When making college visits, you may be able to gather important information about the campus, academic programs, student life, and facilities. This can help you make an informed decision about which college is the best fit for you.
When making college visits, you have the opportunity to gather valuable information and experiences that can greatly impact your decision-making process. By physically visiting the campus, you can get a firsthand look at the facilities, classrooms, and dormitories, allowing you to assess the overall environment and determine if it aligns with your preferences. Additionally, you can attend information sessions, meet with professors or current students, and explore academic departments to gain insight into the quality of the programs and the resources available. Engaging with the campus community during your visit can also give you a sense of the student life, clubs and organizations, and support services offered. These experiences and interactions can help you make a more informed decision about which college will provide the best fit for your academic, social, and personal goals.
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The question incomplete! The complete question along with answer and explanation is provided below.
Question:
Eagle Life Insurance Company pays its employees $.30 per mile for driving their personal automobiles to and from work. The company reimburses each employee who rides the bus $100 a month for the cost of a pass. Tom, in his Mazda 2-seat Roadster, collected $100 for his automobile mileage, and Mason received $100 as reimbursement for the cost of a bus pass.
a. What are the effects of the $100 reimbursement on Tom's and Mason's gross income?
b. Assume that Tom and Mason are in the 24% marginal tax bracket and the actual before-tax cost for Tom to drive to and from work is $0.30 per mile. What are Tom's and Mason's after-tax costs of commuting to and from work?
Explanation:
a.
For Tom:
He is required to include the $100 in gross income therefore, he would have to pay after-tax cost on the reimbursement.
For Mason:
He is not required to include the $100 in gross income due to qualified transportation fringe.
b.
For Tom:
Marginal tax = 24%
The after-tax cost of commuting = 0.24*$100 = $24
The before-tax cost of commuting = $0 (since he was reimbursed)
For Mason:
The after-tax cost of commuting = $0
The before-tax cost of commuting = $0 (since he was reimbursed)
Answer:
The correct answer is higher costs for students.
Explanation:
The disadvantage of adding a salad bar to a school lunch menu would be that it would increase costs for students. This is due to increased school lunch expenses, and although healthy food intake will increase because salads are healthier and healthier, the cost of lunch will be higher.
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b. that employ the most domestic workers.
c. that will increase their foreign exchange rate by the largest amount.
d. for which their consumption taxes are lowest.
Answer: According to the principle of comparative advantage, worldwide output and consumption will be higher when nations specialize in the production of those goods and services "a. they can provide at a lower opportunity costs."
Explanation: The comparative advantage is the ability of a country to produce a good using relatively less resources than another. The theory of comparative advantages says that Each country in question will specialize in what is most efficient. At the same time, it will import the rest of the products in which they are most ineffective in terms of production. Although a country does not have an absolute advantage in producing any good, it may specialize in those goods in which it finds a greater comparative advantage and finally be able to participate in the international market.
Pn = P0(1+r)∧n
Pnis future value of P0
P0 is original amount invested
r is the rate of interest
n is the number of compounding periods (years, months, etc.)
P(n) = 2250(1+(.03/4)∧8
** since the interest is compounding quarterly, you need to divide the rate by 4, the number of quarters in a year.
Then you would do the math.
Answer:
A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. The following concepts can not be illustrated by this concept:
Explanation:
Answer: The answer is inflation
Explanation:
Production possibility curve is the locus of points showing the various combination of two commodities that can be produced using the available resources and the available technology. The production possibility curve is a analytical tool which explained the problem of making a choice and opportunity cost., it is used to explain that the cost of producing a particular commodity is the amount of another commodity that must be sacrificed. The production possibility curve can be used to explain the following economic concept
Opportunity cost : This is cost of sacrificing one commodity for the other.This is the alternative forgone in order to produce that commodity.
Full employment : The point on the curve is used to indicate when the country is having full employment or when the country is having an efficient use of resources
Unemployment : The point inside the curve is used to indicate when the country is having unemployment or when such a country is having inefficient use of resources.
Economic growth : The outward shift of the curve indicate that the country is having economic growth, it is used to show when there is an increase in output per head in an economy.
Investment : The production possibility curve is also used to explain when there is increase in investment in the country, in the sense that, investment occurs when more capital goods and fewer consumer goods are produced.
However, The production possibility curve cannot be used to explain the concept of inflation in an economy of a country. In the sense that, in the period of inflation the taste and desires of consumers are not correctly influenced by the prices of goods and services, during inflation less of goods and services are purchased by consumers because inflation reduced their purchasing power.
Equilibrium is defined when: supply and demand meet.
Equilibrium can simply be defined as the equilibrium point where both supply and demand meet.
When the number of goods a producer supplied to the market equal the products consumers or buyer demand in the market this means that supply and demand meet.
Based on this their will be no excess because the quantity supplied to the market is the quantity that consumer demanded in the market.
Inconclusion Equilibrium is defined when: supply and demand meet.
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