The reduction in Max's demand for hot dogs as his income rises shows that Max's hot dogs are an inferior good.
<h3>What is an inferior good?</h3>
An inferior good is a concept used in economics to describe a product whose demand falls as people's earnings increase. As salaries and the economy improve, people begin to replace these things with more expensive alternatives.
- The demand for an inferior good usually falls as consumer income grows, as opposed to normal goods, which experience the reverse.
Therefore, we can conclude that the reduction in Max's demand for hot dogs as his income rises shows that Max's hot dogs are an inferior good.
Learn more about inferior goods here:
brainly.com/question/6039968
Hello!
Here are some tips:
• Get a good night's sleep. Believe me, if I don't get at least 7 hours of sleep before a big test, my mind won't function properly and I'll forget everything I'd practised. So, please, get enough sleep.
• Eat something good before the test. It'll help you. When your belly is full, almost everything is okay! :D Seriously, eat enough so that you wouldn't get hungry during the test, and you'll have less to think about. Also, make sure the food doesn't contain too much sugar.
• Take breaks when you're studying. Do NOT cram all those facts in your head, because they won't stay there. Set up a schedule and designate a specific part of every day to studying, and it shouldn't be longer than half an hour.
• Here's a bonus tip I've learned from past experiences. Please don't use TVs, phones, and anything that will distract you. If you need a calculator, USE A CALCULATOR, and not an online one. Otherwise you won't be as productive and it'll definitely distract you.
Answer:
![\left[\begin{array}{CCCccc}&accumulated&OASDI&HI&SUTA&FUTA\\KEN&6000&360&90&324&36\\ANN&146500&7020&1755&378&42\\LORI&119500&7020&1755&378&42\\TIM&60200&3612&903&378&42\\KATHLEEN&106900&6414&1603.5&378&42\\KITTY&36900&2214&553.5&378&42\\STEVE&89000&5340&1335&378&42\\MICHELLE&117000&7020&1755&378&42\\JHON&4000&240&60&216&24\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7BCCCccc%7D%26accumulated%26OASDI%26HI%26SUTA%26FUTA%5C%5CKEN%266000%26360%2690%26324%2636%5C%5CANN%26146500%267020%261755%26378%2642%5C%5CLORI%26119500%267020%261755%26378%2642%5C%5CTIM%2660200%263612%26903%26378%2642%5C%5CKATHLEEN%26106900%266414%261603.5%26378%2642%5C%5CKITTY%2636900%262214%26553.5%26378%2642%5C%5CSTEVE%2689000%265340%261335%26378%2642%5C%5CMICHELLE%26117000%267020%261755%26378%2642%5C%5CJHON%264000%26240%2660%26216%2624%5C%5C%5Cend%7Barray%7D%5Cright%5D)
HI OASDI SUTA FUTA TOTAL
Employer 9810 39240 3186 354 52590
Employee 9810 39240 49050
TOTAL 19620 78480 3186 354 101640
Explanation:
We will compare the accumulated wages with the celling of each tax and apply the tax-rate oto the lower amount.
Then FUTA and SUTA will only be paid by the employeer.
Also, the employeer contributes the same amount for Hi and OASDI as the employees
Answer:
D. A limited liability company because he will only be liable for what he has invested in the business. His personal assets will be protected, and he can be taxed like a sole proprietorship.
John's reaction is an example of the bystander effect.
It means that he will just continue staring at the accident because he is curious as to what happened and he wants to see how the event is resolved, however, he is not really willing to do anything to help the people involved - he will just assume someone else will do that.
