<span>The Bureau of Labor Statistics is usually a good starting point. This website/database allows for all types of jobs and industries to be researched. Within these titles, the career advancement data, statistics on compensation, and types of jobs within the overall umbrella are given.</span>
Answer:
$12,500
Explanation:
Calculation for the total amount removed from Joshua’s estate in 2017
Since we were told that In 2016, Joshua gave the amount of $12,500 to his son in which in the same year which was 2017, the XYZ shares are worth the amount of $25,000 which means that the total amount removed from Joshua’s estate in 2017 will be $12,500 ($25,000-$12,500).
All variable costs s<span>hould be subtracted from the sales price per unit to compute the unit contribution margin.</span>
<em><u>Market demand is the total quantity demanded across all consumers in a market for a given good. Aggregate demand is the total demand for all goods and services in an economy.</u></em>
Answer and Explanation:
The computation is shown below;
Given that
Price = P = $90
And, the Marginal cost = MC = $18
a.
Now the markup would be
= (P - MC) ÷ P
= ($90 - $18) ÷ $90
= $72 ÷ $90
= 0.80
= 80%
Now the monopoly markup is
b.
As we know that
Monopoly, markup = 1 ÷ elasticity of demand(e)
e = 1 ÷ markup
= 1 ÷ 0.8
= 1.25
The absolute value of e would always be negative so e = -1.25
Therefore
The firm s price elasticity of demand is -1.25