Answer:
0.5
Explanation:
A screenshot is attached to get the full solution
Since the coefficient is < 1, it is inelastic
Answer:
$975
Step-by-step explanation:
Straight-time pay = hourly rate × hours worked
= 30 × 32.5
= $975
Renaldo's straight-time pay = $975
Answer: Check attachment
Explanation:
Miscellaneous expenses are the small and infrequent expenses which a business incurs.
Based on the question, the miscellaneous expenses is calculated as:
= $2200 - $223
= $1977
Check the attachment for further details
Answer:
C. Part-time employees should be compensated with an hourly wage
because the number of hours they may work each month
changes
<u>Multiple-choices</u>
employee is compensated?
A. Part-time employees should be compensated with a salary
because the number of hours they may work each month
changes
O
B. Part-time employees should be compensated with an hourly wage
because the number of hours they work each month is always the
same.
O
C. Part-time employees should be compensated with an hourly wage
because the number of hours they may work each month
changes
O
D. Part-time employees should be compensated with a salary
because the number of hours they work each month is always the
same.
Explanation:
Part-time workers are called to duty on a need basis. Usually, part-time workers are assigned specific tasks to perform is within a particular duration. Their contribution is measured in terms of hours worked or completed units of output.
Part-time workers contrast with full-time workers who report for duty every working day. Part-time workers are not required to work for certain hours per week or month like full-time workers. The number of hours that a part-time worker works in a week varies from time to time. Therefore, the best way of compensating them is through an hourly rate.