Supply Side Economics.
Supply-side economics is a macroeconomic theory arguing that economic growth can be most effectively created by lowering taxes and decreasing regulation,
$270000 is residual income
<u>Explanation:</u>
The following table has been made in order to find out the residual income of the company.
<u>Particulars</u> <u> Amt
</u>
Net Operating Income 440000
Less: Required Return (1700000 multiply 10%) 170000
Residual Income 270000
From the net operating income of the company, the required rate of return is to be deducted and result will be the residual income of the company.
Thus, from the above calculation, residual income as per the given data and after calculation is = $270000
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Explanation: we can talk on comments
<span>Under competitive conditions, market prices generally bring the self-interest of individuals into harmony with the general welfare. Competitive conditions happen when many products or companies create a competitive good or service with another on the market. The market will help decide what the price of the good or service should be sold at which shoes the true interest the consumers have with the product or service.
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