Henry and claudia can claim alyssa for which tax benefit(s)?

1 answer:

6 0

The answer is dependency exemption and the child tax credit. A dependency exemption is an amount of money that can be subtracted from adjusted gross income for having dependents. The personal and dependent exemptions and qualifying family members lessen the amount of income on which will be taxed. In which in effect, these exemptions are the same as deductions while a child tax credit is a non-refundable credit that lessens the liability of a taxpayer on a currency basis which is envisioned to offer an extra measure of tax reprieve for taxpayers with succeeding dependents.

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What do people purchase as a form of risk management to protect themselves from losing a lot of money in the event something hap

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Insurance: An arrangement to provide protection against a possible eventuality.

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A single-price monopoly can sell 2 units for $8.50 per unit. in order to sell 3 units, the price must be $8.00 per unit. the mar

MAVERICK [17]

Marginal revenue is the ratio that is calculated in order to account for the change in overall income that results from selling one additional unit. This term is usually considered a microeconomic term but has many managerial accounting applications.

The formula to be used is,
Marginal revenue = (change in total revenues)/(change in quantity sold)

Revenue for 2 units sold: R = (2 units)($8.50/unit) = $17
Revenue for 3 units sold: R = (3 units)($8.00/unit) = $24

Change in Total Revenue = $24 - $17 = $7

Marginal Revenue = ($7) / (3 - 2) = $7/1

<em>ANSWER: Marginal Revenue: $7/unit</em>

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3 years ago

In emerging industries _________. a. product-differentiation efforts are focused on product refinement as a basis of product dif

Ilya [14]

Answer:

The correct answer is (B)

Explanation:

Companies which are first movers generally take a competitive advantage over other companies based on experience, technology and first-mover advantage. First movers usually control the market and that makes it hard for other companies to enter the market. Perceived technology helps such companies to gain more customers and their trust which leads them to take the maximum market share possible.

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Which of the following is characteristic of a purely competitive seller's demand curve? a. Price and marginal revenue are equal

Lesechka [4]

Answer:

a. Price and marginal revenue are equal at all levels of output.

Explanation:

Purely competitive seller price is the total revenue of the seller, which is equal to market price of product multiplied by total number of output. In free competitive market, In pure competitive market, seller see a perfect elastic demand, so they sells any quantity of goods at market price. Therefore, average revenue and marginal revenue are equal to the market price. In this case, seller cannot make more profit by minimizing cost as they have to sell the units of goods at market price, however, in short run they could maximize the profit by reducing the variable cost.

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What amount would the insurance company pay for vandalism that does $425 of damage to a home if the insured homeowner has a $500

iren [92.7K]

ZERO amount would the insurance company pay for vandalism that does $425 of damage to a home if the insured homeowner has a $500 deductible.

( Because the deductible exceeds the loss or the damage. The loss is $425 and the deductible is $ 500, so here the deductible exceeds the loss hence the insurance company will not pay anything).

People like you pay premiums to insurance companies to cover potential losses related to their property. Insurance companies receive these premiums and aggregate them into money pools. These funds are available to cover losses incurred by pool members.

When you report a car accident to the insurance company, the insurance company will send an adjuster to assess the damage. The expert's first task is to decide whether to classify the vehicle as a total loss. Assuming the vehicle is a total loss, the expert performs a valuation and assigns a value to the vehicle.

Learn more about vandalism at

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2 years ago