Answer:
The correct answer is: Trip's price = $250.
Explanation:
According to the number of applicants, it is estimated that the price that can be charged to people is $ 250. If you wanted to charge even less, the trip could not take place because you would not meet the breakeven point.
It should be known that in addition to the above, a profit margin is calculated that is understood as the percentage that the organizer has left for the trip.
Answer:
An employee has an average wage of $60,000 and has worked for the firm for 28 years. The defined benefit pension plan pays retirees 2.3% of the average wage times the years of service. The employee can expect to receive __$1,380_____ per year upon retirement.
Explanation:
a) Data and Calculations:
Average wage = $60,000
Number of years worked in the firm = 28 years
Defined benefit pension plan rate = 2.3%
Annual defined benefit pension plan = $1,380 ($60,000 * 2.3%)
Total benefit to be received = $38,640 ($1,380*28) or ($60,000 *28 * 2.3%).
b) This employee is expected to receive the total benefit of $38,640 for serving the firm for 28 long years under the defined pension plan, given the plan rate of 2.3% of the average wage.
Answer:
See explanation below for answer.
Explanation:
One way in which the federal government makes money is to impose a tax on the salaries and wages earned by workers. This tax is a particular percentage of the salaries and wages of workers, and it is collected by the government to be used for various purposes.
Therefore, if the labour force were to be increased, meaning an increase in the number of workers in the economy, this would lead to more people earning wages and salaries, thereby translating into more tax to be collected by the government.
Hence, an increase in the labour force has a positive effect on government revenue, because it will lead to an increase in revenue collected from taxes.
Associate of Industrial Technology is not an example of a career associate's degree
<u>Explanation:</u>
Associate degrees contribute a foundational institute learning that can admit up to various professional and academic possibilities. With a lot of online associate grade curriculum choices instantly possible, getting a college education has nevermore easier or added affordable.
Most associate's degrees are granted in marketing, health, engineering, information technology or beginning childhood education, and may involve an Associate of the Arts degree, Associate of Science degree, or an Associate of Applied Science degree. To go in industrial technology, that would be getting a degree in an associate of applied science.
As long as the marginal benefits are higher than the marginal costs you are better off continuing the activity.
Consider the example of eating pizza. Each slice of pizza gives you happiness and helps fill you up (marginal benefit), but each slice also has lots of calories and fat (marginal cost). As long as you are still hungry and getting enjoyment from eating, you should keep eating. But once you reach the point where you are too full then you should stop, because the costs now outweigh the benefits.