The idea for a $15/hour minimum wage is to provide a <u>living wage</u> for employees, meaning that they can meet their basic housing, food, medical, and living expenses when working full time at minimum wage.
Answer:
the marginal revenue from selling the fifth unit is
$25
Explanation:
Perfect competition is market structure in which the following information:
All firms sell an identical product .
All firms are price takers , cannot influence the market price .
Market share has no influence on prices.
Buyers have complete informationabout the product being sold and the prices .
Resources for such a labor are perfectly mobile.
Firms can enter or exit the market without cost
Answer:
c. power but not authority
Explanation:
The personal secretary of a top managers may have power but not authority. Personal secretray is who keep the manager updated with his personal task like meeting, travelling, schedules and documentation he has power to do all this thing but dont have authority to order anything in the office or the firm. Personal secretary's responsibilitie and duties are restricted to the manager and at that level only. She couldnot order anyone to finish the task on stipulated time or deadline.
Personal secretary's main task is to respond to her boss about his work deadline, travelling schedule, asnwering call and response them accordingly, prepare correspondence for the boss, planning and scheduling the meeting, take care of minutes and take action on points, plannig events and oraganinsing them as well, Managing project of boss etc. but his/her dutie are restricted to these work only she couldnot order.
Answer:
(1)$42.4 (2)$50.50 (3)$85.32
Explanation:
Solution
Given that:
(1) The current stock price is computed below:
Stock price, P0 = D1÷(r-g)
Where
D₁ = the next dividend expected
r = the return required
g = he growth rate
Thus
= $1.60×(1+6%)/(10%-6%)
$42.4
(2) The formula for the stock price in three years is given below:
Stock price, P3= D4÷(r-g)
Here
D₁ = the next dividend expected
r = the return required
g = he growth rate
= $1.60×[(1+6%)^4]/(10%-6%)
= $50.50
(3) Now we determine the price of the stock in 12 years
P12 = D13÷(r-g)
Here
D₁ = the next dividend expected
r = the return required
g = the growth rate
= $1.60×[(1+6%)^13]/(10%-6%)
= $85.32
Answer:
Complete question is attached in form of image.
a). Maximum amount of charitable deduction for Cash Contrbutions = 7650 + 5450
= $ 13100
a). Maximum amount of charitable deduction for Property Donations
= 15250 + 18375
= $ 33625
The amount of deduction for contribution to American Heart Association will be the amount equal to the cost of antique painting given to the american heart association.
The amount of deduction for contribution to First Methodist Church will be the amount equal to the FMV of Coca-Cola stock given to the first methodist church.
FMV stands for Fair market value.
Maximum amount of charitable deduction for Cash contribution = $ 13100 and Maximum amount of charitable deduction for Property donation = $ 33625.