Suppose Peter earns an annual salary of R245 000 and frik earns an annual salary of R104 500.Frik spends 82% of his salary on goods and services and Peter all of his salary .Assume the rate is 14% .Calculate the marginal tax rate for Peter

As the individual accumulates more pairs, the marginal utility or satisfaction of each additional pair decreases. As a result, the individual may be willing to pay less for each additional pair of shoes.

The principle of diminishing marginal utility explains the way we feel about paying the same price for another unit of a good or service in a manner that, as one consumes more units of a particular good or service, the satisfaction or utility derived from each additional unit consumed decreases.

This implies that each additional unit of consumption generates less satisfaction than the previous one. As a result, an individual is willing to pay less for each successive unit of the same product or service. When this occurs, the consumer may not perceive the value of the additional unit as equal to or more than the cost of purchasing it.

As a result, the consumer may reduce their consumption of the product or service, purchase a different product or service, or seek out a lower price.

As an example, if an individual purchases a pair of shoes, the first pair they purchase may bring them a high level of satisfaction or utility, as they might have previously had no shoes.

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Answer:

Explanation:

$6,300ANSWER: C. $4200

23 x 12 x 700= 193,200

64,400/193200=0.333

700*0.333 = 467 = 467*9= $4203

i'm not going to write the whole story but i'll give you a few details :)

- the person ends up buying a house that was falling apart, pipes breaking/leakage, roof falling apart, floorboards splitting.

- goes for a loan to fix the house but doesn't know the process of the loan and gets put into debt.

- tries to fix the house himself cheaply, it works for a week then it goes back to what it was. a lot more holes and breaks show up. hires someone to come fix the things that were breaking and gets put farther into debt and loses a lot of money.

- falls behind on his mortgage and eventually, the house gets repossessed (sorry if i spelt that wrong)

Answer:

its a D

Explanation:

The difference between traditional manufacturing and a cottage industry is manufacturing is done on a larger scale. Thus, option D is correct.

A cottage industry is a small manufacturing company run by an individual or family, usually from their house rather than a specially constructed facility. The minimal expenditure needed to launch a cottage industry serves as its defining characteristic.

They frequently concentrate on making labor-intensive goods but have a tough time competing with manufacturers of mass-produced goods who operate factories. The original cottage industries in the U.S. and Europe were light manufacturing businesses that performed subcontracted work in shoemaking, minor metal machine components, textile or garment production, or stitching. These small-scale companies frequently used raw materials provided by the contract supplier to make final goods.

Therefore, we can conclude that option D is correct.

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Answer: give him the brainlyst kasliwalalvi24Ambitious1.6K answers5.7M people helpedWork ethics is defined as the set of moral values, benefits, and virtue by which an individual can strengthen their character and abilities. It is based on the determination, importance of work, and desire to work hard. The three ways in which a newly hired employee can do great at the company are:1. Integrity and Honesty are the two values that are most important in a workplace. The individual should be honest about the work and work with full determination. 2. Discipline and Responsible for the kind of work the individual is doing. The person should have the desire to work hard, responsibly, and have the discipline to achieve promotion in a company. 3. Productivity and communication are also the key elements of work ethics. The person should increase and bring out productivity every day and have excellent communication skills. Therefore, responsibility, honesty, hard work, and discipline are some of the elements to achieve great at a company. To know more about work ethics, refer to the following link:brainly.com/question/7129473

Explanation:

Answer:

This is because of the ethics guiding the body. For example, ethically, it is wrong for the agent to put his email address in the application in LEAN where it should have been the customer's own. There is a possibility of the identity theft or fraud being committed when such happens.

Explanation:

Answer:

False, jobs requiring a higher level of education have more benefits than jobs that require minimal education.

Answer: f

Explanation:

Accounting principles are used to analyze a business's financial health by providing a set of guidelines and rules that ensure the financial statements accurately represent the company's financial position.

These principles include the matching principle, revenue recognition principle, and the historical cost principle. The matching principle ensures that expenses are matched with revenues in the same period, providing a more accurate reflection of the company's profitability. The revenue recognition principle dictates when and how revenue is recognized, providing a clear picture of the company's sales. Finally, the historical cost principle requires assets and liabilities to be recorded at their original cost, ensuring consistency in financial reporting. For example, a company that uses the matching principle will record the expenses related to the production of goods in the same period as the revenue generated from their sale. If the company reports a profit, it means that the sales revenue is sufficient to cover the expenses. In contrast, if the expenses exceed revenue, it indicates that the company is not generating enough income to cover its costs, and its financial health may be in jeopardy. Similarly, the revenue recognition principle ensures that revenue is recognized when the company has earned it, and not before, which can impact a company's profitability and financial health. By following accounting principles, companies can ensure accurate financial reporting, which is essential for making informed decisions and assessing financial health.

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The sharing economy requires companies to be more flexible in how they organize their activities.

