Answer:
$2,889
Explanation:
We need to use the MACRS cost recovery schedule for business property (39 years) placed on service during the 8th month = 0.963%
Jane's total deduction = total cost of improvements x depreciation schedule = $300,000 x 0.963% = $2,889
Modified accelerated cost recovery system (MACRS) is the depreciation method established by the IRS to calculate tax deductions based on asset depreciation.
Answer:
Collaborative or cooperative intellectual property.
Explanation:
A strong Intellectual Property position "facilitates open collaboration when talking with partners about the technologies that need to be developed. In other sectors manufacturing technology can be shared with contract manufacturers, others may cross licence to access broader portfolios and indeed many companies may pool and share their IP in order to develop interoperability standards."
Reference: Duncan, “Intellectual Property and the Business Model.” Ipstrategy.com, 28 Nov. 2012
Answer:
d. D
Explanation:
Shortage occurs when the quantity demanded is greater than the quantity supplied while scarcity is a naturally occurring limitation in supply. For goods A, B and C, the quantity demanded at the given prices is greater than the supplied, which means that an increase in price could potentially decrease demand and eliminate the shortage. As for good D, there is not enough of it to satisfy the market at any price, which means that the good is scarce.
The answer is d. D.
