The correct expression for cost plus pricing is
A) Price = Cost (1 + profit margin).
B) Price = Cost + profit margin.
C) Price = Cost (1 + mark-up).
D) Price = Cost + (1 + mark-up).
C
Economics
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Lawmakers designed the burden of the FICA payroll tax to be split evenly between workers and firms. Labor economists believe that
a. lawmakers may have actually achieved their goal because statistics show that the tax burden is currently equally divided. b. the tax raises too little revenue for the government, so it should be eliminated. c. firms bear most of the burden of the tax. d. workers bear most of the burden of the tax.
Economics
According to a 1977 amendment to the Federal Reserve Act of 1913, what are the goals the Fed should promote?
Economics