Answer:
Casey would prefer option 1; that he pays the premiums ($8,000). Even if Casey cannot deduct his insurance premiums as medical expenses, his income will only be reduced by $8,000. If he decided to take option 2, his income would be reduced by $8,800 (= $10,000 - 12%), so he is saving $800 by taking option 1.
On the other hand, Jean would prefer option 2; that her salary is reduced by $10,000 and her employer pays the premiums. By choosing option 2, Jean is going to lose $6,500 (= $10,000 - 35%). If she chose option 1, her income would be reduced by $8,000, so she is saving $1,500 by choosing option 2.
In the event that I could have my very own business it would be in member promoting. The magnificence of subsidiary showcasing is that you can gain cash from pitching items while never purchasing those items, or ship them. You can do it from the solace of your own home.
B.are usually composed of diagrams and equations
Answer:
150
Explanation:
As we know that
The marginal rate of technical substitution (MRTS) = Marginal product of labor ÷ Marginal product of capital
where,
The marginal rate of technical substitution (MRTS) = 0.20
And, the marginal product of labor is 30 chips per hour
So, the marginal product of capital is
= 30 chips per hour ÷ 0.20
= 150
The marginal rate of technical substitution (MRTS) shows a relationship between the marginal product of labor and the marginal product of capital
Answer:
Option A. $20
Explanation:
Marginal cost be MC, marginal revenue be MR and . We know that
MR = ∆TR ÷ ∆Q
or
MR = (P∆Q+Q∆P) ÷ ∆Q
Here,
P is Profit-maximizing price
or
MR = (P∆Q ÷ ∆Q) + (Q∆P ÷ ∆Q)
or
MR = P + (Q∆P ÷ ∆Q)
we can also write the above equation as
MR = 
also,
Price elasticity of demand PED = 
or
MR = P + [ P ÷ (PED) ]
We know MR = MC
Therefore,
MC = P + [ P ÷ (PED) ]
(P − MC) ÷ P = −1 ÷ PED
Substituting the values provided in the question
MC = $10
PED = -2
we get
P = [ PED ÷ (1 + PED)] × MC
P = ( -2 ÷ -1) × 10
or
P =$20
hence,
Option A. $20
