Answer:
-4 units
Explanation:
Applying the midpoint method, Blake's income elasticity of demand for generic potato chips is determined by multiplying the change in demand (D) by his average income (I), then dividing by the product of the change in income and average demand:
Thus, Blake's income elasticity of demand equals -4 units.
In this scenario, the handler company receives a $21.85 discount (1% of the amount borrowed) for settling their payment within 15 days. Consequently, rather than sending the full sum of $2,185 to Ellen Co., they will only remit $2,163.15, which is $21.85 less than the initial amount due, taking advantage of the 1% discount.
Answer:
1. He has yet to advance the concept
2. His boss is aware of his pacifist beliefs, so Ben faces the dilemma of whether it is ethically sound to create a product potentially usable for warfare.
Explanation:
In this case, Ben has entered into a contract with his employer stating that all concepts he formulates during his employment are owned by the company.
Such agreements are standard practice and grant companies rights over the innovations created by their staff.
Despite this, Ben's pacifism presents an ethical conflict as he contemplates an idea that might turn an ultrasonic range-finding device into a weapon.
He defends his stance by asserting that no development on this idea has occurred and believes his employer will not press him to work on such technology given his pacifist views.
During the quarter, employee wages exempt from FUTA or SUTA hinges on 15 weeks of service. Employee 1 received wages computed as 15 weeks × $900 totaling $13,500, with exemptions totaling $6,500 after deducting the $7,000 threshold. Employee 2 accrued wages of 15 weeks × $1,200 amounting to $18,000, thus $11,000 exempt. With total payments of $13,500 and $18,000 across both employees, computations yield a collective taxable wage of $14,000 by deducting exemptions from gross wages. Consequently, SUTA and FUTA taxes at the end of the first and second quarters result in SUTA at 0.057 multiplied by $14,000 equating to $798 and FUTA at 0.008 multiplied by $14,000 amounts to $112.
