Answer:
D) $3
Explanation:
Consumer Surplus refers to the difference between the actual price paid by a consumer and the price the consumer was willing to pay. Surplus arises in cases wherein the price consumer was willing to pay exceeds the price he actually paid.
In the given case, the consumer was willing to pay a total of $9 i.e ($5 + $4) for 2 units of pizza. He actually ended up paying $6 i.e ($3 × 2 slices).
Thus, his total consumer surplus can be calculated as $9 - $6 = $3
FICA tax includes a 6.2% of social security and 1.45% Medicare tax on earnings.
b. the demand curve for Just Right cereal shifts to the right
<h3>What causes the demand curve to shift to the right?</h3>
When a factor other than price affects demand, the demand curve will shift. It happens when the price doesn't change but the demand for goods and services does.
If the determinant raises demand, the curve moves to the right. This indicates that even while the price remains the same, there is a greater demand for the commodity or service. The incomes of consumers will increase as the economy is flourishing. Despite the fact that prices haven't increased, people will purchase more of everything.
Learn more about the demand curve here:
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Answer:
This was an executory contract because neither party has fulfilled their contract obligations (consideration). In other words, the contract has not been fulfilled yet, and both parties are still responsible for performing their contract obligations.
Even after Jackson mistakenly painted the neighbor's deck, the contract remains as executory since neither party has performed their obligations.
Answer:
External
Explanation:
Human resources management
This is simply set up and control of formal systems for employee management within an organization.
Recruiting
This is refered to as the ways or process of getting a list of qualified candidates. The aim is to make the organization attractive to qualified applicants.
External Factors Affecting Recruitment
1. Supply and demand- labor market, unemployment rate
2. Social and legal environment
3.Competitors practices
Types of external source of labor
1. Direct recruitment where Informations are displayed on notice board. They are usually low cost.
2. Casual callers: this is simply known as a list of job seekers that is prepared and as the need arises they are called for an interview.
3. Advertisement through Newspaper, advertising etc.
