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Nitella [24]
3 years ago
8

A college professor's compensation package includes the total cost of a $350-per-month health insurance plan, the total cost of

a $45-per-month life insurance plan, and a salary of $65,000 per year. What is the yearly value of the compensation package?
Business
1 answer:
lubasha [3.4K]3 years ago
4 0
The answer would be 3,00
You might be interested in
Rains Company purchased equipment on January 1 at a list price of $125,000, with credit terms 2/10, n/30. Payment was made withi
klio [65]

Answer: $135,950

Explanation:

Given the following

List price = $125,000

2% discount if payment is made within 10 days

Sales tax = $6,250

Installation charges = $2,200

Concrete slab = $5,000

Total sales = [(100 - 2)% × list price] +sales tax + installation charges + concrete slab

Total sales =( 98% × 125,000) + 6250 + 2200 + 5000

Total sales = $(122,500 + 6250 + 2200 + 5000)

Total sales = $135,950

8 0
3 years ago
How do we minimize short run cost and maximize short run profits?​
Oksanka [162]
  • In the short run, a firm that is maximizing its profits will:-

  • Increase production if the marginal cost is less than the marginal revenue.
  • Decrease production if marginal cost is greater than marginal revenue.
  • Continue producing if average variable cost is less than price per unit.
<h3><u>__________________________</u></h3>
3 0
2 years ago
Ariel, Fouad, Nicola, and Daryush are four managers at Lost Soles Shoes. Each uses a different decision-making style and believe
Zanzabum

Answer:

B) autocratic

Explanation:

Nicola is displaying the decision-making style known as autocratic. This is because she is not asking for input or advice from employees, and instead makes the entire decision herself. Therefore, she is taking complete control over the situation by doing so and also taking full responsibility of both the situation and the possible consequences that may arise from the decision that she has made. This form of fast, controlling, action is part of an autocratic decision-making style.

6 0
3 years ago
Maria currently earns a REAL/NOMINAL wage of $12.00 per hour; in other words, the amount of her paycheck each week is $12.00 per
Temka [501]

Answer:

1) 12/3= 4 gallons of milk per hour is her real wage

Her nominal wage is $12 per hour, we then divide her nominal wage by the price of gallon of milk in order to find out how many gallons of milk can she afford from one hour of work. 12/3=4 so 4 gallons of milk is her real wage per hour.

2) Workers and firms negotiate compensation packages and agree on a Nominal wage with those expectations in mind, as nominal wage is the actual amount of money that they get. If the price level turns out to be lower than expected, a workers nominal wage is the same because he will be paid the same amount of money, but his real wage will be higher than expected, because real wage refers to the purchasing power of your money and when price levels are lower than expected the worker can buy more goods and services from the same nominal wage, which means that his real wage is higher than expected

3) Her Nominal wage increased from 12 to 12.36 which is

(12.36-12) =0.36

0.36/12= 3%

So her Nominal wages increased by 3%

If  inflation was 3% the price of milk would have been (1.03*3)= 3.09 but because inflation was 2% the price of milk was (1.03*3) = 3.06 so in order to find out the increase in real wage we will subtract inflation from the increase in nominal wage

Increase in nominal wage 3%

Inflation 2%

Real wage increase =3-2

= 2% real wage increase.

Explanation:

3 0
3 years ago
12. The type of line used to make a hairstyle appear longer and narrower is a(n):
balandron [24]

Answer:

Vertical lines

Explanation:

In simple words, In hair fashion, vertical lines establish length and height. When the eye traces the lines up and down, they render a hairstyle look longer and narrower . Along the horizontal as well as vertical sides, diagonal rows are placed. They are also utilized to highlight facial expressions or diminish them.

Thus, from the above we can conclude that the correct option is A.

4 0
3 years ago
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