An economy is a system of inter-associated manufacturing and consumption sports that in the long run decide the allocation of assets inside a collection. The production and consumption of products and services as a whole satisfy the desires of those dwelling and working inside it.

Economics play a role in all the following most important life stories: How the authorities plans regulations. The kingdom of the housing marketplace and real property funding opportunities. The ability to make clever monetary decisions.

An economic system is a place of the production, distribution and trade, in addition to intake of goods and offerings. In widespread, it's far defined as a social area that emphasize the practices, discourses, and cloth expressions related to the manufacturing, use, and control of scarce resources'.

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Answer:

The actual answer is retailer

Explanation:

got it right on the test (plato user)

Answer:

Switzerland

Explanation:

amounting to an impressive 8.8 kilograms.

Answer:

Switzerland

Explanation:

Explanation:

Retailing can be defined as the buying and selling of goods and services. Product, Price, Place and Promotion are the basic necessities of a proper retail business/company.

When a perfectly competitive market has a long-run market supply curve that is upward sloping, then that market has increasing costs.

A market supply curve that is upward sloping means that:

In such a market, suppliers face increasing costs as they produce more which is why they will demand higher prices in order to produce more so that they can cover their costs.

In conclusion, such a market will have increasing costs.

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The logistics process of recycling or disposing of returns from customers or from resellers is known as reverse logistics.

Reverse logistics, as it is commonly known, is the movement of commodities away from their usual final location in order to increase their value or ensure correct disposal. The management and sale of excess inventory or raw materials, as well as the delivery of rented machinery, equipment, and other hardware back to the leasing company, are all included in reverse logistics. Another name for it is returned.

Every e-commerce fulfillment operation needs management to be successful. An order's return procedure is known as reverse logistics. Moving the product back to its place of origin once it leaves the client is known as this process. Reverse logistics, in essence, is the handling or process of an item after the initial sale.

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Adam Smith was a Scottish economist and philosopher whose ideas on economics had a profound impact on the development of the capitalist system.

Smith believed that free markets, competition, and the division of labor were essential to economic growth and prosperity. In his influential book "The Wealth of Nations," he argued that the government should have a limited role in the economy, and that individuals pursuing their self-interest in a competitive market would lead to the most efficient allocation of resources.

Smith's ideas laid the foundation for the development of a new economic system, known as capitalism, which emphasizes private ownership of the means of production, free markets, and entrepreneurship. Capitalist system has been credited with driving innovation, raising living standards, and promoting economic growth, but has also been criticized for its negative impact on the environment, income inequality, and social justice.

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An organization or enterprising entity engaging in commercial, industrial, or professional activity is referred to as a business.

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Answer:

Institute of Forestry.

Institute of Engineering.

Institute of Science and Technology.

Council of Technical Education and Vocational Training.

Patan Science Academy.

Institute of Agriculture and Animal Sciences.

Source : Wikipedia

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It's me Sopnila.

Answer:

usually signals demand for goods and services is lower than it should be, and this tends to slow economic growth and depress wages.Jun

Explanation:

To determine the buffer quantity assuming a 3-hour buffer in front of the bottleneck work center, you need to calculate the average demand rate of the work center and multiply it by 3.

The buffer quantity will be the amount of inventory or time required to cover any unexpected delays or disruptions in the production process. It is important to have a buffer quantity to ensure that the bottleneck work center can continue to operate efficiently without causing delays in the overall production process.

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Other things remaining the same, if the cost of goods sold decreases, then the correct answer is: d. Inventory turnover ratio will go up, but weeks of supply will go down.

Here's the step-by-step explanation:

1. The cost of goods sold (COGS) is the total cost of producing or acquiring goods sold during a specific period. It includes the cost of materials, labor, and overhead expenses.

2. The inventory turnover ratio measures how efficiently a company manages its inventory by dividing the cost of goods sold by the average inventory. It indicates how quickly a company sells its inventory and replenishes it.

3. When the cost of goods sold decreases, it means that the company is selling goods at a lower cost or reducing the quantity sold.

4. As a result, the inventory turnover ratio will increase. This is because the cost of goods sold is in the numerator, and a decrease in COGS will lead to a higher ratio.

5. On the other hand, the weeks of supply measure how long a company's inventory will last based on the current rate of sales. It is calculated by dividing the average inventory by the cost of goods sold per week.

6. When the cost of goods sold decreases, the denominator in the weeks of supply calculation decreases. As a result, the weeks of supply will go down.

In conclusion, when the cost of goods sold decreases, the inventory turnover ratio will go up because the company is selling goods more efficiently. However, the weeks of supply will go down because the inventory is being depleted at a faster rate.

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Answer:

D.Intangible

Explanation:

Because three characteristics of service are: intangibility, inseparability, variability

The correct answer is D. Intangible.  is a characteristic of a service

Services are intangible in nature. This means that they do not have a physical presence and cannot be touched or held like physical goods. This is one of the key characteristics that differentiates a service from a product.

