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lbvjy [14]
3 years ago
12

Scenario: Phillip and Joseph are two classmates who represented their college in a quiz competition as a team and won $500. Howe

ver, the winning amount was handed over by the organizers to their professor who had accompanied them. The professor gave the money to Phillip and asked him to offer any amount he wants to Joseph. If Joseph accepts the offer, the money would be split in the decided proportion between them. However, if Joseph rejects the offer, the money would go to their college fund. Refer to the scenario above. If Joseph prefers more money to less, ________.
Business
1 answer:
Svetlanka [38]3 years ago
3 0

Answer:

The answer is He will except any offer made to him.

Explanation:

If Joseph prefers more money to less, ___He will except any offer made to him._____. Because he wants the money.

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The federal government currently levies a 15.3 percent payroll tax (7.65 percent on both the employer and employee) on the wages
Lynna [10]

Answer:

c. fall primarily on employees

Explanation:

As the demand for labor is elasticc (if the business is not profitable will close) while the supply of labor more inelastic (worker had to work to sustain their living standards) the burden of taxation while in fact is assumed to be distributed equally what occurs is that labor is decrease to make the total cost (base wage plus taxes) the amount the employeer are willing to pay for the employee

4 0
3 years ago
Read 2 more answers
Select the correct answer. Marketers use what kind of data validation to ascertain the reliability of secondary data? A. time se
myrzilka [38]

Marketers use this kind of data validation:

A. time series sales model

Explanation:

The time series sales model usually works for marketing campaigns because ultimately the marketeer wants to understand how many sales are being converted from primary and secondary sources.

This then leads to the cost and result assessment of the firm.

So, the time series sales model tells when how many sales are being done with some semblance of a filter for the secondary sources from the data of the marketer that they would have.

7 0
3 years ago
Read 2 more answers
Susan Williams runs a small Flagstaff job shop where garments are made. The job shop employs eight workers. Each worker is paid
Effectus [21]

Answer:

$68.11 per hour

Explanation:

Labor productivity is measured as total output value per labor hour, or how much money (total units produced x unit price) is produced during each labor hour.

Flagstaff has 8 workers and each one has worked 45 hours during the first week of March = 8 x 45 = 360 total labor hours

total output during the first week of March was worth = (52 second garments x $100 per unit) + (92 flawless garments x $210 per unit) = $5,200 + $19,320 = $24,520

labor productivity = $24,520 / 360 hours = $68.11 per hour

5 0
3 years ago
Jamie lee jackson, age 26, is in her last semester of college and is waiting for graduation day that is just around the corner!
Alexxandr [17]

Answer:

Total Gross Income is equals to $41,210

<u></u>

Explanation:

Continuation of the question: <em>Estimate Jamie Lee's current tax liability by completing the form below. Use the 2016 values for standard deduction ($6,300) and personal exemption ($4,050). Each answer must have a value for the assignment to be complete. Enter "0" for any unused categories</em>

<em />

Solution:

Calculation of Gross Income

Particulars                        Amount

Salary                                $37,800

($3,150 * 12 month)

Interest Income from        $210

Saving Accounts

($160+$50)

Raffle Prize Winnings        <u>$3,200</u>

Total Gross Income          <u>$41,210</u>

4 0
3 years ago
You are responsible for developing a promotional strategy for a new business that is a combination shoe store and bar. You need
MakcuM [25]

Answer:

1. A niche market will be targeted. This market will purchase shoes with high quality raw material and the finished goods are also luxurious. Price will be high for the shoes which will be affordable for the niche class of market.

2. The brand name will be Luxo Shoes. This name will be self explanatory about its luxurious shoes. Also a tag line can be added to increase the clarity for eg. Fit for a Prince/Princess.

3. The business will be selling high quality and beautiful shoes that will be able to attract all the shoes lovers and will be targeted to the niche class.

4. Promotional Tools

Advertising.

Advertisement with a well known actor will enable the fans of the actor to purchase shoes.

Sales Promotions

Adding a 20% opening discount will gain those who like to buy products when they are on discounts.

Publicity

Targeted publicity to reach the niche class by adding pamphlets in newspapers and distributing in rich locality.

Explanation:

1. A niche market will be targeted. This market will purchase shoes with high quality raw material and the finished goods are also luxurious. Price will be high for the shoes which will be affordable for the niche class of market.

2. The brand name will be Luxo Shoes. This name will be self explanatory about its luxurious shoes. Also a tag line can be added to increase the clarity for eg. Fit for a Prince/Princess.

3. The business will be selling high quality and beautiful shoes that will be able to attract all the shoes lovers and will be targeted to the niche class.

4. Promotional Tools

Advertising.

Advertisement with a well known actor will enable the fans of the actor to purchase shoes.

Sales Promotions

Adding a 20% opening discount will gain those who like to buy products when they are on discounts.

Publicity

Targeted publicity to reach the niche class by adding pamphlets in newspapers and distributing in rich locality.

5 0
3 years ago
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