What would be the total annual salary and payroll tax expense for the employee, assuming the company receives IRS approval for its health care plan? Remember, contributions to an approved health care plan reduce the amount of wages subject to social security, Medicare, and federal income
taxes.
Salary
$95,000.00
Insurance
Tay
Taxable amount
Tax Rate
Social Security
$95,000.00 x
Medicare
$95,000.00 x
Federal unemployment $95,000.00 x
State unemployment
950od
Total expense for employee
* * * *
6.2%
1.45%
0.8%
5.4%
TOTAL SCORE: 0.38
Grace S2
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O

answer production department;

answer: b. false

the staff is a set of five horizontal lines and four spaces which represent a different musical pitch. the lines and the spaces are numbered from bottom to top, the bottom line is the first line and the fifth line is the line on the top. the notes on the top of the staff (fifth line) have a higher pitch than a note at the bottom of the staff.

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.