Options A, B, and C are typically characteristics of goods, not services:

A. Services cannot be stored for later use like physical goods.

B. Due to the human aspect involved in delivering services, they may not be repeated in exactly the same way each time.

C. Services are generally customized to the individual customer and are not mass-produced in the same sense as physical goods.

Option D is therefore a service characteristic.

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The statement  in a free market, multiple patients and providers act interdependently is true.

A free market is an economic system where individuals and businesses can exchange goods and services with little or no government intervention or regulation. In a free market, prices and quantities of goods and services are determined by supply and demand, and all economic decisions are made by individuals and businesses rather than by the government.

The theory behind a free market is that it leads to economic efficiency, innovation, and consumer choice, as businesses compete to provide the best goods and services at the lowest prices. However, critics of free markets argue that they can lead to inequality, exploitation, and environmental degradation, and that some level of government intervention is necessary to prevent these negative outcomes.

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Market, multiple patients and providers act interdependently

Answer:

B. it allows entrepreneurs to profit from their ideas.

Explanation:

Intellectual properties are valuable ideas, innovations, and creations to a business. They are intangible assets that give a business its competitive advantage. Protecting intellectual properties ensure an individual or entity reaps the full benefits of the inventions and creations.

Protecting intellectual properties safeguards a company's ideas from being exploited by its competitors for commercial gains. It gives a business the right to exclusively profits from its innovations. Protecting intellectual properties encourages research and development as entrepreneurs are guaranteed to benefit from their creations.

An example of indirect cost for the soccer equipment line is the : Monthly lease payments for a specialized piece of equipment needed to manufacture the golf driver

Indirect cost is a cost used by multiple activities which and cannot be directly assigned to any specific cost objects.

Indirect costs are expenses unrelated to producing a good or service hence not associated  to specific product or project within a company.

Examples of indirect cost includes :

Therefore, monthly lease payments for a specialized piece of equipment needed to manufacture the golf driver is an example of indirect cost.

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In the context of Beer's model of a rational approach to organizational change, increasing the clarity of vision will most likely result in increasing the amount of change (C). The correct answer is option D.

This is because having a clear and compelling vision of the desired state of the organization is a key factor in motivating employees to embrace change and work towards achieving the vision. When employees understand the rationale behind the change and how it will benefit the organization, they are more likely to be supportive and proactive in making the necessary changes.

On the other hand, increasing the amount of resistance in followers or dictating authority and how it can be used can actually hinder the success of organizational change efforts. Resistance from employees can slow down or even derail the change process, while a top-down approach to change can create resentment and disengagement among employees. Similarly, when followers are content with the status quo, they may not see the need for change and may be resistant to any efforts to disrupt the current state of affairs.

Overall, a clear and compelling vision is a key driver of successful organizational change, as it provides direction and motivation for employees to embrace and work towards the desired state.

Therefore, option D is the right one.

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In Michael Beer's model of organizational change, increasing the clarity of vision most likely results in increasing the amount of change.

In the context of Michael Beer's model for organizational change, which is a rational approach to change, the option that will most likely result in increasing the amount of change (C) is D) increasing the clarity of vision.

Beer's model emphasizes the importance of a clear vision to drive change. A clear vision provides a sense of direction and purpose, which is essential for motivating followers to embrace the change. Increased resistance amongst followers (A), authority dictation (B) and contentment with the status quo (C) would likely inhibit change rather than promote it. Thus, the answer is D.

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Answer:

Mutual Fund

Explanation:

Mutual fund is a type of investment where professionals managed a pooled sum money contributed by different investors. These funds are invested into buying stocks , bonds other securities towards profit making.

It has its advantages in professional management , shared risks, dividends reinvestment and convenience. However , the disadvantages include poor trade execution ,potential for management bias and high fees.

Answer:

The correct answer would be a basic savings account earning 1.3% interest, compounded monthly.

Explanation:

Taking into account that Marta does not like taking risks with her money and does not have an emergency fund she should not invest in stocks.  She also wishes to use her money within 18 months, so a fifteen-year savings bond would not be a great choice.

A mutual fund is a collection of money from a group of investors to buy different investments. This choice will also not work well for Marta.

An IDA is an individual development account for low-income families to save towards a targeted amount usually used for building assets in the form of home ownership, post-secondary education and small business ownership. Not a great account for a single person with no dependants.

$1,500 at 1.3% interest, compounded monthly after 18 months equals about $1,520. Even though Marta won't be earning a huge amount of money, she will still earn some. Since she doesn't have an emergency fund and doesn't like risks, a basic savings account earning 1.3% interest, compounded monthly will be the right choice for her.

Answer:

d. money a company shares with the stockholders

Explanation:

A dividend is money a company shares with the stockholders.

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