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worty [1.4K]
3 years ago
14

As a politician, you would be more inclined to propose an increase in the minimum wage when you believe that the new minimum wag

e would:
Business
1 answer:
densk [106]3 years ago
8 0
Remain below the equilibrium wage and be binding
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Every year a new version of the flu vaccine is made using a mixture of strains. The strains are chosen based on surveillance and
ladessa [460]
I believe the answer is b
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3 years ago
At the cost-minimizing combination of factors: Select one: a. the MPP of all factors will be equal b. the MFC of all factors wil
kow [346]

Answer:

D) the ratio of MPP to factor price will be the same for all factors

Explanation:

The ratio of marginal physical product (MPP) is calculated by dividing the change in total physical output by change in variable input.

In order to minimize costs, producers must combine factors so that the ratio of MPP to factor price will be the same for all factors. This way the amount of physical product produced with require the constant additions of factors of production, in other words, the marginal cost remains constant.

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3 years ago
What are the advantages a market economy offers producers?
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3 years ago
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BK Books is an online book retailer that also has 10,000 "bricks and mortar" outlets worldwide. You are a risk-neutral manager w
krek1111 [17]

Answer: Therefore, we should make her an offer at that salary

Explanation:

Based on the information given in the question,

Lowest salary = $60,000

Highest salary = $110,000

Expected Benefit = 5% × ($110,000 - $60,000) = 5% × $50,000 = $2500

The cost of conducting another interview will be:

= cost of time + cost of travel

= $750 + $4250

= $5000

Since the cost of conducting the additional interview is more than the expected benefit, therefore the interviewee should be hired rather than continuing the interviewing process.

Therefore, we should make her an offer at that salary.

7 0
3 years ago
Which of the statement(s) is correct? i. Corporations rarely pay tax on the interest income. ii. Higher tax bracket people tend
Doss [256]

Answer:

E. All the statements are correct

Explanation:

i. Corporations rarely pay tax on the interest income.

This statement is correct. Some companies do not even pay any income taxes.

ii. Higher tax bracket people tend to buy municipal bond because it is federal tax exempt.

Correct, people who have high incomes, and are subject to a high federal income tax rate often buy municipal bonds because these bonds are exempt from federal income tax.

iii. Short term capital gain and long-term capital gain are treated differently for individuals.

Correct. Short-term capital gains are those obtained from the sale of property that was owned for less than one year. This gains are often treated with the highest tax rate.

Long-term capital gains are those obtained from the sale of property that was owned for more than one year, and are treated with more favorable tax rates.

iv. The corporate tax rates in the U.S. is one of the lowest among the developed nations.

This statement is correct. The corporate tax rate in the U.S. is a nominal 21% (the effective rate can be as low as 0% for some companies). This is one of the lowest rates among developed nations, whose rates hover around 25 to 30% on average.

5 0
2 years ago
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