Answer:
Option (E) is correct.
Explanation:
Under the perfectly competitive market conditions, there are large number of buyers and sellers and there is no restrictions on the entry and exit of the firms. Prices of the goods are determined by the market forces and the demand curve for a firm in a perfectly competitive environment varies significantly from the market demand curve. The demand curve is horizontal because all the goods in a perfectly competitive market are considered as perfect substitutes.
Ninety-seven percent of the world's water resources are found in<span>salt water</span>
Answer:
Jennifer parents can get a tax credit of $2,500
Explanation:
As per the rule smaller of the two can be claimed as education tax credit
a) $1000 (40% of the total eligible tax credit)
b) maximum annual credit of $2,500 per eligible student
Jennifer parents can get a tax credit of $2,500
Answer:
a. Disciplines panel
Explanation:
A disciplines panel is formed when there is a collection of professionals of various disciplines to discuss ways to solve problems. Brainstorming is done by specialists to get sustainable solutions.
By assembling functional specialists from all relevant fields to solve problems, Coinstar Inc has formed a disciplines panel.
Answer:
Jonas must recognize a long term capital gain = $680,000 - $500,000 = $180,000
Since this gain is originated from the sale of a property, it will be considered a capital gain. If the property was held for less than a year before it was sold it would be considered a short term capital gain, but in this case the property was held for 9 nines, therefore, it is considered a long term capital gain.
