Two-part tariffs involve two pricing components: a fixed fee to gain access to a product or service, and a price per unit of the product or service. Examples include (1) pricing at amusement parks where there is an entrance fee and a per ride fee (you can even think of situations where the per ride fee is $0 as a special case of a two-part tariff); (2) monthly charges for access to a wireless network, plus a price per minute or some other measure of data usage; (3) membership stores, where customers are charged a monthly or annual fee, but possibly lower prices on the goods sold. Health insurance can also be viewed as being like a two-part tariff. Consumers pay a fixed premium, then consume medical services, but at a reduced rate. In the first scenario (below) you are setting a price per office visit. There is no health insurance. The fixed costs, quantity, and number of patients are per year. Set a price that maximizes profits.
Fixed cost: $12,000
Marginal cost per office visit: $15

Eager, a tipped employee, reported to his employer that he had received $320 in tips during march. on the next payday, april 4, he was paid his regular salary of $250. the amount of oasdi taxes to withhold from eager’s pay is a. $19.84 b. $15.50 c. $35.34 d. $43.61 e. none of the above. 2 points

Personal financial planning is the process of creating and achieving financial goals? true or false

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.