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Alan buys a basket of apples on sale for $7 before tax. The sales tax is 12.5%. What is the total cost for the basket of apples?
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- When firm must pay a tax proportional to the number of items it produces: fixed cost of production will [increase, decrease, remain the same] , marginal cost of production will ["", "", ""] , average cost of production will ["", "", ""] .Lewis contracted with the government to dredge 2 million cubic yards of silt from a ship channel. After excavating 1.5 million cubic yards, he quit the job. Should he be paid anything for partial performance? Explain.Economics. Answer only. Rate will be given If it costs Mary P500 to produce a product and Anne P600, the producer surplus when the price of the product is 800 is a. 200 b. 300 c. 400 d. 500
- if the employee sold house for $340000,what is the total recruiting expense?When firm must pay lump sum tax (which is a fixed sum, independent of whether it produces any output): fixed cost of production will [increase, decrease, remain the same] , marginal cost of production will [increase, decrease, remain the same] , average cost of production will ["", "", ""] .I just need to understand why it is 195 instead of 856.
- Fill in the blanks: Coat incurred in per unit production is....Which of these are direct materials Sandpaper and other like kind items of minor cost used in production Finished goods Identifiable items that become part of a product The item that costs the most used in making a productThe Social Security tax is a tax on a. land. b. capital. c. savings. d. labor.