<span>An economist would view this as supply and demand. A very successful entertainer or athlete could command a high salary because there are few people of their talent and there is a high demand from the public to see them perform. Hence, from such a limited pool they could command a higher price than most of their competition.</span>
Answer:
$93
Explanation:
Social security tax is a constant figure of 6.2% for each paycheck.
Tate's annual pay is $36,000. If she is paid twice per month, it means she has 24 paychecks. ( 12 months x 2 payments).
For each payment, she receives, $36,000 divide by 24 paychecks
=$36,000 /24
=$1500
Amount withheld for each paycheck is
=6.2% of $1500
=6.2/100 x 1500
=0.062 X 1500
=$93