Answer:
c. 80 dollars.
Explanation:
Opportunity cost represents the next best alternative missed. It is the forfeited benefits arising from choosing one option over the others. Opportunity cost is expressed as a value or the worth of the forgone alternative.
Lisa's opportunity cost is $ 80. She has valued going out with her friend at $ 80, which is the highest value amongst her three choices. Since she can not engage in all the three activities at the same time, the next best alternative to writing her exam is the opportunity cost.
Answer:
Aggregate Supply = National Income
Explanation:
Aggregate Demand is total value of goods & services buyers are planning to consume. In a closed un-intervened economy : AD = Consumption (C) + Investment (I) ,C is positively related with income (Y) & I assumed to be autonomous .
So the AD curve (plotted against Y) has an upward sloping curve (∵Y, C +ve relationship) having intercept on Y axis (∵ equal to autonomous C, I).
Aggregate Supply AS is the total value of goods & services producers are planning to sell. It is equal to National Income because : this producers' desired/ planned production level yields incomes which is distributed as factors incomes to factors of production. And, Income is either consumed or saved . So AS = C + S (Saving)
Hence , AS (C+S) plotted against Y , is an upward sloping 45° line . Because such line has a special feature of having equal distance from X & Y axis & the things magnitude on both axis is equal , like Y = AS (i.e C +S)
Answer:
The correct answer is letter "D": deducted to arrive at an employee's net pay.
Explanation:
Federal income taxes represent the main monetary resource from where the government can fund its diverse projects. These sources are also allocated to deal with common social issues such as building highways, improving education or funding social programs such as Medicare.
When it comes to wages,<em> the federal income taxes are deducted from the gross income of workers resulting in their net payment which is the actual amount of money employees see in their checks</em>.
Answer:
E) matrix departmentalization
Explanation:
Matrix departmentalization is an organizational structure that combines functional and task force departmentalization in order to improve economies of scale and/or customer service.
Commerce Insurance Services is divided functionally in five divisions, and each division is also divided along product lines (tasks).