In a market system:

Business

1 answer:

Aleksandr [31]3 years ago

8 0

Answer:

<em>Households and firms make all economic decisions with minimal government regulation</em>

Explanation:

The economy in which the price of goods and services are decided by the demand and supply is called market economy. Market economy first came into being after the industrial revolution.

The factors of production are privately owned in the market economies and there is very little government intervention. It is also known as free market economy. Market economies are criticised because of the differences between the rich and poor that are prevalent in them.

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Profits from a sole proprietorship are reported as taxable income and

uranmaximum [27]

Profits from a sole proprietorship are reported as taxable income and (B) are subject to a self-employment tax of approximately 15%.

Explanation:

Sole proprietors are asked to contribute to both the Social Security and Medicare systems,this type of contributions is known as the "self-employment taxes."

Self-employment taxes are considered equal to the payroll tax in case of an employees of a business. Regular employees are said to make their contributions to the above mentioned two programs in form of deductions fr, sole proprietors make such contributions when the pay their income tax

The rate of self-employment tax is 15.3%, which is further divided as 12.4% of Social Security and 2.9% of Medicare .

Thus we can say that Profits from a sole proprietorship are reported as taxable income and (B) are subject to a self-employment tax of approximately 15%.

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3 years ago

Read 2 more answers

State sales tax y is directly proportional to retail price x. an item that sells for 170 dollars has a sales tax of 10.22 dollar

scZoUnD [109]

Im guessing sales tax would be 6.25%?

6 0

3 years ago

performance and management provides __________ and ____________ integration of different elements that makeup an organization

larisa86 [58]

Answer:

The correct answer is letter "C": Technological; social.

Explanation:

Performance management is the approach practiced by high-rank executives within an organization to provide employees with the right tools so they can perform their duties efficiently. The approach does not only involve giving workers ultimate technology but also training so they learn how to use the tools and feedback to improve their performance. The practice combines then technological resources with interpersonal activities that are likely to boost employees' efficiency and commitment.

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3 years ago

Market anomaly refers to _______.A. an exogenous shock to the market that is sharp but not persistentB. a price or volume event

Klio2033 [76]

Answer:

the correct answer is C. A trading or pricing structure that interferes with efficient buying and selling of securities.

Explanation:

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3 years ago

A Quality Analyst wants to construct a sample mean chart for controlling a packaging process. He knows from past experience that

ZanzabumX [31]

On Monday and Tuesday, the process appears to be out of control.

<u>Explanation</u>:

There are five days Monday, Tuesday,Wednesday, Thursday and Friday. Monday and Tuesday have weight up to 21. Wednesday weights up to 21.
Thursday and Friday weigh up to 20. Except for Monday and Tuesday, all the days have packaged up to the value of 21. So Monday and Tuesday are the days that appear to be out of control.
On checking the package for each day he came to know that Monday and Tuesday have process out of control.

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3 years ago