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4 years ago

What tax does the lower class pay little in, making the middle income pay more?

1 answer:

4 0

<span>Overall, the poorest 20 percent of Americans paid an average of 10.9 percent of their income in state and local taxes and the middle 20 percent of Americans paid 9.4 percent. The top 1 percent, meanwhile, pay only 5.4 percent of their income to state and local taxes. (I'm sorry I type slow xd).

Hope this helped!! <3
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A company manufactures various-sized plastic bottles for its medicinal product. The manufacturing cost for small bottles is $50

Artyom0805 [142]

Answer:

a. $(8000)

b. Company should choose alternative 1 and make bottles.

Explanation:

Particulars Make Bottles Buy Bottles Differential

Alternative 1 Alternative 2

Purchase Price 0 $37 $(37)

Freight Charges 0 $4 $(4)

Variable cost $33 $33

Fixed Cost $17 $17 0

Cost per unit $50 $58 $(8)

Income / (Loss) $50,000 $58,000 $(8,000)

b. The company should choose alternative 1 and make bottles. The buying of bottles will cost company loss of $8,000.

7 0

4 years ago

The price of a camera decreases from $200 to $180, and in response to the price change the quantity demanded increases from 60 t

bonufazy [111]

The price of a camera decreases from $200 to $180, and in response to the price change the quantity demanded increases from 60 to 70 units. Therefore, demand for cameras in this price range is inelastic.

An economic word known as "inelasticity" describes an item or service's unchanging quantity when its price varies. When prices rise, consumers' purchasing patterns essentially stay the same, and when prices fall, those same purchasing patterns still hold true. This is known as inelastic demand. When an item or service's quantity remains constant when its price increases, it is said to be "inelastic. "When a good or service's price increases or decreases, consumers' purchasing patterns essentially stay the same. The same is true when the price of the good or service decreases. The demand for an item or service that is totally inelastic would not fluctuate regardless of price; however, no such good or service exists. Elastic contrasts with inelastic.

To learn more about inelasticity visit here;

brainly.com/question/28192591

#SPJ4

7 0

1 year ago

During the beginning of the 21st century, the growth in computer sales declined for the first time in almost two decades. As a r

MAXImum [283]

Answer:

Answer for the question:

During the beginning of the 21st century, the growth in computer sales declined for the first time in almost two decades. As a result, PC makers dramatically reduced their orders of computer chips from Intel and other vendors. In general, the environment in which computer manufacturers operate is very uncertain; how should we expect this feature of the market to affect the length of contracts between computer manufacturers and their hardware manufacturers?

is given in the attachment.

Explanation:

4 0

3 years ago

Alice purchases a rental house on August 22, 2017, for a cost of $174,000. Of this amount, $100,000 is considered to be allocabl

sergij07 [2.7K]

Answer:

correct option is c. $1,364

Explanation:

given data

purchases house = $174,000

cost of the home = $100,000

cost of the land = $74,000

solution

we know that here MACRS depreciation deduction is here on the $100000

because home only residential real property

and land is not depreciated assets

so here depreciation rate is 1.364 %

so that maximum depreciation deduction allowed is = $100,000 × 1.364

maximum depreciation deduction allowed = 1364

so correct option is c. $1,364

3 0

3 years ago

Halima wants a Manufacturing career. She wants to be very successful and get paid well. Which career pays the highest salary?

ollegr [7]

Yes, I agree with Medical Engineer

6 0

4 years ago

Read 2 more answers