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svlad2 [7]
3 years ago
10

Question 6. (10 marks)

Business
1 answer:
natka813 [3]3 years ago
8 0

brainly.com/question/12501354?answering=true&answeringSource=greatJob%2FquestionPagehttps://brainly.com/question/12501354?answering=true&answeringSource=greatJob%2FquestionPagehttps://brainly.com/question/12501354?answering=true&answeringSource=greatJob%2FquestionPagehttps://brainly.com/question/12501354?answering=true&answeringSource=greatJob%2FquestionPagehttps://brainly.com/question/12501354?answering=true&answeringSource=greatJob%2FquestionPage

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This form will be sent to Lily by the end of January. She will use this form to...
Lyrx [107]

Answer:

\large\colorbox{white}{File her income taxes}

Explanation:

\large\colorbox{orange}{ɪ ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs}

\large\colorbox{lime}{Xxᴊᴀsʜ13xX}

6 0
2 years ago
What is the marginal income tax rate of a $5,000 raise for someone who currently makes $95,000 per year?
elena-14-01-66 [18.8K]

24% will be the tax bracket for her. The marginal tax rate is the tax rate you pay on every dollar of additional income. Individuals' federal marginal tax rate in the United States rises as their income rises. As one's income rises, the last dollar earned is taxed at a higher rate than the first.

This method of taxation, known as progressive taxation, aims to tax individuals based on their earnings, with low-income earners paying a lower rate than higher-income earners. Under a marginal tax rate, taxpayers are typically divided into tax brackets or ranges, which determine the rate applied to the tax filer's taxable income.

However, how much of an individual's income is taxed depends on more factors than just their marginal tax bracket. Instead, income taxes are calculated progressively, with a range of income levels subject to a certain rate for each bracket.


To learn more about marginal tax, click here

brainly.com/question/10798743

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5 0
2 years ago
Coffee bean merchants notice that coffee prices are at a historic low today but they expect the price of coffee beans to increas
d1i1m1o1n [39]

Answer:

1. Supply will decrease

Explanation:

Due to the basic economic principle that when supply superceeds the demand for goods and services, the prices of such goods and services fall. As a result of this, and an expected increase in future prices, the supply of coffee beans by coffee merchants to the markets will decrease.

This is because the merchants want to receive higher profits and to do so, they will withhold supply to sell in the next six months when the price is higher.

6 0
3 years ago
Read 2 more answers
An economic model can be defined as___________a. a testable claim which can be evaluated with proper data.b. a representation of
Radda [10]

Answer:

b. a representation of a theory or a part of a theory

Explanation:

A model is different from theory because is a more applied and empirical representation of a situation while the theory is more abstract. An economic model is a simplified prediction of a complex and real economic behavior, it uses variables to analyze different scenarios, it also uses logical and quantitative relationships between economic processes, is usually mathematical. <em>The results of these models can lead to a new investigation, theorization or to prove theories.</em>

I hope you find this information useful and interesting! Good luck!

5 0
3 years ago
Select the true statement about the Restatement of the Law of Contracts.
Vladimir79 [104]

Answer:

The TRUE statement about the Restatement of the Law of Contracts is:

a. It is a valuable resource for judges to consult, but it is not formal law.

Explanation:

The Restatement of the Law of Contracts are treatises that clarify the general principles of contract common law, to help judges and lawyers in their judgments.  Though it is one of the best-recognized and frequently cited legal treatises in all of American jurisprudence, it remains secondary sources of law.  With the cooperation of judges, legal professors, and other legal experts, it is written and published by the American Law Institute (ALI).

7 0
3 years ago
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