Answer: Option(a) is correct.
Explanation:
Corn chips and potato chips, both are substitute goods and thus, affect each others demand by a small changes in various factors.
In this question, a good weather increases the harvesting of corn which increases the supply of corn chips.
This shifts the supply curve rightwards as a result price falls and quantity increases. Hence, this lower price, increases the consumer surplus in the market of corn chips.
This change in the supply of corn chips will affect the demand for potato chips in the potato chips market. So, the demand curve for potato chips shifts leftwards. This shift in the demand curve, reduces the price level and quantity level. Hence, this lowers the producer surplus in the market for potato chips.
B being featured on the evening news
Answer:
Hypertext
Explanation:
According to my experience in web design and information technology it can be said that the term being mentioned in the question is called Hypertext. This refers to a piece of text that is connected to another piece of similar information on another system/website (sometimes on the same website) and takes you there when clicked. This allows web designers to guide viewers to certain useful areas without putting too much on the main website.
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I believe it is either A or D
Answer:
$850,000
Explanation:
Cramer's tax basis in its partnership interest can be estimated as follows:
Cramer's cash contribution to the general partnership = $500,000
Cramer's share of the recourse debt borrowed = $700,000 / 2 = $350,000
Cramer's tax basis in its partnership interest = Cramer's cash contribution + Cramer's share of the recourse debt = $500,000 + $350,000 = $850,000
Note:
The reecourse debt is shared equally as coventionally required when the profit and loss sharing is not stated in the question.