Answer:
$20.833
Explanation:
Given that,
Number of order operators = 30
Cost associated with these order = $1,000,000 per year
Each operator worked = 2,000 hours per year
Productive work provided by each operator = 1,600 per year
Cost for each order = Total Cost associated ÷ Number of order operators
= $1,000,000 ÷ 30
= $33,333.3333
Rate per hour for each order entry employee:
= Cost for each order ÷ Productive work provided by each operator
= $33,333.3333 ÷ 1,600
= $20.833
Answer:
The correct option is A
Explanation:
Arnold has the potential and capacity which means he has the power but instead he chooses to stick to important paperwork which makes him fail in influencing his subordinates.
The answer to the question above is time. As time pass, it will show the effects of the supply and how it will be elastic or inelastic. Time will tell how the changes will happen because it shows the length of the effects will occur and when it will the changes take place. This will help the people evaluate the supply of goods as time takes place.
Global Trade, or commerce, involves the transfer of the ownership of goods or services, from one person or entity to another, in exchange for money goods or services. Help to Grow the Society.
Answer:
The correct answer is D. imposes a small deadweight loss relative to the tax revenue it raises.
Explanation:
By not discouraging the activity, it is understood that taxes should not distort the economic decisions of the individuals subject to taxation. In the theory of Public Finance the inefficiency of taxation can be analyzed through the so-called "excess tax", as a quantification of the loss of utility generated by a distorting tax. The excess of tax arises because the loss of total welfare generated by the tax on the individual with the modification in their behavior, is greater than the mere loss of welfare caused by the decrease in disposable income that comes with the payment of the tax. The value of excess tax that is generated by the substitution effect is greater the higher the tax rate and elasticity (Musgrave, 1986). Therefore, the relationship of exchange between efficiency and equity is not so simple for governments when designing their fiscal policy.
