Economics:
10th Edition
ISBN: 9781285859460
Author: BOYES, William
Publisher: Cengage Learning
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Question
Chapter 21, Problem 5E
To determine
(a)
To explain:
According to the utility analysis, the statement that "I couldn't eat another bite".
To determine
(b)
To explain:
According to the utility analysis,the statement that "I'll never get tired of cooking".
To determine
(c)
According to the utility analysis,the statement that "The last drop tastes as good as the first."
To determine
(d)
According to the utility analysis,the statement that "I wouldn't eat broccoli if you paid me".
To determine
(e)
According to the utility analysis,the statement that "My kid will eat nothing but junk food if I allowed her."
To determine
(f)
According to the utility analysis,the statement that "Any job worth doing is worth doing well."
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Frederick Jones operates a sole proprietorship business in Trinidad and Tobago. His gross annual revenue in 2023 was $2,000,000. He wants to register for VAT, but he is unsure of what VAT entails, the requirements for registration and what he needs to do to ensure that he is fully compliant with VAT regulations. Make reference to the Vat Act of Trinidad and Tobago and explain to Mr. Jones what VAT entails, the requirements for registration and the requirements to be fully compliant with VAT regulations.
Can you show me the answers for parts a and b? Thanks.
What are the answers for parts a and b? Thanks
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