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tankabanditka [31]
3 years ago
7

Which economic term is considered a resource?

Business
1 answer:
choli [55]3 years ago
5 0

Answer:

Classification of Economic Resources

Explanation:

Classical economics recognizes three categories of resources, also referred to as factors of production: land, labor, and capital.

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Tomtit [17]
Your best response is ' MY TEAM INITIATED A UNIFIED, PROFESSIONAL RESPONSE FROM THE START'. This kind of response show professionalism, because you have not allow the question asked by the reporter to provoke you onto anger. Also, it show that you possess good communication skills. 
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3 years ago
Gary Marks is paid on a monthly basis. For the month of January of the current year, he earned a total of $8,338. FICA tax for S
deff fn [24]

Answer:

$1,057.86

Explanation:

Payroll taxes include:

  • Social security tax withholdings 6.2% (on the first $132,900 of wages paid) = 6.2% x $8,338 = $516.96
  • Medicare tax withholding 1.45% = 1.45% x $8,338 = $120.90
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4 0
3 years ago
Which term can be defined as the net income that a firm reinvests in itself?
KengaRu [80]

Answer:

retention ratio

Explanation:

Retention ration is the portion of net income retained by a firm to grow its business rather than being declared and paid as dividened.

When a company makes profit at the end of financial period, the company can either retain part of its earning for business expansion, declare part as dividends paid to shareholder or combine both.

Where a firm now reinvest the portion of the profit earned in itself, it is called retention ratio.

6 0
3 years ago
Suppose the cost of flying a 100-seat plane for an airline is $50,000 and there are 10 empty seats on a flight. The average cost
Svetlanka [38]

Answer:

$500

Explanation:

The average cost per seat will be the total cost per plane divided by the seating capacity.

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=$50,000/50 seats

=$500

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3 years ago
Match the career with the education that the job requires.
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Explanation:

8 0
3 years ago
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