Increased competition.
Answer: Option 3.
<u>Explanation:</u>
Free trade is the trade of goods and services from one country to the other country without any boundations and without any restrictions. As a result of the free trade, the consumers have more variety of a particular good in the market.
In this particular case, since Rooby is no longer the only producer of this particular because of the free trade in the market, he can not charge too high for a particular good and it increases the competition between the producers.
Basing it on the information given, he
will owe an additional $731.
<span>Since your taxable income has been
identified, you just look up your income, find the column with your filing
status, and then find the amount of tax you owe.</span>
Answer:
B
Explanation:
The marginal cost of producing food is $25, which is greater than the price of selling the food.
At this point the firm is incurring a loss. In order to improve profit margins, the firm should reduce the amount of meals been produced, so that profit would increase
Answer:
My best guess will have to be A
Explanation:
most research I did was talking about money stability
Answer:
The simplest filing form used by the IRS is Form 1040EZ
Explanation:
If a person earns less than $100,000 a year (Robert only earns $12,523), and doesn't have any dependents (Robert is single and apparently has no kids), he/she can file taxes using the Form 1040EZ. Only wages, salaries, tips, taxable interest of $1,500 or less, unemployment compensation and Alaska permanent fund dividends can be included in Form 1040EZ (Robert surely applies), other types of income must be filed using other forms.