If you’ve filed for example a Federal income tax with the IRS. You’ll receive a Federal tax refund in return.
Answer:
$ 4, 725
Explanation:
Each broker get 50% of (6/100 x$350,000)
i.e. =50% (0.06 x $350,000)
= $ 21,000/2
=$10,500
Broker kept 55% meaning the office got 45 %
= 45/100 x $ 10,500
= $ 4, 725
Answer:
d.The change in total utility obtained by consuming one additional unit of a good or service.
Explanation:
Marginal utility help us to understand how our well being (measured by utility) changes when an individual consumes an additiona unit of a certain good or service.
Answer:
Planned Aggregate Expenditure equals <u>290 + 0.75Y</u> and the short run equilibrium output equals <u>1,160</u>.
Explanation:
Autonomous spending basically covers essential needs, e.g. housing expenses, food, clothing, etc., and is not affected by the marginal propensity to consume (MPC).
so consumption must equal: C = 100 + 0.75 (Y income - 40 taxes)
PAE = C + I + G + X = 100 + 0.75(Y - 40) + 50 + 150 + 20
PAE = 100 + 0.75Y - 30 + 50 + 150 + 20 = 290 + 0.75Y
Short run equilibrium exists when Y = PAE:
Y = 290 + 0.75Y
Y - 0.75Y = 290
0.25Y = 290
Y = 290 / 0.25 = 1,160
Answer:
d
Explanation:
Indirect costs are costs of production that cannot be directly linked to a unit, activity or product.
Indirect manufacturing costs are cost of production that cannot be directly linked to a good that is produced.
Examples of indirect manufacturing cost include :
- Indirect Materials
- utility
- machine maintenance
- Real estate taxes on the factory
- Depreciation
- Salary of production floor manager