Compared to commercial banks, finance companies usually signal solvency and safety concerns by holding higher capital-asset ratio
The following are deducted from a typical paystub : City income tax, State income tax, Medicare, Social security and Federal income tax.
The answer is discouraged by government
Answer:
The company pass from monopoly to a competitive market.
The new companies increase the supply and therefore, the equilibrium price decreases.
Explanation:
The approval of new cable companies generates an increase in the supply. As the suply shift to the right the quantity (people wiht a monthly cable service) will increase and the price (monthly fee) decrease.
Harvey's Company is already starting to decrease his price to do an effort to retain his customer. This company is no longer a monopoly so it will decrease price to be more competitive.