Kate and sarah own a bakery together. the two figures illustrate the production possibilities available to them if they work at their bakery for 8h a day. answer the question using these figures. sarah breads (loaves) breads (loaves) 0 o 1 2 3 4 5 6 7 9 10 11 12 13 14 cakes (units) i 2 3 4 5 6 7 8 9 10 11 12 13 14 cakes (units) if kate and sarah both specialize in the good in which they have a comparative advantage, the total production of bread will be 4 loaves, and the total production of cake will be 9 units. total production of bread will be 16 loaves, and the total production of cake will be 17 units. o total production of bread will be 12 loaves, and the total production of cake will be 8 units total production of bread will be 8 loaves, and the total production of cake will be 8.5 units.

What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share

Mai and chuck have been divorced since 2012. they have three boys, ages 6, 8, and 10. all of the boys live with mai and she receives child support from chuck. mai and chuck both work and the boys need child care before and after school. te boys attend the fun house day care center and mai paid them $2,000 and chuck paid them $3,000. mai's agi is $18,000 and chuck's is $29,000. mai will claim two of the boys as dependents. she signed form 8332 which allows chuck to claim one of the boys. who can take the child and dependent care credit?

Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.