Answer:
A fixed cost: Does not change with changes in the volume of activity within the relevant range
Step-by-step explanation:
Fixed Cost:
In economics, a fixed cost in a specified period of time does not change with respect to an increase or decrease in the production of goods or services. In contrast, the variable cost changes in proportion to changes in production of goods or services.
Examples of Fixed Cost:
Salaries, Rents, insurance payments, taxes, some utilities etc
What is the question ill try to help
You could roll a 6-sided die 3 times to simulate this. This is a good simulation because it has one side for each possible tool, and each roll is independent, just as selecting the tool with replacement would be.
Answer:
Yes
Step-by-step explanation:
you can plug any number from the graph on the line and it's still going to equal something, i'm sorry this is really bad explaing but when it's a straight line you can plug anything in and still get an answer
Gross pay = 500
deductions :
medicare tax : 0.0145(500) = 7.25
S.S tax : 0.062(500) = 31.00
sales tax : 0.02(500) = 10.00
income tax : 0.2(500) = 100
insurance = 20
total deductions : 7.25 + 31 + 10 + 100 + 20 = 168.25
gross pay - deductions = net pay
500 - 168.25 = net pay
331.75 = net pay <===
