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iragen [17]
3 years ago
9

The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on th

e graph shows the current equilibrium price and quantity. To which point will the equilibrium shift if the demand increases suddenly because of a non-price determinan
t of demand?
Business
2 answers:
Aleonysh [2.5K]3 years ago
6 0

Answer:

Point "B"

Explanation:

The following rule of thumb is to follow your equilibrium point. D2 "Demand Curve 2" and S1 "Supply Curve 1" illustrates how demand increases because of a non-price determinant.

nlexa [21]3 years ago
5 0

Answer:

yes

Explanation:

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Hubert works for MRK all year and earns a monthly salary of $ 11,900. There is no overtime pay. Brooke​'s income tax withholding
Rom4ik [11]

Answer:

monthly salary $11,900

income tax withholding 10%

United Way contribution 5%

health insurance $125

cumulative earnings until September 30 = $107,100

Brooke's net pay for October:

Gross pay $11,900

federal income tax withholding -$1,190

United Way contribution -$595

Social Security -$737.80

Medicare -$172.55

health insurance -$125

net pay = $9,079.65

October 31, 202x, wages and payroll taxes expense

Dr Wages expense

Dr FICA tax (OASDI) expense

Dr FICA tax (Medicare) expense

    Cr Federal income tax withholding payable 1,190

    Cr United Way contribution payable 595

    Cr FICA tax (OASDI) withholding payable 737.80

    Cr FICA tax (OASDI) payable 737.80

    Cr FICA tax (Medicare) withholding payable 172.55

    Cr FICA tax (Medicare) payable 172.55

    Cr Health insurance 125

    Cr Wages payable 9,079.65

No FUTA or SUTA tax expense because they only apply for the first $7,000 earned per year. Since we are not told if the employer also pays a % of the health insurance, then we cannot calculate it, nor any 401k contribution.

3 0
3 years ago
Managers face contemporary challenges such as managing HIV-positive employees, managing older workers, and eliminating sexual ha
3241004551 [841]

These arise out of the <u>legal</u> environment of business.

<u>Explanation</u>:

A manager is a person who is responsible for controlling and managing the operation of the organization. The manager organizes, plans and directs the staffs in his organization. He is responsible for effective running of the organization.

The manager faces many challenges in the company to maintain its successful running.

The manager is considered to be good if he coordinates his employees towards the success of the organization. The manager should effectively monitor the behavior of the employees.

5 0
2 years ago
Sheridan Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports G
BigorU [14]

Answer:

b. $19500000.

Explanation:

Break-even point is the level of sales on which business has no profit no loss situation. The business only covers the variable and fixed cost at this point.

Total Contribution can be determined by calculating adding estimated contribution of each division.

Total Contribution ratio = (65% x 30%) + (35% x 50%) = 19.5% + 17.5% = 37%

Fixed cost = $7,215,000

Break-even point = Fixed cost / Contribution margin ratio = $7,215,000 / 37% = $19,500,000

7 0
3 years ago
Read 2 more answers
A righteous moralist is most likely to claim that a. inequalities are justified if they benefit the position of the least-advant
Murrr4er [49]

Answer:

d. a multinational's home-country standards of ethics are the appropriate ones for companies to follow in foreign countries.

Explanation:

The righteous moralist will claim that ethical standards which are appropriate as per the multinationals home country should be followed in the companies that are situated in foreign countries. The managers who belong to developed nations will consider following this approach. Ethical standard are moral principles that preside over a person’s behavior and manner or a company's activities.

3 0
3 years ago
Lebron received $51,900 of compensation from his employer and he received $455 of interest from a municipal bond. What is the am
neonofarm [45]

Answer:

gross income amount = $51,900

Explanation:

given data

received compensation = $51,900

received interest from municipal bond = $455

solution

we get here amount of Lebron's gross income  that is

gross income amount = only received compensation here

receive interest from municipal bond is not consider here for gross income

so here gross income amount will be only here

gross income amount = $51,900

5 0
3 years ago
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