A closed corporation is one that A. Sells stock, but is taxed as if it were a corporation B. Has stock that can be bought and sold by any individual C. Does not sell stock D. Has a limited number of stockholders and sales and exchanges of the stock are restricted

Q: Why do businesses and governments often use utilitarian thinking to determine the proper course of…

A: Utilitarian approach  The utilitarian philosophy has significant ramifications for how we ought to…

Q: Required information Consider the following factors. 1. (F/P,19%,34) 2. (A/G,23%,45) nd the…

A:

Q: If P50,000.00 compounded shall accumulate for 10 years at 8% compounded quarterly. Find the interest…

A: Interest is compounded quarterly, meaning interest rate is r/4 and number of periods it is…

Q: A company deposits $500,000 per year which will earn 10% interest per year. Assuming the first…

A:

Q: Suppose that Bob and Cho are the only suppliers of pizza slices in a particular market. The…

A: Demand for a particular commodity is influenced by its price as well as a number of other factors. T…

Q: Suppose that an ISP leases a new server in order to increase the speed of Internet service by…

A: The term cost describes any expense a business has when producing its goods or rendering its…

Q: Table 4-5 shows the demand and supply schedules for the low-skilled labor market in the city of…

A: Supply and demand  The connection between both the quantity of a good or service that producers want…

Q: Find the PV of $1000due in 5 years if the discount rate is 10% per year. (Assume this is a single…

A: The current value of money that will be obtained in the later in the form of one or more payments,…

Q: Why is private property so essential to the market system's functioning, and why must property…

A: Any resource, asset, or capital that is owned by a non-governmental organization, a person, or a…

Q: What has STEM contributed to the community

A: STEM  In STEM S stands for Science, T stands for Technology, E stands for Engineering, and M stands…

Q: A. A survey of 200 retail grocery shops revealed the following monthly income pattern: Monthly…

A: A measure which calculates the likelihood of an event to occur is known as probability. Formula:…

Q: A. How much money should be deposited each year for 12 years if you wish to have $25,200 in the…

A: The future worth formula is FV=PV(1+i)n , where the PV rises for each period into the future by a…

Q: Why is "choice" an important concept in Microeconomics?

A: Meaning of Microeconomics: The term microeconomics refers to that situation under which the…

Q: WHERE IS THE (D) PART OF THE ANSWER PLS

A: We have to prove that the slope of the indifference curves of Jane and Keith are the same. The slope…

Q: Businesses in Finland sell a wide variety of products with manufacturing, woods, telecommunications,…

A: A simply capitalist economy is likewise an unregulated/free market economy, economy, meaning the law…

Q: Below is a graph for the market for product X for a specified time period. Calculate the price…

A: Price of elasticity demand The pricing of some items is particularly inelastic, according to…

Q: n 2007, the first generation of the iPhone sold for $499. The average cost of an iPhone today is…

A: As per the Federal Reserve Data for producer price index (index to calculate inputs inflation), the…

Q: What will be the amount of Current account BOP if the Trade balance is $165 and invisible balance is…

A: The invisible balance is denoted to be as the value actually over a certain period of the exact time…

Q: The following graph shows an economy's short-run aggregate supply curve (SRAS), current equilibrium…

A: Short run equilibrium is achieved at a point where SRAS intersects AD. The current level of…

Q: Bargaining power of customers is likely to be the lowest for markets involving Apparel Automobiles…

A: In a market, bargaining power of a customer refers to the situation when a customer can negotiate…

Q: 6. Why is economics central to an understanding of the problems of development?.

A: We know that The development of an economy is based on the development of the infrastructure, the…

Q: Ana and Dina are roommates. They spend most of their time studying (of course), but they leave some…

A: Opportunity cost is a financial matters term that alludes to the worth of what you need to provide…

Q: Explain the exceptions to the Law of demand using the distinction between substitution and income…

A: According to the law of demand, there will be a change in the quantity demanded along with a change…

Q: How do we use these FOCs to show that (wtNt)/Yt =(1-α) if Yt = At Ktα Nt1-α

A: Production function shows the relationship between output and input. The change in input causes…

Q: Discuss the golden rule level of capital using a diagram and explain why it is beneficial?

