Examlex
Match each of the following events considered independently to its likely effect on WillCo's various apportionment factors. WillCo is based in Q and has customers in Q, R, and S. To this point, WillCo has not established nexus with S. More than one choice may be correct.
-R adopts an increase in its statutory corporate income tax rates.
Related Goods
Goods that are connected or interdependent, typically categorized as either substitutes or complements to one another.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a specific price in a given time period.
Quantity Supplied
The aggregate quantity of a product or service that suppliers are prepared and capable of selling at a particular price during a defined time frame.
Shortage
A condition where the quantity demanded of a good exceeds the quantity supplied at the market price.
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