The business would make c. less money
Answer: Is useful to managers in planning and decision making.
Explanation:
The Contribution approach to the income statement helps the company understand better the behaviour of it's variable and fixed assets because the Contribution Margin approach first subtracts variable costs from revenue and then subtracts fixed costs.
This allows the company to know which of the costs are more taxing on the company thereby enabling the company to know which to work on. It is therefore useful to managers in planning and decision making.
Answer: C) Marginal revenue will fall and marginal cost will rise.
Explanation:
The profit-maximizing equilibrium is the production point where the Marginal Revenue equals the Marginal cost.
As the monopolist moves towards this point, they will see their marginal costs increase because they will be producing more goods.
For a monopolist to sell more goods however, they will need to reduce their prices. This means that Marginal revenue will come down.
Marginal revenue will keep decreasing and Marginal cost will keep increasing until both of them become equal to each other.
Answer:
c. You only have to pay half of your payroll taxes for Social Security but not for Medicare
Explanation:
This is true due to the fact that, payroll taxes is exempted from medicare as a result of the individual medicare subscription of the employees. <em>On the other hand, there is need for them to pay social security taxes towards the provision of the social amenities to the citizens.</em>
Answer:
-2
Explanation:
because if the bigger number is in the back and smaller number in the front then we shouldinus the back number to the front by using the minus or subtraction sign.so, the answer is -20