The answer is a part of the total product offered by LoRider.
If only one airline serves a town, the <em>question </em>of whether a monopoly exists is:
Based on the given question, we are asked to state whether a monopoly exist in a situation where there is only one airline in a town, and the answer is, yes, that is a monopoly
It is important to note that a monopoly has to do with the domination of one company in a market system whereby there is little to no competition from other companies. In this situation, there is usually higher prices of products because there is a <em>lack of competition</em> for competitive prices.
Read more about monopoly here:
brainly.com/question/13113415
Question Completion:
Chris and Heather are engaged and plan to get married. Chris is a full-time student and earns $8,500 from a part-time job. With this income, student loans, savings, and nontaxable scholarships, he is self-supporting. For the year, Heather is employed and reports $83,600 in wages.
Answer:
Chris and Heather
Taxable income and income tax (jointly):
Gross income $92,100
Standard deduction 24,000
Taxable income $68,100
Income tax $14,982
Explanation:
Chris' income = $8,500
Healther's wage= $83,600
Gross income = $92,100
Standard deduction (jointly) = $24,000
Income tax rate = 22%
Income tax (jointly) = 22% of $68,100 = $14,982
Answer:
$45 million
Explanation:
Data provided in the question:
Book value of assets = $940 million
Market value of assets = $985 million
Book value of liabilities = $900 million
Market value of liabilities = $930 million
off-balance-sheet assets = $150 million
Off-balance-sheet liabilities = $160 million
Now,
Stockholders Net worth
= Market value of assets + Off balance sheet assets - Market value of liabilities - Off balance sheet liabilities
= $985 million + $150 million - $930 million - $160 million
= $45 million