Answer:
to maximize profit, farmer must use 0.208 pounds of fertilizers
Explanation:
For profit maximization, marginal revenue must be equal to marginal cost.
Here marginal product of fertilizer= 1-N/200
selling price per busher= $4
total marginal revenue= (1-N/200)× 4
Total cost of fertilizer= 1.2N
To maximize profit
Marginal cost= marginal revenue
1.2N= (1-N/200)× 4
4.8N= 1-N/200
N= 0.208 pounds
to maximize profit, farmer must use than 0.208 pounds of fertilizers
Individuals with higher incomes have better access to clean water, medical care, and good nutrition, and healthier individuals are likely to be more productive than sick ones.
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Explanation:</u></h3>
Correlation refers to the relationship or association that exists between two variables taken into account for the research. There are three types of correlation such as positive, negative and no relation. Positive correlation refers to the situation when one variable is changed the other one will also be changed at the similar rate.
In the given scenario, it is said that there exists a positive correlation between the income per person and the population health. This means that when the individuals receives higher income then they can afford for getting clean water, medical care and also good nutrition and hence the healthier individuals will be more productive than the sick ones. This is because they can go for work without any leave or absence.
Answer: b. These would not be withheld by the company.
c. As an independent contractor they would be responsible for their own payments
Explanation:
Here is the complete question:
Beth Caldwell is in the payroll accounting department of Acerill Films. An independent contractor of the company requests that Social Security and Medicare taxes be withheld from future compensation. What advice should Beth offer?(You may select more than one answer).
a. The independent contractor should complete Form W-4 to authorize FICA tax withholding.
b. These would not be withheld by the company.
c. As an independent contractor they would be responsible for their own payments.
An independent contractor is someone that has his or her won personal business but still does work for other organizations or businesses. Is should be noted that independent contractors should not be considered to be part of the workers in the organization they work for.
Beth Caldwell should not take taxes out of the payments that will be paid to the person because he is responsible for his or her won payment and normally, they pay the self employment tax which is just like paying for social security and Medicare taxes.
Answer:
Trade-offs would be the correct term
Answer:
a) 1040 units
b) $260,000
Explanation:
The unit price of a digital camera is $250
The number of units sold in May=1000
Growth forecast is 4% for June
a)
Number of units in June will be that of May increased by 4%
Increase 1000 by 4 % as;
=104/100 *1000 where 104% = 100%+4%
=1040 units
b)The dollar amount of camera sales for the month of June will be
=multiply number of units in June by the units price of a digital camera
=1040*$250
=$260,000