Answer:
$1,467.88
Explanation:
Net pay is the amount one receives after subtracting deductions from the gross pay. Therefore, net pay is the gross pay minus all the deductions such as social security, federal and state taxes.
In this case, the gross pay is $1,828. The total taxes are $ 360.12.
The net pay will be $1,828 -360.12.
= $1,467.88
Answer:
Profit Maximisation
Explanation:
Profit is the difference between total revenue (receipts) from sale & total cost (expenditure) on production.
Total Revenue = Price x Quantity ; Total Cost = Average Cost x Quantity
Economists study all the producer behaviour, based on assumption that : Goal of firm is Profit Maximisation.
Maximising Profit implies maximising the difference between Total Revenue & Total Cost [ TR - TC] . This further leads to producer equilibrium rule of Marginal Revenue = Marginal Cost [MR = MC] ; i.e additional revenue per unit sold equals additional cost per unit production.
Answer:
b. short-run ups and downs of the economy.
Explanation:
Cyclical unemployment is a form of employment that occurs as a result of fluctuations in the economy.
When there's a downturn in the economy, unemployment increases and It falls when there's a boom.
I hope my answer helps you
B. as price rise so will supply, and prices will fall, so will supply
Answer:
Tv = 1772
Remote = 144
Installation = 144
Explanation:
To calculate stand-alone selling price we need to calculate the percentage of Fair market value first and then allocate the Entire package price in the products according to the percentage of fair market value.
Percentage of the fair market value of each product
Product Fair Value Percentage
TV $1830 86%
Remote $140 7%
Installation $140 7%
Total $2,110 100%
Stand-alone selling price
Product % of fair market value Stand-alone selling price
TV 86% 1772
Remote 7% 144
Installation 7% 144
Total 100% 2,060
