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3 years ago

What does it mean for a company to have a competitive advantage

1 answer:

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When a company has a competitive advantage over others it means they have offered their customers a better value on their products. This could imply they lowered prices or added benefits/services to make higher prices more worthwhile.

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Which of the following statements about GDP (gross domestic product) is TRUE?

nasty-shy [4]

Answer:

a) GDP measures the market value of final goods and services produced within a country.

Explanation:

Gross Domestic Product{ GDP} is the total market value of all the finished goods produced within the boundaries of a country at a specific time. GDP takes into account all products and services regardless of who produces them, be it locals or foreigners. In short, GDP is a measure of all domestic productions.

Economist uses GDP as a scorecard of a country's economic status. They use it to determine the growth rate of an economy and its size.

Investors and business people will use GDP in the decision-making process. They will want to invest in industries or countries that are growing. A steady rise in GDP signifies that the economy is doing well and growing. A decrease in GDP will indicate a recession.

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3 years ago

Each of the following is a type of homework except?

Tcecarenko [31]

Answer: concentration

Homework has this basic purposes: 1) practice 2) preparation 3) study, extend or elaborate, and integrate

Homework aims s to help students to strengthen what they learned in class and also to gather extra information beyond what is thought and integrate them into their everyday lives.

Concentration is not included to the type of homework.

6 0

3 years ago

In the long run, an increase in aggregate demand from a position of full employment leads to:

Bess [88]

higher prices and higher outputs

8 0

3 years ago

Other things the same, when the price level rises, interest rates select one:

laiz [17]

I think its number c, i hope it is
:P

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3 years ago

Patrick patrone (single, 2 allowances), $925 wages __________ carson leno (married, 4 allowances), $1,195 wages __________ carli

Furkat [3]

Solution and Explanation:

1) Patrick patrone

Single and 2 allowances $=\$ 925-\$ 155.80-\$ 155.80=\$ 613.40$

It falls under the category of Over $509 but under $1,631

The amount of income tax that he withholds is $36.70 + 12% of excess over $509

$\$ 36.70+12 \%(\$ 613.40-\$ 509)=\$ 36.70+12 \% \text { of } \$ 104.40=\$ 36.70+\$ 12.53=\$ 49.23$

The amount to withhold for Federal income tax is $49.23.

2) Carson Leno, married and 4 allowances

= $1,195 - $155.80 - $155.80 - $155.80 - $155.80 = $571.80

The wages falls under the category of Over $444 but under $1,177.

The amount of income tax that he withholds is $0 + 10% of excess over $444.

$\$ 0+10 \%(\$ 571.80-\$ 444)=\$ 0+10 \% \text { of } \$ 127.20=\$ 0+\$ 12.72=\$ 12.72$

The amount to withhold for Federal income tax is $12.72

3) Carli lintz single, zero allowances and wages is $700.

$700 - $0 = $700 (zero allowance)

The wages falls under the category of Over $509 but under $1631.

The amount of income tax to withhold is $36.70 + 12% of excess over $509

$\$ 36.70+12 \%(\$ 700-\$ 509)=\$ 36.70+12 \% \text { of } \$ 191 .=\$ 36.70+\$ 22.92=\$ 59.62$

The amount to withhold for Federal income tax is $59.62.

4) Gene hartz. Single, 1 allowance and $2,500 wages.

$2,500 - $155.80 = $2,348.20

The wages fall under the category of Over $1,631 but under $3,315

The amount of income tax to withhold is $171.34 + 22 % of excess of $1,631 $\begin{aligned}&\$ 171.34+22 \%(\$ 2348.20-\$ 1631)=\$ 171.34+22 \% \text { of } \$ 717.20 .=\$ 174.34+\$ 157.78=\\&\$ 332.12\end{aligned}$ The amount for Federal income tax is $332.12

5) Mollie Parmer. Married, 2 allowances and wages is $3,600

$\$ 3,600-\$ 155.80-\$ 155.80=\$ 3,288.40$

The wages falls under the category of Over $1,177 but under $3,421

The amount of income tax to withhold is $\$ 73.30+12 \%$ of excess over $\$ 1,177$ $\begin{aligned}&\$ 73.30+12 \% \text { of }(\$ 3,288.40-\$ 1,177) .=\$ 73.30+12 \% \text { of } \$ 2,111.40 .=\$ 73.30+\$ 253.37=\\&\$ 326.67\end{aligned}$ The amount for Federal income tax is $326.67.

NOTE : - the withholding allowance is deducted from the wages, the amount of single allowance is $155.80.

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3 years ago