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elena-14-01-66 [18.8K]
8 months ago
14

An individual who previously worked as a salaried corporate attorney loses his or her job. Subsequently, the individual now work

s as an hourly wage employee at a retail store. This individual has experienced which type of social mobility?.
Business
1 answer:
sleet_krkn [62]8 months ago
4 0

This individual has experienced Vertical type of social mobility.

<h3>What is social mobility?</h3>

Individuals, families, homes, and other groups of people migrate within or between social strata in a society, which is referred to as social mobility. It is a shift of social status in relation to one's current social position within a society.

The ability of people to migrate between socioeconomic strata during their lifetime and between generations is referred to as social mobility. [a] Individual results in nations with minimal social mobility are heavily influenced by their beginning point in life.

The link between a person's occupation or income and their parents' occupation or income is referred to as social mobility. There is less social mobility if there is a strong relationship. There is more social mobility where there is a weak connection.

To know more about social mobility follow the link:

brainly.com/question/6493872

#SPJ4

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Hunter &amp; Sons sells a single model of meat smoker for use in the home. The smokers have the following price and cost charact
Yuri [45]

Answer:

a. 7,900

b. 10,100

Explanation:

As for the provided information,

We know at break even point taxes shall be = 0 as there are no profits and no losses.

a. At break even: = \frac{Fixed\ Cost}{Contribution}

Fixed Cost = $308,100

Contribution per unit = Selling price - Variable cost = $79 - $40 = $39

Therefore, break even units = \frac{308,100}{39} = 7,900 smokers

b. In case the company wants a profit of $51,480 after tax @ 40% then,

Earnings before taxes = \frac{51,480}{1 - 0.4} = $85,800

Therefore, number of units = \frac{Fixed\ Cost + Profit\ before\ tax}{Contribution\ per\ unit}

= \frac{308,100 + 85,800}{39} = 10,100

5 0
2 years ago
Tobin inherited 100 acres of land on the death of his father this year. A Federal estate tax return was filed and the land was v
sweet [91]

The basis of Tobin's land was stepped up or down to the fair market value, and that value was $3,00,000.

<h3>What is inherited property?</h3>

When a death happens in a year, the ground of the property is travelled up or downbound to the fair market value on the day of death if there is an inheritance case.

The process of property to a successor or heirs upon the death of the owner, often known as succession. The term “inheritance” besides refers to the property.

Tobin has inherited a property from his father, that died in the present year, and the sightly market value on the date of death, according to the federal estate tax return, is $3,00,000. Tobin's basis in land is $3,00,000.

Learn more about the Federal estate, refer to:

brainly.com/question/14104041

#SPJ1

8 0
2 years ago
Dmitri doesn't like Val, one of his coworkers. Dmitri started to send an e-mail to his workgroup, falsely accusing Val of steali
bixtya [17]

Answer:

C. Professional Ethics.

Explanation:

Ethics are moral qualities which governs a persons behavior. A person is sometimes in an ethical dilemma scenario where he has to take decision which might impact his ethical values. Professional ethics is a situation where a person thinks how his decision will be viewed by an independent jury or audience.

7 0
2 years ago
How is knowing one's own credit score important in avoiding predatory scams
Lerok [7]
You can tell the difference because your credit score can decrease if you try to check it  it may decrease everyday
4 0
3 years ago
Daveed is the warehouse supply manager for a privately owned auto parts distributor. It is his job to take inventory of the prod
vodomira [7]

This form of production that operates on supply and demand is the <u>market economy.</u>

<h3>Facts about the market economy </h3>
  • Is controlled by forces of supply and demand.
  • Citizens are allowed to own the means of production.

The warehouse Daveed works in is privately owned and they seek supply based on the demand for their goods.

This is in conclusion, a market economy.

Find out more on the market economy at brainly.com/question/1659498.

7 0
2 years ago
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