A: Golden rule level of capital The Golden rule level of capital refers to the state where we maximize…

Q: When a country has a comparative advantage in the production of a good, it means that it can produce…

A: To check which country has the comparative advantage in grain and tea, we have to calculate the…

Q: Price (dollars per ice cream cone) $3.50 3.00 2.50 0 A $6.50 B $5.50 1 C) $2.50 2 Figure 4-1 shows…

A: Consumer Surplus is also termed Social Surplus, Consumer Surplus is the difference between what the…

Q: How many years will P50,000.00 earned a compound interest of P10,000.00 if the interest rate is 10%…

A: Compound Interest refers to the interest paid on both the principal amount and also on any…

Q: Assume that country X produces two goods-sugar and shoes-and that the country's production…

A: Production Possibility Frontier (PPF) PPF is a bend that represents the maximum possible combination…

Q: Describe the difference between the "endogenous" and the "exogenous" variables of an economic model.…

A: Endogenous variables are those that are affected or determined by the relationships they have with…

Q: Andres and David each own a restaurant. The preferred menu item by customers is their sandwich-salad…

A: Opportunity Cost is the cost of next best alternative that is being sacrificed in order to select…

Q: Stilton, and Camembert are different types of cheese. A consultant estimates the following market…

A: Given information: QD = 450 - 7P + 10Ps - 15Pc -10Pw + 0.01I QS = 300 + 3P Where, QD is the quantity…

Q: According to Smith, determined by ___ advantage in the production of a good, a nation would produce…

A: Demand and Supply  Demand refers to the quantities of a commodity that the consumers are ready to…

Q: New York Giants star quarterback Eli Manning can sell 5 times more Giants memorabilia than any other…

A: Given,  New York Star Quarterback Eli Manning sells 5 times more memorabilia than any other team…

Q: 6. Given the productivity function of a certain firm to be: Q = -4lnL-L²+ 6L Find the number of…

A:

Q: A country has a trade surplus of $20 billion with its trading partners over a year. Which change…

A: When talking about trade balance, it refers to the international exchange of goods and services by…

Q: If you want an investment to double in3 years, what interest rate must it earn? (Hint: Solve for the…

A: When talking about doubling of an investment it can be said that it can be done easily using…

Q: This is a grant given by the federal government allowing an inventor the exclusive right to a…

A: Copyright refers to the legal right to be the only person who may print, copy, perform, etc. a piece…

Q: Suppose Jordan is open to free trade in the world market for oranges. Because of Jordan's small…

A: In an open economy, buyers and producers have an incentive to gain more from making economic…

Q: The law of increasing opportunity costs indicates that the opportunity cost of producing a good: a.…

A: Opportunity Cost is a cost of either time, exertion, or opportunity that someone gives up when they…

Q: Any company in the U.S. that plans to issue stocks or bonds is required by the Securities and…

A: Companies must present their balance sheet and income statement because the Securities and Exchange…

Q: What will be the amount of Current account BOP if the Trade balance is $165 and invisible balance is…

A: Balance of payment (BoP) has two components, i.e., current account and capital account.  Current…

Q: The amount of P100,000.00 was deposit in the bank earning an interest of 7.5% per annum. Determine…

A: F = P(1 + R)t It's the formula for the future value if P is the deposit amount today (or the present…

Q: The market for sugar cane is perfectly competitive. A typical supplier has a fixed cos FC = 1200, a…

A: Perfectly competitive market is the form of market where large numbers of seller and buyers exit and…

Q: Write the summary of following paragraph BACKGROUND The phenomenon of internet-based business is…

A: Tax: It is the income of the government which is used for the development of the economy. More taxes…

Q: Question 24 Consider the following production alternative, 40 capital goods and 240 consumer goods.…

A: Production possibilities schedule is a tabular representation of different combinations of two goods…

Q: Two firms compete in selling homogeneous goods. They choose their output levels q1 and q2…

A: We know that market forces demand and supply lead to determination of price and quantity of goods.…

Q: Refer to Table 7-3. If the price is $1000, what is Jackson's producer surplus? Table 7-3 Seller Dale…

A: Answer..

Q: .Saving and investment in the national income accounts The following table contains data for a…

A: Gross Domestic Product (GDP): Gross Domestic Product is described as the total value of goods and…

Q: Wine Bread The diagram above depicts society's choices according to the resources available to…

A: Production Possibility Curve (PPC)  represents graphically all possible combinations of output that…