When a Feature Satisfies a Need or Want,then There Is

question 12

Multiple Choice

When a feature satisfies a need or want,then there is a _____.

• A)reduction of hassle
• B)level of high quality
• C)benefit
• D)hike in price
• E)tangible value

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Definitions:

Overtime Rate

The rate of pay for work performed beyond the normal working hours, typically higher than the regular pay rate.

Total Wages

The sum of all compensation, including salaries and wages, paid to employees over a specified period.

FICA

The Federal Insurance Contributions Act, a U.S. law that mandates a payroll tax to fund Social Security and Medicare programs.

W-4 Form

A form used by employees to indicate their tax situations to employers, which helps determine the amount of federal income tax to withhold from wages.