Nicholas, 49, is employed by both NGL Company and Rice Services, which are unrelated companies. Both companies sponsor Section 401(k) plans. Nicholas earns $30,000 at each job and qualifies to participate in both plans. Nicholas's spouse, Kelly, 50, earns $75,000 and wants to invest for retirement in an IRA. She participates in a Section 457 plan and defers $14,000 per year. What is the maximum total of elective deferrals that Nicholas can make to his companies' retirement plans, and what amount can Kelly contribute to her IRA and deduct for income tax purposes for 2021

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.