Answer: Perfect Competition
Explanation:
This is a situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent.
The u.s. government may require that apparel imported into the united states should use u.s. cotton, or use a certain amount of American labor. this is an example of a Domestic content provision
<h3>
What is Domestic content provision?</h3>
- The Domestic content provision ("BAA," originally found at 41 U.S.C. 10a–10d, now found at 41 U.S.C. 8301–8305), passed by Congress in 1933 and signed by President Hoover on his final day in office (March 3, 1933), mandated that the U.S. government give preference to purchases of goods made in the United States.
- Similar limitations are imposed by other federal laws on third-party acquisitions made with government money, such as highway, and transportation projects.
- The "Domestic content provision," which went into effect 50 years after the "Domestic content provision," is not to be mistaken with the former. The latter is 49 U.S.C., 5323 (j), a provision of the Surface Transportation Assistance Act of 1982, and it only applies to procurements linked to mass transit that cost more than $100,000 and were at least partially funded by government funding.
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The correct option for The firm enjoys economies of scope.
economies of scope exist if C(Q1, 0) + C(0, Q2) > C (Q1, Q2) (10 + 5Q1) + (10 + 5Q2) > 10 + 5Q1 + 5Q2 - 0.2Q12Q2.
Economies of scope is an economic theory stating that the average total cost of production decrease as a result of increasing the number of different goods produced. For example, a gas station that sells gasoline can sell soda, milk, baked goods, etc.
Economies of scope is a financial precept wherein a commercial enterprise's unit value to supply a product will decline because the form of its products will increase. In different words, the extra one of kind-but-comparable goods you produce, the lower the total cost to provide each one may be.
Your question is incomplete. Please read below for the missing content.
A firm can produce two products with the cost function C(Q1, Q2) = 10 + 5Q1 + 5Q2 - 0.2Q1Q2. The firm enjoys:
A. economies of scale in the two products separately.
B. economies of scope.
C. cost complementarity.
D. economies of scale in the two products separately and cost complementarity.
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Answer:
Gain recognized by Tom is $10000
So option (b) will be correct answer
Explanation :
We have given liability on bulding assumed by Paul Corp = $30,000
Tom's adjusted basis in the building = $20,000
Since the liability assumed by Paul Corp on the building is greater than Tom's adjusted basis, Tom must recognize gain equal to the difference between the liability on the building and his adjusted basis.
So gain recognized by Tom = $30,000 - $20,000 = $10,000
Burn it! (Lol IDK if this question was serious)