<span>Terry's employer withholds $85.80 in federal income tax by using the percentage method. This method states that is a single person's salary exceeds $645.00 per week they pay $81.90 plus 25% more for anything over $645.00. Based on the tax withholding, Terry makes $660.60 per week.</span>
NPV stands for net present value, which refers to the amount of money that is invested today and how much it could potentially be worth in the future. If Alby Ldt. decided they did not want to invest after calculating the potential NPV, it's likely that the future value of the purchase would not be worth the investment.
Answer:
A commercial for the drink SunnyD explains how nutritious it is in comparison to other, more "sugary" drinks. While children under 12 are the most likely consumers of SunnyD, the commercial is aimed at mothers. These mothers represent SunnyD's target market.
Explanation:
Marketing is a way in which the producer can provide information about it's goods and service to the customers. The marketing channels can either be direct or indirect depending on which strategy works best for the company. The major reason for marketing is to provide more information about the product and services to cover a larger audience. There is always potential in marketing to convert an audience to a loyal customers depending on the effectiveness of the marketing strategy. More customers usually translates to an increase in sales, and ultimately to an increase in profits. Increased profits is a reflection on business success since most companies get into competitive business to make profits. An example of marketing strategy that is often is used is target marketing.
Target marketing is a type of communication with your potential customers that involves providing more information to a select group of people in the market. This is done by tailoring the message in such a way to ensure that it is directed towards that particular group of people. In the question above, the commercial is made in a certain way to target mothers and possibly convert them to loyal customers.
Answer:
$50
Explanation:
The computation of the selling price of each purse is shown below:
As we know that
Selling price = Total value ÷ number of purses sold
where,
Total value is
= Cost of the purse × number of purses sold + producer surplus
= $35 × 12 purses + $180
= $600
And, the number of purses sold is 12
So, the selling price of each purse is
= $600 ÷ 12 purses
= $50
Answer:
The correct answer is option B.
Explanation:
A perfectly competitive industry is producing 30,000 yachts per year.
The government imposed a tax of $20,000 on each yacht.
The demand for yachts is highly elastic.
This imposition of tax will create a tax wedge in which the tax burden will be shared between buyers and sellers.
The price paid by the buyers will increase. While the price received by sellers will decrease.
This tax wedge causes the quantity demanded and quantity supplied to fall. As a result, the equilibrium quantity in the market declines.
Since the demand is highly elastic an increase in price will cause the quantity demanded to decrease by more than proportionate.
The price of the product will increase by less than $20,000 as the tax burden will be shared.
