Answer:
$175
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay - price of the good
Consumer surplus = $750 - $575 = $175
Answer:
$6,000,000
Explanation:
Change in risk = 0 in 1,000 to 1 in 1,000 = 0 to 0.001 = +0.001
Change in wage = $30,000 to $36,000 = +$6,000
Therefore:
wage/risk = 6,000/0.001
= $6 million or $6,000,0000
The value of a human life for workers with these characteristics should a cost-benefit analyst use is $6,000,000 because workers are willing to receive an extra $6,000 for a 1 in 1,000 increase in risk of death, implying a value of life of $6 million)Value of human life for workers with these characteristics = $6 million .
In order words the workers require $6,000 to accept a death risk of .001. The value of life implied by this is $6,000/.001 = $6,000,000.
foreign direct investment
<h2>
What is foreign direct investment?</h2>
- A corporation from nation A will invest in country B by starting their own commercial activities there or by buying a local company. This practice is known as foreign direct investment (FDI). The new company in country B must be controlled and managed by the investor from nation A in order to qualify for FDI.
- The investment could entail purchasing a material supply, growing a business's reach, or establishing a global presence.
- By 2020, the United States will trail China in terms of FDI attraction.
<h2>Why do companies engage in foreign direct investment?</h2>
- Avoid trade restrictions. National protectionism still appears occasionally despite the increased prevalence of free trade.
- Lower the cost of production. Companies increasingly use foreign direct investment to lower production costs.
<h3>Examples of Foreign Direct Investments</h3>
- Mergers, acquisitions, or joint ventures in the retail, service, logistics, or manufacturing sectors may be part of foreign direct investments. They point to a global business expansion plan.
learn more about characteristics of foreign direct investment at
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Answer:
doctor
Explanation:
because if you are an engineer you will work harder then a doctorans you will get more money when your a doc
Answer:
Since Karen is a minor, she can receive up to $950 in unearned income per year without paying taxes or having to file a tax return.
Since she receives a larger amount $2,500 - $950 = $1,550, she must pay taxes for the extra amount depending on which type of account her parents opened for her.
- Karen's parents probably opened a 529 Education Savings Plan, and if that is the case, she doesn't need to pay any federal taxes.
- If Karen's parents opened her a custodial account, then she will have to pay taxes for the $1,550 above the $950 threshold. Minors are responsible for filing their own taxes or their parents can file taxes for them. If either Karen or her parents pay taxes, they should pay = $1,550 x 10% = $155