Taxable income is The amount of your income, after it has been reduced by exemptions, deductions, and credits, that is used to calculate the tax you owe.
Answer:
Switching cost
Explanation:
Switching cost may be defined as the amount which is related to the consumer for the purpose of changing the supplier to the another one. So, the greater the cost of switching, the more will be hard or costly the switch will be.
Therefore according to the above explanation, the correct answer is Switching cost.
Answer:
C. the less productive the process is.
Explanation:
Variability refers to the property when the given substance are highly probable to change and that the results accordingly change.
In that condition there is no drawn pattern for such change, as it might or might not change according to the expected scale and level.
In this, if there is high variability, then the results can be that the resulting process will be least productive, as there are so many uncontrollable changes.
Accordingly, since no proper management of the related process is possible, the results will not be productive.
<u>Explanation:</u>
First, remember that the difference between <em>normative and positive economic analysis</em> is that;
Normative analysis take a somewhat neutral view by stating how the world should be. While
The Positive analysis states the facts. That is, it describes the world as it is.
<u>
Thus, a </u><u>Normative analysis</u><u> of the consequence of minimum wage would be the following statements:</u>
c. In some cities such as San Francisco and New York, it would be impossible for low−skilled workers to live comfortably in the city without minimum wage laws.
d. The gains to winners of a minimum wage law should be valued more highly than the losses to losers because the latter primarily comprises businesses.
<u>And a </u><u>Positive analysis</u><u> of the consequence of minimum wage would be the following statements:</u>
a. The minimum wage law causes unemployment.
b. A minimum wage law benefits some groups and hurts others.
Answer:
In some instances ,BPM will lead to a paradigm shift that transforms the nature of the business itself.it is false.
Explanation: BPM means business process management. Paradigm shift means a drastic change.A massive change in standards ,thinking patterns and values.
BPM brings changes in business .It is an approach to execute and control various processes to achieve the results according to the goals of the organisation.BPM do bring changes in business but it does not lead to a paradigm shift that transforms the nature of business.