Answer:
Option (B) is correct.
Explanation:
Number of consumers in the market is one of the determinants of demand which shifts the demand curve.
In a perfectly competitive market, if there is an increase in the number of consumers in the market then as a result the demand for the product also increases which shifts the demand curve rightwards.
This rightward shift in the demand curve will result in an increase in both equilibrium price and equilibrium quantity which is also a profit maximizing quantity of output.
Answer:
The Emily's 2018 taxable income is $76,600
Explanation:
The computation of the taxable income for the year 2018 is shown below:
= Salary + interest income from bonds issued by Xerox + Alimony payments received + Capital gain from stock investment, held for 7 months - Contribution to traditional IRA - standard deduction
= $85,000 + $1,100 + $6,000 + $2,000 - $5,500 - $12,000
= $76,600
The standard deduction for married and single tax payers is $12,000
And, the Gift from parents is not taxable & Amount lost in football office betting pool is not allowed for deduction as it is come under gambling.
Answer:
Whole life insurance can be participating, which means the insured must participate in self-directed investments for the cash value
Explanation:
Insurance is a form of protection against kinds of loss.
whole life insurance is an insurance policy that allows a lifetime coverage, which means the other insurance is for lifetime and not a specific given time provided that the person continues to pays his/premium. It should be noted that Whole life insurance offers permanent protection throughout the insured’s lifetime and premiums are paid throughout the insured’s lifetime.
Answer: False
Explanation:
Transportation is the movement of individuals or goods from one place to another. Supply chain are the steps that are involved before a product will finally get to the consumer.
It should be noted that the mode of transportation that results in the lowest transportation cost will not necessarily lower total costs for a supply chain. This I because transportation isn't the only process involved on supply chain.