so each will get $236,500. Since Kevin's basis is $100,000, he should report a $136,500 long term capital gain (= $236,500 - $100,000).