Answer:
The correct answer is letter "B": The decisions you make are constantly changing with imperfect information available.
Explanation:
Decision-making is complicated to be made through programmed systems because there are several variables to be considered in the process. The most important is that businesses are subject to <em>changes in the market that can happen suddenly</em>, meaning what could work today might not tomorrow.
Besides, the information entered in the system must be perfect to obtain an accurate outcome. However, decision-making is based on data that can be precise like the information portrayed in the financial books of the firm but<em> if there is a mistake committed, even if minimal, the programmed decision could fail.</em>
The correct option is: For each unit of the good that is sold, buyers bear <u>one-half of the tax burden and sellers bear one-half of the tax burden.</u>
<u>Explanation</u>:
Incidence of tax is a term referred in economics which deals with division of taxes. Tax incidence refers to division of tax among the buyer and seller for a product. The tax incidence is related to the price elasticity of supply and demand.
When a product is sold, the buyer of the product is charged with one-half of the tax burden and the seller of the product bears the other-half of the tax burden.
The incidence of tax can be observed in two ways:
i) Formal incidence
ii) Effective incidence
Andy just purchased a 2.5 acre vacant lot of land for $500,000. $41.32 per sq. yd price per square yard.
$500,000 ÷ 12,100 sq. yds. = $41.32 per sq. yd
What is square yard?
- The length times the width, expressed in feet, must be multiplied by 9, and the result is the square yard (SQYDS). A square yard measures 9 square feet.
- One billion is referred to as "yard" in finance. The word is derived from "milliard," which is comparable to the number one billion in American English and is used in various European languages.
- Add the area to the conversion factor to convert a square yard measurement to a square foot measurement. The square yards multiplied by nine gives the area in square feet.
- Add the length to the conversion factor to convert a yard measurement to a meter measurement. The yards times 0.9144 converts to the length in meters.
To learn more about square yard visit:
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Answer:
$ (-4t+872)
Explanation:
Earning for 1 hour as a tutor= $10
Earnings for 1 hour as a waitress= $14
Total hours worked in the month combined jobs= 83 hrs
Number of hours worked as a tutor for the month= t
Finding the number of hours worked as a waitress for the month= 83-t hours
Total amount earned that month = amount earned as a tutor+ amount earned as a waitress
Amount earned as a tutor= $10 × t = $10t
Amount earned as a waitress= $14× (83-t)= $ (1162-14t)
Total amount earned combined= $ 10t + $ (1162-14t)
=$ ( 10t-14t +1162)
= $ (-4t+872)
